running springs: Running Springs Real Estate- What the heck is going on? - 03/10/09 09:00 AM
I did some analysis for an agent this morning March 9, 2009 on the Running Springs market.  These figures are for properties priced between $125,000 and $200,000.  This data was as reported to Rim Association of Realtors.

 
 

 
 
What does all of this mean?

 
 
First the only thing that is selling in the current market environment is "deals" property must be priced below the market value to sell.  There are currently 21 properties listed for sale in this range.  Only 7 sales in 90 days that is 2.3 per month.  There are currently 2 … (2 comments)

running springs: Running Springs Home Sales Statistics - 03/25/08 06:48 AM

 Running Springs Home Sales Statistics:
January 1 to March 24, 2007Sales:  24Median Sales Price:  $242,750Days On Market:  139
January 1 to March 24, 2008
Sales:  12Median Sales Price:  $229,500Days on Market: 177
The Running Springs Market has experienced a 50% decline in the number of transactions from January to March 24 in 2008 vs the same time period last year.
The Median sales price declined 5.4% for the comparative period.
Time on market increased by 37% for the same period.
Bottom line is there are fewer transactions.  Values are down 5.4% and it is taking 37% longer to get them sold.
If you have need for further or updated information … (2 comments)

running springs: Running Springs Home Sales 2006 vs. 2007 - 02/12/08 09:46 PM
The following spread sheet compares 2007 vs. 2006 single family home sales in the Running Springs market according to the Rim Association of Realtors as of February 12, 2008.  The chart shows a reported decrease of 62% for the market and also breaks out variances by companies that reported listings sold during the specified time period.  Contact me for further clarification on the data if needed.
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Steven Keefe

Lake Arrowhead, CA

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Coldwell Banker Sky Ridge Realty

Address: 27206 St. Hwy 189, Box 1089, Lake Arrowhead, CA, 92352

Office: (909) 336-2131

Mobile: (909) 744-7690

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