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Crestline Real Estate: Weekly Market Update (4/22/13 through 4/28/13)

By
Real Estate Agent with Mountain Country Realty BRE#01228248

To be an informed seller or buyer of real estate in the Crestline area (also known as Lake Gregory), 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 graph below shows you the 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.

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 at 909.534.8183.  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!

 

STATUS NUMBER  RANGE  MEDIAN
NEW 9  $94,500 - $261,500  $219,000
ACTIVE 47  $35,000 - $799,000  $195,000
PENDING 28  $38,000 - $299,900  $129,900
SOLD 3  $195,000 - $200,000  $198,500

 

Of the 3 properties that sold in the last 7 days in the Crestline / Lake Gregory area, the average number of days on market was a tiny 3.3 days and the average list-to-sale percentage was 97.31%.

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