Running Springs Real Estate

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Running Springs Real Estate & Homes for Sale in California

Located 6,000 feet above sea level in the heart of the San Bernardino Mountains, Running Springs is a small, tight-knit community of some 4,200 full-time residents. Centrally located between the Snow Valley Ski Resort and Lake Arrowhead on Highway 18 -- "Rim of the World Highway" -- the Running Springs area offers activities year round including skiing, snow boarding, cross country skiing, hiking, fishing, horseback riding, concerts, shopping, restaurants and other activities. Housing in the community is a blend of small cabins and cottages built in the 1940s and 50s and newer homes constructed over the past 20 years. The older cabins start at around $60,000 and range up to $200,000.. Newer single-family homes start at around $150,000 and run up to $500,000 or more for estate homes or properties with acreage. Lots and land for custom homes are also available.

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Price Range of Running Springs Houses

Lake Arrowhead offers a wide variety of real estate options, including single-family detached homes, condominiums and townhouses. Many properties offer spectacular lake, coastline, mountain, hilltop, valley, canyon or panoramic views. Prices for single-family homes start in the mid-$100,000s. Some brilliant large estate properties in breathtaking locations and offering lake frontage are priced at $1 million and more. Though the majority of housing options in the area are single-family detached homes, there are some condominiums and townhouses available at prices starting in the mid-$100,000s and ranging up to the mid-$400,000s or more. Some of the condos are in gated communities that feature fantastic resort-style amenities. Land and lots are amply available for custom building.

Running Springs Real Estate Stats and Trends for the week of March 26th, 2018: homes priced around $271,170 compared to $381,528 the previous week, showing a decrease of less than -41%.  For Friday, March 30th, the current national mortgage rate for a 30 year fixed mortgage is 4.25%; the 15 year fixed rate is at 3.66%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.40%, while the 15 year jumbo rate currently is at 4.12%.

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