Lake Arrowhead Real Estate Trends

Click on the year you are interested in for real estate trends from that period.

2007 2006 2005

Arrowhead Woods

JANUARY 2008
Home sales are down 19% this January compared to this time last year. 21 homes sold in the Arrowhead Woods during January 2007 and 17 sold in January 2008. Home prices have decreased 15.2% this January from last January. The median price of a home sold last year was $460,000 compared to this years $390,000. The January 2008 Median price has decreased 25.6% compared to December’s $524,125.

Questions on local market trends? Contact Realtor Johnny Whieldon

Arrowhead Woods – January 2008
Homes Sold: 17
Median List Price: $418,900
Median Sold Price: $390,000

Lake Arrowhead Woods – January 2007
Homes Sold: 21
Median List Price: $459,900
Median Sold Price: $460,000

Arrowhead Woods – December 2007
Homes Sold: 19
Median List Price: $549,000
Median Sold Price: $524,125


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 - January 2008
Homes Sold: 3
Median List Price: $199,900
Median Sold Price: $180,000

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

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

Arrowhead Woods	Nov '07	Dec '07	Jan '08	Jan '07
# Homes Sold	21	19	17	21
Median Sale $$	$410,620	$524,125	$390,000	$460,000
Median List $$	$435,000	$549,000	$418,900	$459,900
Avg. # Days on Market	130	150	149	148
# Homes Listed	59	39	44	53

Nov '07 - Jan '08 Price Ranges ($)	# of Homes Listed	# of Homes Sold	Average Days On Market
100-199K	0	0	0
200-299K	6	7	146
300-399K	24	16	123
400-499K	23	8	174
500-599K	15	9	95
600-699K	22	4	162

Nov '07 - Jan '08 Price Ranges ($)	# of Homes Listed	# of Homes Sold	Average Days On Market
700-799K	13	4	60
800-899K	8	1	77
900-999K	4	0	0
1.0M-1.9M	14	4	263
2.0M-2.9M	4	1	125
3.0M and up	2	0	0

This information was pulled from the Rim of the World Association of Realtors MLS. Agent makes no guarantee to the validity of this information.

Median Price of Homes in California
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