Real Estate At Lake Arrowhead
Real Estate Statistics for Lake Arrowhead
| 2006 Total Sales | : 68 |
| 2006 Total Expireds | : 72 |
| 2006 Average Sales Price | : $235,878 |
| 2006 Average Expired Price | : $294,119 (Shows the importance of pricing your home right!) |
| 2006 Average Days on Market for a successful sale | : 91 |
| 2006 Lowest sale price | : $83,500 - Days on market: 2 |
| 2006 Highest sale price | : $615,000 - Days on market: 392 |
| 2005 Total Sales | : 75 |
| 2005 Average Sales Price | : $222,522 |
| 2005 Average Days on Market for a successful sale | : 86 |
| 2005 Lowest sale price | : $85,000 - Days on market: 2 |
| 2005 Highest sale price | : $616,770 - Days on market: 458 |
The above statistics are for residential homes only, and does not include lots, condos, townhomes, multi family, raw land or private sales.
As of the end of last year, there were 645 single family housing units (not including townhomes and condos). This means that 10.5% of the homes at Lake Arrowhead changed hands last year, and 11.6% the year before. This is very close to the typical 10% for any established subdivision. Based on the statistics, homes on average took 5 days longer to sell last year. But when they sold, the owners got an average of $13,356 (or 6.00%) more for their home last year compared to 2005. I believe that 2007 will see an even bigger increase in the average sales price.
The 9 homes that sold in 2007 (as of March 17, 2007) had an average sales price of $299,366. This is not enough sales to be a meaningful statistic yet but the trend is certainly encouraging. Or for buyers - hurry up before it is too late!
Click here to search for homes currently for sale in Lake Arrowhead
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 | Dixie Matthews Phone: 770.858.6565 Email: dkkinc@aol.com |  |