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Crestline Real Estate: Weekly Market Update (11/16/08 through 11/22/08)

By
Real Estate Agent with Mountain Country Realty BRE#01228248

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.

CRESTLINE

New Listings

8

Median Price

$158,950

Price Range

$112,900 - $332,900

 

 

Active Listings

145

Median Price

$229,900

Price Range

$64,500 - $695,000

 

 

Pending Listings

25

Median Price

$197,900

Price Range

$69,500 - $459,000

 

 

Sold Listings

1

Median Price

$179,900

Price Range

$ - $

Avg. Days on Market

91.0

Avg. List To Sale %

100%

Click here to see commentary on the mountain-wide market statistics for this time period.

On our website (www.GregSteffens.com) you will also find market reports done weekly, monthly, quarterly and annually for all market areas.  Of course, if you have questions, please contact us via phone (909.336.7971) or by email (info@gregsteffens.com) anytime.

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