To be an informed seller or buyer, it is imperative to know what is happening in the current market. There are many factors to determining the proper price when listing a home for sale. There are just as many factors to help you decide whether you are getting good value for your dollar when you purchase a home.
Below is a weekly breakdown of new listings, homes sold, active listings and homes currently in escrow. We have further broken down this information to show you median prices and price ranges, number of days on market and the percentages of list price to sales price.
To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us. If you are looking to buy a home and are wondering what is a good deal right now, please contact us right away. Good deals go quickly!
To see previous weekly, monthly and quarterly statistics, visit our website at: www.GregSteffens.com
WEEKLY MARKET UPDATE
(02/10/08 through 02/16/08)
ARROWHEAD WOODS
New Listings | 10 |
Median Price | $439,450 |
Price Range | $300,000 - $1,250,000 |
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Active Listings | 303 |
Median Price | $549,000 |
Price Range | $229,000 - $6,995,000 |
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Pending Listings | 28 |
Median Price | $562,450 |
Price Range | $213,200 - $1,295,000 |
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Sold Listings | 5 |
Median Price | $580,000 |
Price Range | $295,000 - $1,535,000 |
Average Days on Market | 362.2 |
Average List To Sale Percentage | 95.8% |
LAKEFRONT HOMES
New Listings | 1 |
Median Price | $1,895,000 |
Price Range | $ - $ |
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Active Listings | 27 |
Median Price | $2,850,000 |
Price Range | $995,900 - $9,950,000 |
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Pending Listings | 3 |
Median Price | $2,250,000 |
Price Range | $1,775,000 - $2,950,000 |
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Sold Listings | 0 |
Median Price | $ |
Price Range | $ - $ |
Average Days on Market |
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Average List To Sale Percentage | % |
SURROUNDING COMMUNITIES
(ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK,
DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)
New Listings | 5 |
Median Price | $345,000 |
Price Range | $124,950 - $389,000 |
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Active Listings | 157 |
Median Price | $265,000 |
Price Range | $99,900 - $1,619,100 |
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Pending Listings | 13 |
Median Price | $214,900 |
Price Range | $175,000 - $395,000 |
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Sold Listings | 0 |
Median Price | $ |
Price Range | $ - $ |
Average Days on Market |
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Average List To Sale Percentage | % |
CRESTLINE
New Listings | 15 |
Median Price | $269,900 |
Price Range | $159,900 - $649,000 |
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Active Listings | 147 |
Median Price | $263,000 |
Price Range | $37,500 - $1,650,000 |
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Pending Listings | 18 |
Median Price | $179,500 |
Price Range | $119,900 - $489,900 |
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Sold Listings | 1 |
Median Price | $250,000 |
Price Range | $ - $ |
Average Days on Market | 133.0 |
Average List To Sale Percentage | 92.9% |
RUNNING SPRINGS AREAS
(RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings | 7 |
Median Price | $227,700 |
Price Range | $159,900 - $539,000 |
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Active Listings | 201 |
Median Price | $269,000 |
Price Range | $94,500 - $1,395,000 |
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Pending Listings | 11 |
Median Price | $253,600 |
Price Range | $189,000 - $499,900 |
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Sold Listings | 1 |
Median Price | $320,000 |
Price Range | $ - $ |
Average Days on Market | 27.0 |
Average List To Sale Percentage | 100% |
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED. |
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