Home Sales in 2010 according to Rim Association of Realtors

The following matrix shows all single family homes reported to the Rim Association of Realtors as closed escrow for the calendar year 2010.  I have also provided the average sales price by community for each year and percentage change for comparison purposes. 

I expect that 2011 will show some signs of recovery I am predicting home sales across the mountain to hit the 800 mark with modestly higher average prices.  There is a confidence returning to the market as buyers are realizing that prices will not likely go lower and rates are for sure going up.  If you need any clarification on any of the figures, please don’t hesitate to contact me via phone at 909.560-6565 or via email at voni@VoniSells.com

Lake Arrowhead Woods  
  Number  Average  Percent
Year Of Sales  Price  Change
2004 765  $     389,500 0
2005 614  $     504,800 29.6%
2006 366  $     563,100 11.5%
2007 299  $     543,400 -3.5%
2008 242  $     488,300 -10.1%
2009 284  $     377,900 -22.6%
2010 284  $     409,400 8.8%
       
Arrowhead Villas    
  Number  Average  Percent
Year Of Sales  Price  Change
2004 83  $     169,000 0
2005 86  $     216,300 28.0%
2006 65  $     239,600 10.8%
2007 31  $     236,600 -1.3%
2008 35  $     206,200 -12.8%
2009 38  $     131,200 -36.3%
2010 37  $     119,000 -9.3%
       
Twin Peaks    
  Number  Average  Percent
Year Of Sales  Price  Change
2004 116  $      84,500 0
2005 118  $     221,500 162.1%
2006 90  $     256,100 15.6%
2007 52  $     268,500 4.8%
2008 37  $     197,600 -26.4%
2009 62  $     163,400 -17.3%
2010 48  $     131,500 -19.5%
       
Crestline      
  Number  Average  Percent
Year Of Sales  Price  Change
2004 219  $     193,300 0
2005 226  $     264,100 36.6%
2006 189  $     272,200 3.1%
2007 119  $     247,900 -9.8%
2008 141  $     191,700 -22.6%
2009 168  $     145,500 -24.1%
2010 183  $     118,400 -18.6%
       
Running Springs    
  Number  Average  Percent
Year Of Sales  Price  Change
2004 302  $     214,400 0
2005 264  $     271,000 26.4%
2006 163  $     297,200 9.7%
2007 133  $     293,700 -1.2%
2008 98  $     202,300 -31.1%
2009 107  $     165,800 -18.0%
2010 109  $     151,000 -8.9%
       
All Mountain Communities  
  Number  Average  Percent
Year Of Sales  Price  Change
2004 1779  $     296,200 0
2005 1597  $     400,600 35.2%
2006 1041  $     420,500 5.0%
2007 749  $     446,500 6.2%
2008 654  $     347,800 -22.1%
2009 762  $     270,200 -22.3%
2010 749  $     260,700 -3.5%
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About Lake Arrowhead Real Estate

Hello ~ My name is Voni and I am a Real Estate Agent with Coldwell Banker Sky Ridge Realty in Lake Arrowhead. I am a Realtor with Rim O the World Association of Realtors. Twice past president of the Board of Directors and the 2010 Realtor of the Year. I've been actively Listing and Selling Real Estate since May of 1980. It is my passion to help people find the home of their dreams or sell their home to move into a new neighborhood. I have lived in Lake Arrowhead most of my life and find it's the Best Kept Secret in So. Cal.
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