Kathy "Kat" DeLong, Realtor. Dre#01235311

Running Springs, CA 92382

Single-Family Homes

909-273-4542 | kdlakearrowheadkat@gmail.com



Running Springs, CA 92382

Thu Sep 20 2018
This week the median list price for Running Springs, CA 92382 is $260,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 91. Click here to stay informed with the Running Springs market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Running Springs, CA 92382

Thu Sep 20 2018
This week the median list price for Running Springs, CA 92382 is $260,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 91. Click here to stay informed with the Running Springs market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Running Springs market.
Median List Price $260,000
Per Square Foot $188
Days on Market 80
Price Decreased 41%
Price Increased 1%
Relisted 8%
Inventory 91
Median House Rent $1,350
Most Expensive $1,499,000
Least Expensive $129,000
Market Action Index
Slight Seller's Advantage
33

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$557,450 3,063 0.25 - 0.5 acre 4 3 28 1 2 105
$299,900 1,760 6,500 - 8,000 sqft 3 2 49 0 1 82
$232,000 1,190 6,500 - 8,000 sqft 3 2 44 1 0 70
$179,900 864 4,500 - 6,500 sqft 2 1 51 1 1 65