About Lake Arrowhead's Arrowhead Woods

Lake Arrowhead is an awesome place to have fun. There are numerous activities for all ages and interests. The lake is an obvious favorite. Fishing for trout, bass, crappie, blue gill, cat fish, and carp is always fun whether you use flies, jigs, lures, or live bait. If its adrenaline that makes your clock tick then you will have a great time water skiing, wake boarding, sailing, kayaking, swimming, and speed boating. If your more of the kick back and relax type, then Lake Arrowhead is a great place for you too. There is nothing like an evening sunset while cruising the beautiful shore and sipping on a cool drink. You can always be sure to catch a nice tan while laying out at one of the many beach clubs that the Arrowhead Lake Association has to offer. Another favorite pass time for mountaineers is the great off road trails.

It doesn’t matter if you are on four wheels or two. You can have a great adventure with tons of forestry to explore. Some of the off road activities include mountain bike riding, dirt bike riding, 4x4 off roading, horseback riding, and hiking. Who knows, you might catch a glimpse of our beautiful wild life such as bears, coyotes, mountain lions, birds, snakes, lizards, and squirrels. If it’s more social activities you’re after, then we have fun for you as well. The Lake Arrowhead Village has been more hopping in the last few years than ever. With many restaurants & bars, and plenty of shopping, the fun never ends. The village has go-carts, water ski lessons, and the most fun, a FREE summer concert series. Not to mention that the village sits right on the lake for a great view from where ever you choose to go.

Lake Arrowhead is a great place for a good time.

Enjoy,

www.LiveLakeArrowhead.com

With our new condo listing (see prior post), I've been doing some number-crunching for recent sales of condos in Arrowhead Woods and thought I would pass my findings on to you.

Condos in Lake Arrowhead are a great option for those who don't wish to spend the time, energy and expense to maintain a property that they use only a small portion of any given year. Since Lake Arrowhead is primarily made up of second, vacation and investment property owners, many view condos as a way to enjoy the mountains without the maintenance headaches associated with single family homes.

There are a number of codo complexes around Lake Arrowhead. There's a large array of styles, floorplans, views, etc. Some have stairs, some are single-level - some have garages, some don't. One trip up to look at the various offerings will show you what the differences are between them.

Currently, there are 19 condo units listed in Arrowhead Woods, with prices ranging from $233,950 to $750,000. The median price for these active listings is $332,900. Already this year, 6 units have sold (from $275,000 to $740,000) at a median price of $310,500. They averaged 100.7 days on market and sold for an average of 93.5% of their list prices.

2007 showed 24 condos sold (from $205,000 to $895,000) in Arrowhead Woods with a median sales price of $310,000. These units were on the market an average of 146.9 days and sold, on average, for 94.2% of their list prices.

For more information about condos and the particulars about any (or all) of the current listings, please contact us. We are happy to send, fax or email listing information to you.

Plan a day to come up to Lake Arrowhead and look around. Whether you're interested in condos, homes or lots, the weather is beautiful and the lake is brimming. Call us today to schedule an appointment at 909.336.7971 or email us at info@gregsteffens.com

FEBRUARY 2007 vs. FEBRUARY 2008

This post deals strictly with ARROWHEAD WOODS statistics as compared monthly to the prior year's activity. This report is for single-family residences only and does not include lakefront homes, condos or lots. We are tracking information regarding new listings and properties sold. We are also looking at some of the averages - days on market and the list to sale percentages. Lastly, we are seeing how many listings had to reduce their original list prices before they received an acceptable offer.

February 2006 vs 2007, for comparison:

For more statistics and information about the Lake Arrowhead area, please visit our website at www.GregSteffens.com or call us at 909.336.7971.