Lake Arrowhead 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 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

10

 $249,900 - $1,295,000 

 $  562,000

ACTIVE

301

 $190,000 - $5,850,000 

 $  480,000

PENDING

45

 $193,900 - $1,195,000 

 $  365,000

SOLD

  12

 $184,000 - $610,000 

 $  296,500

Of the t12 homes in Arrowhead Woods that sold over the last seven days, the average list-to-sale percentage was 96.3%.  The average number of days on market was 124.

LAKEFRONT PROPERTIES

STATUS

NUMBER

 PRICE RANGE 

 MEDIAN 

NEW

1

 -

 $2,650,000

ACTIVE

39

$650,000 - $15,900,000 

    $2,650,000

PENDING

1

-

$2,395,000

SOLD

1

-

$1,250,000

The solitary lakefront sale for this week sold for 98% of its list price and was on the market for just under 6 months (172 days). 

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

4

 $105,000 - $575,000

 $149,000

ACTIVE

65

 $65,00 - $775,000 

 $  167,000

PENDING

23

 $75,000 - $230,000

 $  150,000

SOLD

3

 $195,000 - $225,000

 $  225,000

The 3 sales for this week's time got a 95.4% of their list prices and were on the market for 119 days on average.    

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

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Topic:
Real Estate Market Trends
Location:
California San Bernardino County Lake Arrowhead
Groups:
Southern California Real Estate Forum
Vacation and Second homes
Resort and Second Properties (RSPS)
Tags:
market statistics
new listings
lakefront
real estate
twin peaks
recent sales
lake arrowhead
arrowhead woods
weekly market update
deer lodge park
skyforest
cedar glen
arrowhead villas
rim forest
crest estates
crest park
surrounding communities

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