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Running Springs Real Estate: Weekly Market Update (8/4/14 - 8/10/14)

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.

The table 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.  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!

RUNNING SPRINGS / ARROWBEAR / GREEN VALLEY LAKE

STATUS

NUMBER

 PRICE RANGE 

 MEDIAN 

NEW

6

 $159,000 - $405,000

 $  244,450

ACTIVE

126

 $87,000 - $829,000

 $  159,900

PENDING

26

 $74,900 - $319,000

 $  157,250

SOLD

3

 $105,000 - $162,000

 $  124,900

The three sales this week sold for an average of 95.2% of their list prices and were on the market for 102.7 days on average.

* Statistics taken from the Rim O' the World multiple listing service and are deemed reliable, but not guaranteed.

Comments (4)

Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor
South Florida Estate Homes Inc - Weston, FL
South Florida Estate Homes Inc.

Great information on Running Springs. This would be very helpful for buyers and sellers in your market.

Aug 12, 2014 02:09 AM
Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Thanks very much, Jacob....I appreciate that!

Aug 12, 2014 10:19 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Greg Steffens this is a great market update with pertinent information for buyers and sellers alike!  Thank you for sharing!

Aug 12, 2014 11:59 AM
Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Hey Jim -  Happy to share!  Thanks for your comments....

Aug 15, 2014 01:11 PM