Running Springs, CA Real Estate News

Well, the list dwindles to only half a dozen bank-owned properties to choose from.....and there are currently ZERO repos in our MLS for the Arrowbear and Green Valley Lake areas. Multiple offers are becoming the norm on these (usually) well-priced properties - especially at the low end.  My advice is to stay on top of the new listings (I generally update this list every Saturday) and the price reductions and be ready to hop on something that looks good to you (and to, probably, pay full price or better).  Welcome to today's real estate.....   PRICE  ADDRESS BR/BA/BLT LIST EXP LISTED BY                      RUNNING SPRINGS           $40,000 31841 Mistletoe 1/1/1934 02/13/09 05/13/09 Mtn Cabin Real Estate R $80,300 2462 Spring 3/1/1932 03/04/09 06/04/09 C21 Bill Baker   $197,900 31635 Sil...
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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.The table below shows you the weekly breakdowns 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.To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us.  If you are...
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Savvy buyers are watching the market closely for good deals.   When they spot one, they go quickly.  Be sure to keep track of price reductions and additons to the below list.  For more information about any of the properties listed above, or to schedule a time to look at some of them, please contact us at 909.336.7971 or by email at info@gregsteffens.com.    PRICE  ADDRESS BR/BA/BLT LIST EXP LISTED BY                      ARROWBEAR           $79,500 2432 Sky 2/1/1936 02/27/09 05/27/09 Prudential Lk Arrowhead                   GREEN VALLEY LAKE           $92,900 33248 Wild Cherry 2/1/1957  01/26/09 04/26/09 Prudential Lk Arrowhead                    RUNNING SPRINGS           $40,000 31841 Mistletoe 1/1/1934 02/13/09 05/13/09 Mtn Cabin Real Estate   $85,500 2462 Spring 3/1/1932 03/04/09 0...
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  RUNNING SPRINGS**     MARCH  2008 2009 New ListingsMedian List PriceList Price Range 36$197K$84.9K - $4.6M 19$219.9K$85.5K - $490K Listings SoldMedian Sale PriceSale Price Range 5$240K$110K - $265K 11$122K$70K - $330K Avg. Days On MarketAvg. List To Sale % 232.686.9 169.294.2 Price Reductions 1/5 (20%) 7/11 (63.6%) Bank-Owned Sales     8/11 (72.7%) Short Sales    0/11 (0%)    ** = "Running Springs" includes:  Running Springs, Arrowbear and Green Valley Lake * Figures based on statistics provided by the Rim O' the World Association of Realtors and is 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.The table below shows you the weekly breakdowns 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.To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us.  If you are...
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Weekly, we publish the available bank-owned listings that are entered into the Rim O' the World Multiple Listing Service.  We track the current active listings, any new listings that hit the market, any properties that reduce their list prices and any that come back on the market after having fallen out of escrow for whatever reason(s).  We have also provided the date that the property was listed and when that listing expires.   This can be very important information when/if you should make an offer on a foreclosure.... There are a number of things you should consider when pursuing the purchase of a bank-owned home.  Having sold numerous REO properties, contact us to understand this segment of the market, how to write an effective offer, and how to learn what you can expect as you move ...
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Weekly, we publish the available bank-owned listings that are entered into the Rim O' the World Multiple Listing Service.  We track the current active listings, any new listings that hit the market, any properties that reduce their list prices and any that come back on the market after having fallen out of escrow for whatever reason(s).  We have also provided the date that the property was listed and when that listing expires.   This can be very important information when/if you should make an offer on a foreclosure.... There are a number of things you should consider when pursuing the purchase of a bank-owned home.  Having sold numerous REO properties, contact us to understand this segment of the market, how to write an effective offer, and how to learn what you can expect as you move ...
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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.The table below shows you the weekly breakdowns 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.To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us.  If you are...
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By Steven Keefe
(Coldwell Banker Sky Ridge Realty)
I did some analysis for an agent this morning March 9, 2009 on the Running Springs market.  These figures are for properties priced between $125,000 and $200,000.  This data was as reported to Rim Association of Realtors.     Price Range$125,000 to $200,000 Running Springs       Active Listings   Normal Seller 12 Bank Owned 5 Known Short Sale 4 Total 21         $125,000 to $150,000 7 $150,000 to $175,000 6 $175,000 to $200,000 8         Properties Currently In Escrow Normal Seller 0 Bank Owned 2 Known Short Sale 0 Total 2         Sold Last 90 Days   Normal Seller 1 Bank Owned 5 Known Short Sale 1 Total 7         $125,000 to $150,000 4 $150,000 to $175,000 2 $175,000 to $200,000 1     The 2 Properties Currently Under Contract 31459 Firwood Listed for $128,900 last sold in July 06 for $3...
