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Lake Arrowhead Real Estate: Bank-Owned (REO / Foreclosure) Properties For Sale (as of 10/04/08)

There were a bevy of price reductions this past week, 12 to be exact, with the majority of them in the Crestline area. Four properties went into escrow and only 4 new listings came onto the market to take their places. Total inventory, peak-to-peak, for bank-owned properties continues to hover right around 60 units (59 to be exact). With total inventory of single family dwellings in the multiple listing service (not including out-of-area listings) at 995, that means that repos represent 5.9% of the total homes available....just to keep things in perspective....

PRICE

ADDRESS

BR/BA/BLT

LIST

EXP

ARROWBEAR

R

$39,900

32888 Deer

1/1/1926

09/18/08

11/24/08

$80,000

2315 Eagle

2/1.5/1977

08/01/08

09/15/08

$99,900

2344 Lookout

2/1/1977

09/03/08

11/05/08

$149,000

33043 Donner

2/1.5/1964

09/20/08

12/15/08

ARROWHEAD VILLAS

R

$74,900

772 Arrowhead Villas

2/1/1940

07/28/08

11/28/08

$195,300

753 E. Victoria

3/2/1976

08/21/08

11/19/08

$309,000

810 Oakmont

4/3.5/1992

08/05/08

11/03/08

ARROWHEAD WOODS

$214,900

27044 Tunnel

4/2.5/1967

05/06/08

10/02/08

$224,900

580 Karenken Pines

3/2/1980

04/10/08

09/15/08

$229,900

1234 Klondike

3/1.5/1971

09/15/08

12/14/08

$294,900

27809 Alpen

4/2/1968

04/24/08

10/24/08

$350,000

202 Maple

2/1.75/1938

08/28/08

11/20/08

$380,000

197 C Lane

3/2/1957

07/27/07

09/19/08

$429,900

472 Riviera

3/2.5/1978

05/30/08

09/29/08

$900,000

27312 Little Bear

4/4.5/2008

07/25/08

01/26/08

CEDAR GLEN

$99,999

29156 Lakeview

3/1.5/1968

09/25/08

12/26/08

$134,900

29199 Lakebrook

2/1/1972

08/13/08

10/17/08

$149,900

29016 Hook Creek

3/2/1927

09/11/08

12/05/08

CREST ESTATES

N

$142,100

1041 Burnt Mill

3/2/1957

06/20/08

11/30/08

CRESTLINE

N

$59,900

680 Cedar

1/1/1930

04/03/08

12/26/08

R

$79,705

25207 Forest Lake

2/1.5/1941

03/24/08

10/04/08

R

$79,900

528 Acacia

1/1/1935

06/16/08

10/23/08

$79,900

23683 Manzanita

1/1/1950

06/20/08

09/18/08

R

$99,900

21906 Crest Forest

2/2/1950

08/25/08

11/23/08

R

$115,900

24685 Bernard

3/2/1984

08/19/08

11/30/08

R

$125,899

23058 Oak

3/2/1938

04/23/08

10/19/08

$134,900

22063 Cedar Pines

3/2/1930

04/04/08

10/28/08

R

$147,900

22774 Fir

3/2/1948

08/05/08

11/15/08

R

$161,900

1038 Lausanne

3/2/1996

08/25/08

12/20/08

$165,000

24379 Outer Lake Gregory

2/1/1984

09/23/08

12/09/08

$169,900

932 Arbula

3/1.5/1981

07/17/08

10/17/08

$170,500

24985 Sunset

2/1/1984

02/09/08

11/20/08

$176,800

1186 Jupiter

3/3/1944

09/05/08

12/05/08

$197,900

983 Playground

4/3/1985

08/25/08

11/23/08

$209,900

23959 Lakeview

4/1.5/1977

09/25/08

03/08/09

$271,147

1047 Jungfrau

4/1.75/1984

05/30/08

10/19/08

DEER LODGE PARK

R

$64,900

1330 Edgecliff

2/1/1951

05/14/08

09/12/08

$178,900

1620 Edgecliff

3/2.5/1988

08/20/08

11/17/08

$234,900

1548 Krause

3/2/1962

07/15/08

10/13/08

$299,000

1684 Grass Valley

3/2/1995

07/15/08

07/14/09

GREEN VALLEY LAKE

N

$149,900

33396 Bluebird

2/1.75/1960

10/01/08

01/02/09

$179,900

33544 Holcomb Creek

3/1/1960

03/18/08

09/19/08

RIM FOREST

$209,900

23959 Lakeview

4/1.5/1977

09/09/08

03/08/09

RUNNING SPRINGS

$89,000

2524 Secret

2/1/1961

09/25/08

03/25/09

N

$159,900

30874 Live Oak

2/1/1971

09/29/08

01/20/08

$164,900

2470 Secret

3/1.75/1969

05/16/08

11/16/08

$169,900

31466 Inspiration

2/1/1969

03/28/08

09/24/08

$175,987

30966 Allview

3/2/1959

06/16/08

09/22/08

$180,900

30821 Live Oak

2/2/1961

09/03/08

10/31/08

$215,000

2391 Spring Oak

2/1.5/1961

09/18/08

12/18/08

$245,000

2696 Thule

3/2/1979

12/04/07

09/30/08

$254,900

31102 Glen Oak

3/2.5/1992

08/29/08

11/27/08

R

$259,900

2666 Viking Lane

3/2/1967

07/30/08

10/29/08

TWIN PEAKS

R

$79,500

26194 Alpine

2/1/1940

07/14/08

12/30/08

$94,900

26950 Hwy 189

2/1.5/1925

09/15/08

12/15/08

$104,900

26358 Alpine

3/1.5/1933

07/14/08

10/15/08

$136,900

850 Glenview

2/2/1961

08/12/08

11/05/08

$391,000

26375 Alpine

4/3/2000

07/30/08

11/30/08

$421,900

26045 Ranger

3/2.5/1991

09/04/08

12/03/08

N = New Listing R = Price Reduction
AB = Arrowbear AV = Arrowhead Villas
AW = Arrowhead Woods BJ = Blue Jay
CG = Cedar Glen CE = Crest Estates
CR = Crestline CP = Crest Park
DLP = Deer Lodge Park GVL = Green Valley Lake
RF = Rim Forest RS = Running Springs
SKY = Skyforest TP = Twin Peaks

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.

Posted Saturday Oct 04

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