Lake Arrowhead Has Strong Start For 2 Months. Sales Up 10%, Prices Up 8%
March 2, 2020
Sales rose 10% with prices gaining 8%, despite the lowest inventory in 40 years. We have 176 homes for sale in Arrowhead Woods, about the same as last year. Since the ‘70s we have had very few months with inventories below 200 home listed. Our community is 75% vacation homes plus see-saw winter weather so we are not likely to move this resort at the same pace as the nation. The National Association of Realtors said “due to the good economic backdrop and exceptionally low mortgage rates, national sales are now a healthy 18% higher than a year ago”.
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