Kathy "Kat" DeLong, Realtor. Dre#01235311

Running Springs, CA 92382

Single-Family Homes

909-273-4542 | kdlakearrowheadkat@gmail.com



Running Springs, CA 92382

Fri Aug 23 2019
This week the median list price for Running Springs, CA 92382 is $270,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 113. 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

Fri Aug 23 2019
This week the median list price for Running Springs, CA 92382 is $270,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 113. 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 $270,000
Per Square Foot $190
Days on Market 88
Price Decreased 50%
Price Increased 0%
Relisted 10%
Inventory 113
Median House Rent
Most Expensive $1,199,999
Least Expensive $59,000
Market Action Index
Slight Seller's Advantage
30

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
$475,000 2,806 0.25 - 0.5 acre 4 3 25 1 0 112
$327,000 1,719 6,500 - 8,000 sqft 3 2 40 0 6 74
$243,250 1,195 6,500 - 8,000 sqft 3 2 51 2 6 83
$174,000 880 0 - 4,500 sqft 2 1 51 5 4 84