Lake Arrowhead 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 tables below show 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!

ARROWHEAD WOODS

STATUS

NUMBER

 PRICE RANGE 

 MEDIAN 

NEW

11

 $190,000 - $559,000 

 $  385,000

ACTIVE

307

 $190,000 - $5,850,000 

 $  479,000

PENDING

50

 $199,000 - $1,195,000 

 $  343,000

SOLD

  10

 $180,000 - $885,000 

 $  332,000

Of the ten homes in Arrowhead Woods that sold over the last seven days, the average list-to-sale percentage was 95.4%.  The average number of days on market was 124.4.

LAKEFRONT PROPERTIES

STATUS

NUMBER

 PRICE RANGE 

 MEDIAN 

NEW

0

 -

 -

ACTIVE

38

$650,000 - $15,900,000 

    $2,574,500

PENDING

2

$1,275,000 - $2,395,000  

$1,835,000

SOLD

0

-

-

 

SURROUNDING COMMUNITIES

(Includes Arrowhead Villas, Cedar Glen, Deer Lodge Park, Skyforest, Rim Forest, Twin Peaks, Crest Park, Crest Estates)

STATUS

NUMBER

 PRICE RANGE 

 MEDIAN 

NEW

1

 $169,000

 -

ACTIVE

72

 $65,00 - $775,000 

 $  169,000

PENDING

20

 $75,000 - $539,000

 $  159,500

SOLD

3

 $154,500 - $20,000

 $  157,000

The 3 sales for this week's time got a 94.8% of their list prices and were on the market for a high 249 days on average.    

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

Comments (2)

Kat DeLong
Realty ONE Group Mountain Desert - Prescott, AZ
REALTOR

Greg:

As always, great Lake Arrowhead real estate market report!!!!

Nov 04, 2014 04:55 AM
Greg Steffens
Mountain Country Realty - Lake Arrowhead, CA

Thanks for the support, Kat!

Nov 04, 2014 05:21 AM