Kathy "Kat" DeLong, Realtor. Dre#01235311

Running Springs, CA 92382

Single-Family Homes

909-273-4542 | kdlakearrowheadkat@gmail.com



Running Springs, CA 92382

Sat Aug 17 2019
This week the median list price for Running Springs, CA 92382 is $275,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 121. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Running Springs, CA 92382

Sat Aug 17 2019
This week the median list price for Running Springs, CA 92382 is $275,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 121. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Running Springs market.
Median List Price $275,000
Per Square Foot $188
Days on Market 84
Price Decreased 49%
Price Increased 1%
Relisted 8%
Inventory 121
Median House Rent $1,100
Most Expensive $1,199,999
Least Expensive $59,000
Market Action Index
Slight Buyer's Advantage
29

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
$472,000 2,685 0.25 - 0.5 acre 4 3 27 1 2 102
$327,000 1,719 6,500 - 8,000 sqft 3 2 43 2 1 80
$249,500 1,252 6,500 - 8,000 sqft 3 2 51 3 2 73
$175,000 876 4,500 - 6,500 sqft 2 1 53 0 5 79