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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.

The links below take you to weekly breakdowns 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!

ARROWHEAD WOODS

New Listings

14

Median Price

$597,000

Price Range

$370,000 - $1,150,000

 

 

Active Listings

309

Median Price

$549,000

Price Range

$229,000 - $5,995,000

 

 

Pending Listings

28

Median Price

$590,000

Price Range

$279,000 - $1,399,000

 

 

Sold Listings

3

Median Price

$280,000

Price Range

$190,000 - $705,000

Average Days on Market

128.0

Average List To Sale Percentage

93.9%



LAKEFRONT HOMES

New Listings

1

Median Price

$3,500,000

Price Range

$ - $

 

 

Active Listings

28

Median Price

$2,850,000

Price Range

$995,900 - $9,950,000

 

 

Pending Listings

2

Median Price

$2,600,000

Price Range

$2,250,000 - $2,950,000

 

 

Sold Listings

0

Median Price

$

Price Range

$ - $

Average Days on Market

 

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

$249,900

Price Range

$169,000 - $649,000

 

 

Active Listings

149

Median Price

$259,000

Price Range

$99,900 - $1,619,100

 

 

Pending Listings

18

Median Price

$226,950

Price Range

$175,000 - $375,000

 

 

Sold Listings

0

Median Price

$

Price Range

$ - $

Average Days on Market

 

Average List To Sale Percentage

%



CRESTLINE

New Listings

5

Median Price

$211,950

Price Range

$189,900 - $349,900

 

 

Active Listings

153

Median Price

$263,000

Price Range

$37,500 - $1,650,000

 

 

Pending Listings

18

Median Price

$179,500

Price Range

$119,900 - $489,900

 

 

Sold Listings

1

Median Price

$189,000

Price Range

$ - $

Average Days on Market

118

Average List To Sale Percentage

94.5%



RUNNING SPRINGS AREAS
(RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)

New Listings

8

Median Price

$164,500

Price Range

$117,900 - $950,000

 

 

Active Listings

206

Median Price

$262,450

Price Range

$94,500 - $1,395,000

 

 

Pending Listings

15

Median Price

$189,700

Price Range

$69,750 - $309,950

 

 

Sold Listings

2

Median Price

$322,500

Price Range

$215,000 - $430,000

Average Days on Market

309.5

Average List To Sale Percentage

90.2%


* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED. 

 

5 Comments on Lake Arrowhead Real Estate: Weekly Market Update (2/24/08 - 03/01/08)

Great Post Greg... Keep up the Good Work.  I know that these posts are going to pay off.

 

Steve

03/03/2008 11:08 AM by Coldwell Banker Sky Ridge Realty


They're definitely paying off in placement.  I'll be interested to see what new business comes from it...

03/03/2008 02:13 PM by Greg Steffens (Coldwell Banker Sky Ridge Realty)


Great detail Greg. 

The tables and info are visually appealing and provide a easy way of understanding the real estate market conditions in your area.  Glad to hear the market is picking up a bit there.

03/07/2008 01:27 PM by Tyler Wood ~ Big Bear Real Estate (Coldwell Banker, Mountain Gallery Realtors)


Thanks Tyler - I really appreciate your input.

03/07/2008 01:38 PM by Greg Steffens (Coldwell Banker Sky Ridge Realty)


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Real Estate Agent: Greg Steffens (Coldwell Banker Sky Ridge Realty)
Greg Steffens
Lake Arrowhead, CA
More about me…
Coldwell Banker Sky Ridge Realty

Office Phone: (909) 336-7971
Cell Phone: (909) 534-8183
Email Me
Lake Arrowhead real estate is unique. It is a lifestyle, not a destination. Because Lake Arrowhead real estate is so unique, so is this blog site. It is to show you the many facets of this wonderful community based on our own experiences, both personal and professional.


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