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Running Springs Real Estate: Monthly Statistics (December 2007 vs. December 2008)

By
Real Estate Agent with Mountain Country Realty BRE#01228248

This posts deals strictly with RUNNING SPRINGS statistics (including Running Springs, Green Valley Lake and Arrowbear) compared to the prior year's activity for the same month.  This report is for single-family residences only and does not include condos or lots.  We are tracking information regarding new listings and properties sold.  We are also looking at some of the averages - days on market and the list to sale percentages, as well as the number of homes that had to reduce their list prices before an acceptable offer was received.

RUNNING SPRINGS**

   

DECEMBER

 2007

2008 

New Listings
Median List Price
List Price Range

26
$221.5K
$94.9K - $1.05M

10
$254.9K
$96.9K - $825K

Listings Sold
Median Sale Price
Sale Price Range

10
$220K
$130K - $385K

9
$181K
$95K - $325K

Avg. Days On Market
Avg. List To Sale %

134.3
95.1

100.2
86.6

Price Reductions

5/10 (50%)

4/9 (44.4%)

 ** = "Running Springs" includes:  Running Springs, Arrowbear and Green Valley Lake

 * All figures taken from the Rim O' the World Multiple Listing Service and are deemed reliable, but not guaranteed.

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