Crestline Real Estate: Weekly Market Update (10/27 thru 11/2/14)

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!

CRESTLINE / LAKE GREGORY

STATUS

NUMBER

 PRICE RANGE 

 MEDIAN 

NEW

3

 $119,000 - $159,000 

 $  124,500

ACTIVE

91

 $65,000 - $995,000 

 $  209,900

PENDING

18

 $69,900 - $269,800 

 $  163,500

SOLD

12

 $35,000 - $310,000

 $  137,500

The twelve sales this week averaged 95.5% of their list prices and were on the market for an average of 70.4 days.  

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

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Topic:
Real Estate Market Trends
Location:
California San Bernardino County Crestline
Groups:
Southern California Real Estate Forum
Vacation and Second homes
Resort and Second Properties (RSPS)
Resort & Second-home Property Specialist - NAR Designation
Tags:
median price
average days on market
new listings
real estate
crestline
lake gregory
recent sales
weekly market update
list to sale percentage

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