About Lake Arrowhead's Arrowhead Woods

Lake Arrowhead, CA Market Facts For 2008

Courtesy of www.LiveLakeArrowhead.com and the local MLS

• Total # of Lake Arrowhead Homes Sold in 2008 261
• Total # of Lake Arrowhead Lakefronts Sold 16
• Total# of Lake Arrowhead Docks Sold 30

319 Active Homes for Sale in Lake Arrowhead, CA as of 1/7/2008.

Happy New Year!

Nate Diones

I WILL REPEAT MYSELF DURING WINTER MONTHS--for Safety reasons.

It's winter (well, in a few days it will be) and the weather outside is frightful. Mother Nature could care less about dates, as you can see by the following pic's. SO, IF you're thinking of coming to the San Bernardino Mountains now, or ANYTIME during next winter months, ALWAYS CHECK our local weather.

Also, make sure you look into the following links to be prepared:

WINTER DRIVING TIPS (provided by California Highway Patrol)

WEB CAM AT LAKE ARROWHEAD VILLAGE (up to the minute view at The Village)

HIGHWAY CONDITIONS (insert Hwy number (18 for Lake Arrowhead)

12 15 08

12 15 08

12 16 08

12 16 08

To view ALL Active Listings in Lake Arrowhead, go to LAKE ARROWHEAD KAT

CALL 909-273-4542 OR see my website @ LAKE ARROWHEAD KAT for ALL your Real Estate needs.

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.

Below is a 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.

ARROWHEAD WOODS

LAKEFRONT HOMES

There are separate posts dealing with the markets of Crestline and Running Springs - be sure to check them out! For the most recent updates and to see all past posts for comparison, visit our website at www.GregSteffens.com. Of course, if you have questions, please contact us via phone (909.336.7971) or by email (info@gregsteffens.com) anytime.

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

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.

As you can see, there were a dozen more new listings in '08 than in '07, though the median list price went down just over $60K. House sales were also 9 up over the prior year, though the median sale price went down $100K (this, by the way, does not mean that property values have gone down $100K, just that people are buying houses in a lower price range). Average days on market decreased by almost 2 months and the average list-to-sale percentage went up a little - 2/10 of a percent. The number of properties that did a price reduction before they received an acceptable offer decreased dramatically - over 25% less.

To view other statistics, whether weekly, monthly, quarterly or annually, please visit our website at www.GregSteffens.com. We also post statistics for the surrounding areas of Lake Arrowhead, Lake Arrowhead lakefront properties, Crestline and Running Springs.

* All figures taken from the Rim O' the World Multiple Listing Service and are deemed reliable, but not guaranteed.

Below are statistics for the week prior (10/26/08-11/01/08) for Arrowhead Woods and the areas surrounding Lake Arrowhead. This post does NOT include recent information for the the Lakefront properties of Lake Arrowhead and are contained in a separate post.

ARROWHEAD WOODS

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

For the most current statistics and to review prior posts for weekly, monthly, quarterly and annually, visit our website at www.GregSteffens.com.

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