Lake Arrowhead Market Report
Current housing trends from local MLS data, recent listings, closed sales, and market balance.
Market snapshot
This month's takeaway
Lake Arrowhead is currently showing signs of a buyer market, largely due to about 10.9 months of supply.
New listing activity has increased from 109 listings in the prior 30-day period to 111 listings in the most recent 30 days.
Recent sale behaviour: about 11.1% of sales closed above list price and 74.1% closed below.
The average sale-to-original-list ratio of 0.925 suggests sellers are accepting prices below their original asking.
What this means
For buyers
Inventory is healthy and many homes are selling below list price. Take time to compare options and negotiate carefully.
For sellers
Pricing realistically and presenting the home well are key. Buyers have options and will compare carefully.
Market trends
Market segments
Each segment represents about 25% of the market, ordered by sale price.
| Tier ? | Median price ? | Sqft ? | Beds ? | Baths ? | Age ? | DOM ? |
|---|---|---|---|---|---|---|
| Top | $1,225,000 | 3,217 | — | — | — | 53 days |
| Upper | $697,500 | 1,942 | — | — | — | 58 days |
| Lower | $520,000 | 1,536 | — | — | — | 82 days |
| Bottom | $375,000 | 1,132 | — | — | — | 74 days |