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Lake Arrowhead Real Estate: Quarterly Statistics - Third Quarter 2007 vs. Third Quarter 2008

This post deals strictly with ARROWHEAD WOODS statistics as compared quarterly 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.

Q3 '07 vs Q3 '08

2007

2008

New Listings
Median List Price
List Price Range

193
$501.67K
$213.2K - $4.35M

206
$510.73K
$139.9K - $5.995M

Listings Sold
Median Sale Price
Sale Price Range

69
$501.48K
$230K - $2.3M

60
$394.17K
$95K- $1.497M

Average Days On Market
Average List To Sale Percentage

141.75
95.3%

139.15
94.9%

Though new listings were up, as was the median list price, the number of sales were down and the median sales price was WAY down (this tells me that the lower end of the market is where the deals are being done in '08). Days on market are slightly down and the list-to-sale percentage is down less than a half a percent.

Posted Saturday Oct 04

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