Lake Arrowhead Real Estate: Weekly Market Update (09/21/08 through 09/27/08)

There were 37 new listings over the last seven days across our multiple listing service areas, bringing the total inventory of single family dwellings for sale to 1033. There are 97 homes currently in escrow and only 4 houses sold with an average days on market of 226.2 days (skewed because one of the four sold houses had been on the market for 544 days) and with an average list to sale percentage of 98.3%.

ARROWHEAD WOODS

New Listings	13
Median Price	$429,900
Price Range	$224,900 - $950,000

Active Listings	435
Median Price	$547,500
Price Range	$199,000 - $5,995,000

Pending Listings	41
Median Price	$375,000
Price Range	$169,900 - $899,000

Sold Listings	2
Median Price	$517,500
Price Range	$95,000 - $940,000
Avg. Days on Market	130.5
Avg. List To Sale %	95.0%

LAKEFRONT HOMES

New Listings	0
Median Price	$
Price Range	$ - $

Active Listings	36
Median Price	$2,200,000
Price Range	$1,150,000 - $9,950,000

Pending Listings	2
Median Price	$3,222,500
Price Range	$2,499,000 - $3,950,000

Sold Listings	0
Median Price	$
Price Range	$ - $
Avg. Days on Market
Avg. List To Sale %	%

SURROUNDING COMMUNITIES
(ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK,
DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)

New Listings	11
Median Price	$172,000
Price Range	$99,900 - $1,289,000

Active Listings	179
Median Price	$249,000
Price Range	$74,900 - $1,779,000

Pending Listings	14
Median Price	$171,950
Price Range	$129,000 - $299,000

Sold Listings
Median Price	$
Price Range	$ - $
Avg. Days on Market
Avg. List To Sale %	%

CRESTLINE

New Listings	8
Median Price	$177,375
Price Range	$79,900 - $262,000

Active Listings	169
Median Price	$245,000
Price Range	$59,900 - $799,000

Pending Listings	25
Median Price	$161,500
Price Range	$44,900 - $449,000

Sold Listings	1
Median Price	$129,900
Price Range	$ - $
Avg. Days on Market	4.0
Avg. List To Sale %	100.0%

RUNNING SPRINGS AREAS
(RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)

New Listings	5
Median Price	$259,900
Price Range	$89,000 - $299,000

Active Listings	214
Median Price	$252,400
Price Range	$49,900 - $4,600,000

Pending Listings	15
Median Price	$169,900
Price Range	$49,900 - $515,000

Sold Listings	1
Median Price	$135,000
Price Range	$ - $
Avg. Days on Market	544.0
Avg. List To Sale %	100.0%

* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.

Posted Monday Sep 29

Greg Steffens
Coldwell Banker Sky Ridge Realty

Greg Steffens: Real Estate Agent in Lake Arrowhead, CA

Office: (909) 336-7971

Mobile: (909) 534-8183

Your Lake Arrowhead real estate professionals. Our expertise is based on over 40 combined years of experiences; growing up here, getting married here, raising a family here & 12 years in real estate.