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Running Springs Real Estate: Weekly Market Update (10/12/08 through 10/18/08)

By
Real Estate Agent with Mountain Country Realty BRE#01228248

This week's "Weekly Market Update" is a tad different...in the past I have been posting real estate statistics for ALL areas of the mountain (Lake Arrowhead, Crestline and Running Springs) under the heading of "Lake Arrowhead Real Estate." Well, looking at it, that doesn't make sense, does it?

So, from now on, I'll be posting this is pieces under their respective area headings:  Lake Arrowhead (Arrowhead Woods) Lakefront properties in Lake Arrowhead (because lakefronts are a totally different animal), Crestline and Running Springs (including Running Springs, Arrowbear and Green Valley Lake).  You won't find my brief commentary of the past week's activity here, but it will still be shown on our website posting (www.GregSteffens.com).

The only segment that doesn't translate is the "Surrounding Communities" statistics which has included Arrowhead Villas, Cedar Glen, Twin Peaks, Deer Lodge Park, Crest Estates, Crest Park, Rim Forest, and Skyforest.  I'm still contemplating how I'll address this, but for now you'll have to visit the web page ("Weekly Market Update" button) at www.GregSteffens.com to view these statistics.... 

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

New Listings

8

Median Price

$152,900

Price Range

$120,000 - $399,900

 

 

Active Listings

206

Median Price

$172,475

Price Range

$39,900 - $4,600,000

 

 

Pending Listings

15

Median Price

$170,450

Price Range

$93,900 - $2,100,000

 

 

Sold Listings

2

Median Price

$177,000

Price Range

$62,000 - $292,000

Avg. Days on Market

236.5

Avg. List To Sale %

97.1%

For the most current posting of statistics, or to look back at corresponding periods to compare, visit the "Weekly Market Update" and "Market Statistics" sections of our website at www.GregSteffens.com.  Of course, you're always welcome to email us (info@GregSteffens.com) or call us (909.336.7971) with any questions you may have....or just to chat.

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