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Weekly, we publish the available bank-owned listings that are entered into the Rim O' the World Multiple Listing Service.  We track the current active listings, any new listings that hit the market, any properties that reduce their list prices and any that come back on the market after having fallen out of escrow for whatever reason(s).  We have also provided the date that the property was listed and when that listing expires.   This can be very important information when/if you should make an offer on a foreclosure.... There are a number of things you should consider when pursuing the purchase of a bank-owned home.  Having sold numerous REO properties, contact us to understand this segment of the market, how to write an effective offer, and how to learn what you can expect as you move ...
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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.The table below shows you the weekly breakdowns 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.To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us.  If you are...
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This blog post is a summary of activity for the month of February 2009 as compared to the same month of the prior year (2008).  This report is for single-family residences only and does not include condos or lots.  We are tracking information regarding new listings and properties sold, including some of the averages (days on market and the list to sale percentages) as well as how many properties had to reduce their list prices before they received an acceptable offer.  Lastly, we are looking at median list prices and median sale prices. RUNNING SPRINGS**     FEBRUARY  2008 2009 New ListingsMedian List PriceList Price Range 19$180K$69.75K - $899K 19$169.9K$40K - $889K Listings SoldMedian Sale PriceSale Price Range 10$229.5K$129K - $430K 10$142.5K$93K - $380K Avg. Days On MarketAvg. List ...
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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.The table below shows you the weekly breakdowns 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.To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us.  If you are...
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Savvy buyers are watching the market closely for good deals.   When they spot one, they go quickly.  Be sure to keep track of price reductions and additons to the above two lists.  For more information about any of the properties listed above, or to schedule a time to look at some of them, please contact us at 909.336.7971 or by email at info@gregsteffens.com. Running Springs Communities **   PRICE  ADDRESS BR/BA/BLT LIST EXP LISTED BY                      ARROWBEAR         N $100,000 32926 Upper Boulder 2/1/1968 02/24/09 05/30/09 Prudential Lk Arrowhead   $109,900 2402 Pine 2/1/1981 01/08/09 03/08/09 Team Advantage                   GREEN VALLEY LAKE           $99,900 33248 Wild Cherry 2/1/1957  01/26/09 04/26/09 Prudential Lk Arrowhead                    RUNNING SPRINGS           $40,...
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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.The table below shows you the weekly breakdowns 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.To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us.  If you are...
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Savvy buyers are watching the market closely for good deals.   When they spot one, they go quickly.  Be sure to keep track of price reductions and additons to the above two lists.  For more information about any of the properties listed above, or to schedule a time to look at some of them, please contact us at 909.336.7971 or by email at info@gregsteffens.com.   PRICE  ADDRESS BR/BA/BLT LIST EXP LISTED BY                      ARROWBEAR           $109,900 2402 Pine 2/1/1981 01/08/09 03/08/09 Team Advantage   $119,900 2310 Deep Creek 2/1.5/1996 10/10/08 02/28/09 C21 Bonnie Blue                   GREEN VALLEY LAKE         R $99,900 33248 Wild Cherry 2/1/1957  01/26/09 04/26/09 Prudential Lk Arrowhead R $113,900 33454 Wild Cherry 2/1/1969 02/13/09 05/13/09 C21 Bonnie Blue                   ...
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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.The table below shows you the weekly breakdowns 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.To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us.  If you are...
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
The following chart are the sold properties for January 2009 for the surrounding areas of Twin Peaks Sky Forest Running Springs Arrowbear Green Valley Lake The market has some hot buys out there for getting that second home or a great starter home.  For more information on these or any other properties, contact your real estate professional, Kim Kelley with Coldwell Banker Sky Ridge Realty Kim Kelley Coldwell Banker Sky Ridge Realty 909-336-7949 Direct 909-725-1248 Cell www.arrowheadeliteproperties.com   Address List Price Sold Price Bed Bath Yr Built Firm 33088 Arrowbear Dr $110,000.00 $105,000.00 2 1 1964 CBSRR Inc 2485 Spring Oak Dr $101,000.00 $101,000.00 1 1 1958 Realty World RS 31087 Allview $120,000.00 $117,000.00 2 1 1957 Mtn Top Prod 2655 Viking Lane $144,900.00 $144,900.00 3 2...
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In this post we've compiled MONTHLY STATISTICS comparing January 2008 with January of 2009 for the Running Springs areas (including Running Springs, Arrowbear and Green Valley Lake).  This report is for single-family residences only and does not include, 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. RUNNING SPRINGS**     JANUARY  2008 2009 New ListingsMedian List PriceList Price Range 19$189.7K$119K - $799.9K 14$186.95K$102.9K - $399K Listings SoldMedian Sale PriceSale Price Range 7$175K$117K - $285K 1$160K$K - $K Avg. Days On MarketAvg. List To Sale % 11394.9 0100 Price Reductions 5/7 (71.4%) 0/1 (0.0%) * Figures based on statistics provided by the ...
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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.The tables below show you the weekly breakdowns 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.To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us.  If you are...
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Running Springs, CA Real Estate Professionals