FMLS Residential · neighborhood

Lake Arrowhead

Neighborhood series. Most months are too thin for a median. 112 closings in the last 12 months. Use Waleska as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 95 active · 3 under contract · 9 pending. Total residential listings by status: 107.

Data confidence: High. 112 closings in the last 12 months. Enough closings to read a trend.

12-month closings112Enough to sketch a range
12-month median$509,127Volume-weighted, not one month
12-month $/SF$243Better than the median here
Live active959.5 months of supply
12-month DOM4147.3% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 112 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Waleska, then adjust for this subdivision’s size, age, and condition.
  • 95 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Lake Arrowhead, Waleska →

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price+42.4%$562,500 vs $395,000 FMLS-wide
$/SF+51.3%$282 vs $187 FMLS-wide
DOM+9%36 days vs 33 FMLS-wide
Sale/list+0.7 pts99.5% vs 98.8%
Buyer-leaning

9.5 months of supply on last month’s pace (95 active ÷ 10 closings). 10.2 months on the trailing-12 pace (average 9 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 40.0% of last month’s closings were below list. Days on market are down 43% from a year ago.

Homes for sale in Lake Arrowhead, Waleska →

How homes actually closed

Based on 10 closings. One sale moves these percentages by 10 points. Read the direction, not the exact share.

Above list10.0%More than 1% over list
At list50.0%Within 1% of list
Below list40.0%More than 1% under list
Price reduced20.0%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.099 pending ÷ 98 (active + under contract)
New / closed3.0030 listed in 30 days vs 10 closed
Loosening

More homes are coming on than are selling. If pendings do not pick up, sellers lose leverage.

If you own in Lake Arrowhead

High confidence. 112 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $509,127.
  • Start with Waleska, then adjust for lot, size, age, and condition.
  • 95 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Lake Arrowhead, Waleska →
  • Homes that sold in the last year took about 41 days. If you list, price to the 12-month $/SF ($243), not a single recent sale.

What this means if you are listing in Lake Arrowhead

  • Price to the 12-month median and $/SF ($509,127, $243), not last month and not the FMLS-wide number. Then check it against Waleska.
  • 9.5 months of supply on last month’s pace. Homes that sold in the last year took about 41 days. Longer than the 12-month DOM usually means the price is high.
  • 47.3% of the last 12 months’ closings were below list. 27.3% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Lake Arrowhead, Waleska →

What this means if you are making an offer

  • Supply is elevated at 9.5 months. You have room, especially on homes past 41 days.
  • 27.3% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Waleska, then this subdivision’s 12-month $/SF.
  • Last month had 10 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Lake Arrowhead, Waleska →

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k54.7%
$300–500k4844.9%
$500–750k3734.6%
$750k–1M1413.1%
$1M+32.8%

Property types

TypeListedMedian ask
Single Family Residence100$499,500
Townhouse5$558,800
Condominium2$175,000

95 active, 3 under contract, 9 pending. 30 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202610$562,500$2823699.5%40.0%20.0%
Aug 202613$597,130$3004198.6%53.8%38.5%
Jul 20269$469,900$2094298.8%55.6%33.3%
Jun 202611$470,000$26152100.0%45.5%27.3%
May 20269$537,900$27623100.0%33.3%22.2%
Apr 20267$665,000$2595398.7%71.4%57.1%
Mar 20267$390,000$21453100.0%42.9%14.3%
Feb 20262——————
Jan 20269$403,900$20259100.0%44.4%44.4%
Dec 202515$515,550$2583498.5%53.3%13.3%
Nov 202513$462,906$16843100.0%23.1%30.8%
Oct 20257$515,000$2251998.1%71.4%0.0%
Sep 20257$430,000$2136398.0%57.1%42.9%
Aug 202515$515,000$2253398.8%53.3%53.3%
Jul 202523$452,900$24635100.0%39.1%26.1%
Jun 202511$445,000$25239100.0%36.4%36.4%
May 202510$485,000$22840100.0%30.0%30.0%
Apr 202513$465,000$2042298.6%53.8%7.7%
Mar 202511$463,000$1827499.4%45.5%36.4%
Feb 20258$534,500$2147796.8%75.0%37.5%
Jan 202510$482,500$2105299.0%50.0%40.0%
Dec 202415$396,900$20330100.0%40.0%26.7%
Nov 202410$494,950$2445099.7%40.0%10.0%
Oct 20247$500,000$2165298.0%57.1%28.6%

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

Waleska city trends →

Homes for sale in Lake Arrowhead, Waleska → · ← FMLS report