LAKE ARROWHEAD REAL ESTATE
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Johnny Whieldon


Lake Arrowhead REALTOR®
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(909)904-1509
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Johnny@LakeArrowhead-Realtor.com

Our Monthly Mountain Market Report (Jan. '08)

-Arrowhead Woods

-Surrounding Communities

-Crestline

-Running Springs


Lake Arrowhead Surrounding Communities
(This area consists of: Arrowhead Villas, Cedar Glen, Deer Lodge Park, Twin Peaks, Blue Jay, Rim Forest, Sky Forest, Crest Estates and Crest Park)

Home sales have decreased 72.7% this January compared to this time last year.  11 homes sold in the Surrounding Communities of Lake Arrowhead during January 2007 and 3 sold in January 2008.  Home prices are down 46.3% this year from last.  The median price of a home sold last year was $335,000 compared to this years $180,000.  The January 2008 median price decreased 33% compared to December’s $268,500.

Surrounding Communities – Jan 2008
Homes Sold:  3
Median List Price: $199,900
Median Sold Price: $180,000

Surrounding Communities – Jan 2007
Homes Sold: 11
Median List Price: $339,000
Median Sold Price: $335,000

Surrounding Communities – Dec 2007
Homes Sold: 4
Median List Price: $275,500
Median Sold Price: $268,500

(more...)

This information was pulled from the Rim of the World Association of Realtors MLS.  Agents Johnny & Liz Whieldon make no guarantee to the validity of this information.