With our new condo listing (see prior post), I've been doing some number-crunching for recent sales of condos in Arrowhead Woods and thought I would pass my findings on to you.

Condos in Lake Arrowhead are a great option for those who don't wish to spend the time, energy and expense to maintain a property that they use only a small portion of any given year.  Since Lake Arrowhead is primarily made up of second, vacation and investment property owners, many view condos as a way to enjoy the mountains without the maintenance headaches associated with single family homes.

There are a number of codo complexes around Lake Arrowhead.  There's a large array of styles, floorplans, views, etc.  Some have stairs, some are single-level - some have garages, some don't.  One trip up to look at the various offerings will show you what the differences are between them. 

Currently, there are 19 condo units listed in Arrowhead Woods, with prices ranging from $233,950 to $750,000.  The median price for these active listings is $332,900.  Already this year, 6 units have sold (from $275,000 to $740,000) at a median price of $310,500.  They averaged 100.7 days on market and sold for an average of 93.5% of their list prices.

2007 showed 24 condos sold (from $205,000 to $895,000) in Arrowhead Woods with a median sales price of $310,000.  These units were on the market an average of 146.9 days and sold, on average, for 94.2% of their list prices.

For more information about condos and the particulars about any (or all) of the current listings, please contact us.  We are happy to send, fax or email listing information to you.

Plan a day to come up to Lake Arrowhead and look around.  Whether you're interested in condos, homes or lots, the weather is beautiful and the lake is brimming.  Call us today to schedule an appointment at 909.336.7971 or email us at info@gregsteffens.com