Arrowbear Lake

 

COMMENTARY

 

The political uncertainty continues to impact our local real estate market. While listings are experiencing normal inventory numbers for the 2nd quarter, the sales have leveled out in most areas. A combination of global jitters and high interest rates have many buyers and sellers in a wait and see situation although the market is fluid and seems to be changing daily, so stay tuned! Tariffs could stabilize, interest rates could drop and then we’ll be in a whole new ballgame! If this sounds familiar, you’re correct-this is exactly how we saw things in the 1st quarter of the year. We are seeing quite a bit of pent up buying and selling brewing and once interest rates start moving down, we will see a quick turn around in the activity levels.

Even though most mountain areas experienced a drop in the median home price year over year, most sellers have retained a significant amount of equity and can still sell with a nice profit. If you are considering selling this year, we can assist you in preparing your home to sell for the highest return on your dollar. We are your neighbors and your LOCAL experts with decades of mountain sales experience. We come to the table backed by 80 agents to get the job done!

Coldwell Banker Sky Ridge Realty remains #1 in listings and in sales mountain wide! Give us a call, we’re here to help!

 

                            John Lassak III                                                     Andrea Lassak

                          DRE# 02028106                                                    DRE#00827102

                             714-308-1339                                                         909-633-8106

                     JLassak3@Gmail.com                                           CBLassak@aol.com

           www.LiveOnTheMountain.com                      www.LiveOnTheMountain.com

           JohnLassak.com

 

MARKET STATUS REPORT

2ND QUARTER 2025

In an effort to provide the latest report on market activity in the Arrowbear area, I have compiled the following statistics for your review. This is a compilation of information taken from the California Regional Multiple Listing Service, is accurate as of June 30, 2025 and includes residential properties only.

 

MARKET ANALYSIS FOR LISTINGS

Active Listings                                                                                                                                    15

Price Range                                                                                                                                         $275,000-$379,000

Median Listing Price 2nd Quarter 2025                                                                                          $333,000

Median Listing Price 1st Quarter 2025                                                                                           $340,000

Median Listing Price 2nd Quarter 2024                                                                                          $324,900

Average Price Per Square Foot                                                                                                        $348

 

MARKET ANALYSIS FOR SALES

Sold Homes 2ndQuarter 2025                                                                                                         3

Sold Homes 1st Quarter 2025                                                                                                         2

Sold Homes 2nd Quarter 2024                                                                                                        8

Average Days On The Market                                                                                                          121

Price Range                                                                                                                                        $215,000-$290,000

Median Sales Price 2nd Quarter 2025                                                                                           $239,500

Median Sales Price 1st Quarter 2025                                                                                            $297,500                                              

Median Sales Price 2nd Quarter 2024                                                                                           $323,750

Average Price Per Square Foot                                                                                                        $296

Homes Currently In Escrow                                                                                                              0