Mountain Market Report from Crestline to Green Valley Lake

Mountain Market Report from Crestline to Green Valley Lake

Listings are down, and sold prices are sightly up overall. The market IS changing. That said, we still have some great deals out there, so don't miss the boat of home ownership. If you've been thinking about buying, now is the time.

Read the Market Watch article from Wall Street Journal, Pending Homes Sales up Seven Months in a row.

~~~

LAKE ARROWHEAD AND ITS SURROUNDING AREAS

(All towns from Crestline to Green Valley Lake, including Lake Fronts)

Listings: 801 Prices: $54,500 - $14,200,000 MEDIAN PRICE: $369,000

Pendings: 138 Prices: $39,000 - $2,800,000 MEDIAN PRICE: $285,000

Solds from: Sept 1 - to date: 74 Prices: $43,510 - $4,250,000 MEDIAN PRICE: $185,000

SOLDS Year-To-Date: 511 Price: $31,900 - $4,250,000 MEDIAN PRICE: $199,900 (prices coming in within 5% of list price)

~~~

ARROWHEAD WOODS (Lake Rights)

Listings: 370 Prices: $125,900 - $3,450,000 MEDIAN PRICE $499,000

Pendings: 45 Prices: $99,800 - $1,295,000 MEDIAN PRICE: $339,000

Solds from Sept 1 to date: 25 Price: $235,000 - $769,000 MEDIAN PRICE: $320,000

SOLDS Year-To-Date: 189 Price: $119,900 - $1,650,000 MEDIAN PRICE: $320,000 (prices coming in within 4% of list price)

~ ~ ~

LAKEFRONTS

Listings: 47 Prices: $150,000 (an interest in) $799,000 - $14,200,000 MEDIAN PRICE: $2,350000

Pendings: 4 Price: $749,000 - $2,800,000 MEDIAN PRICE: $1,424,000

Solds Sept 1 to date: 2 Price: $999,000 - $4,250,000 MEDIAN: $2,587,500

SOLDS Year-To-Date: 12 Price: $999,000 - $4,250,000 MEDIAN PRICE: $1,350,000 (prices coming in within 11% of list price)

~ ~ ~

FIGURES TAKEN FROM RIM OF THE WORLD MLS ONLY & ARE DEEMED RELIABLE, BUT NOT GUARANTEED

The chart below reflects MEDIAN prices (not including lakefronts)

Mountain Market Report from Crestline to Green Valley Lake

Need to take the bus? Check out the Marta-