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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.
LAKEFRONT HOMES
|
New Listings |
1 |
|
Median Price |
$1,575,000 |
|
Price Range |
$ - $ |
|
|
|
|
Active Listings |
39 |
|
Median Price |
$2,575,000 |
|
Price Range |
$879,000 - $9,950,000 |
|
|
|
|
Pending Listings |
2 |
|
Median Price |
$2,172,500 |
|
Price Range |
$1,145,000 - $3,200,000 |
|
|
|
|
Sold Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
Avg. Days on Market |
|
|
Avg. List To Sale % |
% |
There are separate posts dealing with the markets of Lake Arrowhead (including the surrounding communities), Running Springs and Crestline - 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.
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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.
LAKEFRONT HOMES
|
New Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
|
|
|
Active Listings |
39 |
|
Median Price |
$2,575,000 |
|
Price Range |
$879,000 - $9,950,000 |
|
|
|
|
Pending Listings |
1 |
|
Median Price |
$3,200,000 |
|
Price Range |
$ - $ |
|
|
|
|
Sold Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
Avg. Days on Market |
|
|
Avg. List To Sale % |
% |
There are separate posts dealing with the markets of Lake Arrowhead (including the surrounding communities), Running Springs and Crestline - 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.
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Below are statistics for the week prior (10/26/08-11/01/08) for Lake Arrowhead lakefront properties. This post does NOT include recent information for Arrowhead Woods properties or the communities surrounding Lake Arrowhead - these are contained in a separate post.
LAKEFRONT HOMES
|
New Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
|
|
|
Active Listings |
40 |
|
Median Price |
$2,612,500 |
|
Price Range |
$879,000 - $9,950,000 |
|
|
|
|
Pending Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
|
|
|
Sold Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
Avg. Days on Market |
|
|
Avg. List To Sale % |
% |
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.
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Not much to report in the lakefront sector of the market for this past week. Total inventory is up to 41 units, though there are currently no homes in escrow and no new listings....check back next week!
|
New Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
|
|
|
Active Listings |
41 |
|
Median Price |
$2,575,000 |
|
Price Range |
$879,000 - $9,950,000 |
|
|
|
|
Pending Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
|
|
|
Sold Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
Avg. Days on Market |
|
|
Avg. List To Sale % |
% |
For the most current recent statistics and for other market reports (and a ton of other local information), visit our website at www.GregSteffens.com.
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This week's "Weekly Market Update" is a tad different...in the past I have been posting real estate statistics for ALL areas of the mountain (Lake Arrowhead, Crestline and Running Springs) under the heading of "Lake Arrowhead Real Estate." Well, looking at it, that doesn't make sense, does it?
So, from now on, I'll be posting this is pieces under their respective area headings: Lake Arrowhead (Arrowhead Woods) Lakefront properties in Lake Arrowhead (because lakefronts are a totally different animal), Crestline and Running Springs (including Running Springs, Arrowbear and Green Valley Lake). You won't find my brief commentary of the past week's activity here, but it will still be shown on our website posting (www.GregSteffens.com).
The only segment that doesn't translate is the "Surrounding Communities" statistics which has included Arrowhead Villas, Cedar Glen, Twin Peaks, Deer Lodge Park, Crest Estates, Crest Park, Rim Forest, and Skyforest. I'm still contemplating how I'll address this, but for now you'll have to visit the web page ("Weekly Market Update" button) at www.GregSteffens.com to view these statistics....
LAKEFRONT HOMES
|
New Listings |
2 |
|
Median Price |
$2,468,500 |
|
Price Range |
$1,637,000 - $3,300,000 |
|
|
|
|
Active Listings |
42 |
|
Median Price |
$2,487,500 |
|
Price Range |
$879,000 - $9,950,000 |
|
|
|
|
Pending Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
|
|
|
Sold Listings |
0 |
|
Median Price |
$ |
|
Price Range |
$ - $ |
|
Avg. Days on Market |
|
|
Avg. List To Sale % |
% |
For the most current posting of statistics, or to look back at corresponding periods to compare, visit the "Weekly Market Update" and "Market Statistics" sections of our website at www.GregSteffens.com. Of course, you're always welcome to email us (info@GregSteffens.com) or call us (909.336.7971) with any questions you may have....or just to chat.
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