Kathy "Kat" DeLong, Realtor. Dre#01235311

Running Springs, CA 92382

Single-Family Homes

909-273-4542 | kdlakearrowheadkat@gmail.com



Running Springs, CA 92382

Thu Feb 21 2019
This week the median list price for Running Springs, CA 92382 is $259,900 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 59. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Running Springs, CA 92382

Thu Feb 21 2019
This week the median list price for Running Springs, CA 92382 is $259,900 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 59. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Running Springs market.
Median List Price $259,900
Per Square Foot $187
Days on Market 145
Price Decreased 39%
Price Increased 2%
Relisted 10%
Inventory 59
Median House Rent $1,900
Most Expensive $1,059,000
Least Expensive $115,000
Market Action Index
Slight Seller's Advantage
35

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$527,000 2,757 0.25 - 0.5 acre 4 2 30 1 1 164
$309,900 1,680 6,500 - 8,000 sqft 3 2 39 3 0 116
$230,000 1,296 4,500 - 6,500 sqft 2 2 45 1 3 185
$169,999 780 0 - 4,500 sqft 2 1 51 1 0 117