Running Springs Real Estate: Weekly Market Update (11/3 thru 11/9/14)

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

2

 $169,000 - $265,500

 $  217,250

ACTIVE

81

 $73,000 - $829,000

 $  169,000

PENDING

23

 $87,000 - $399,000

 $  199,000

SOLD

4

 $99,000 - $335,000

 $  137,500

The 4 sales this week sold for an average of 94.5% of their list prices and were on the market for 93.25 days on average.

* 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 Running Springs
Groups:
Southern California Real Estate Forum
Vacation and Second homes
Resort and Second Properties (RSPS)
Resort & Second-home Property Specialist - NAR Designation
Tags:
days on market
market statistics
new listings
averages
median prices
real estate
running springs
recent sales
green valley lake
weekly market update
arrowbear

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