Big Bear August 2011 Real Estate Sales Stats

Below are the monthly sales stats for August.   As you can see, the sales price is even closer to asking price than last month, with Fox Farm even being above asking price (as happens often with bank-owned properties).   This seems to be due to a combination of more buyer competition and more realistic asking prices by the sellers.   Being the middle of Sept. already, we have pretty much reached the deadline to find a new property and close escrow in time to have the property ready for the beginning of the winter rental season (Thanksgiving weekend).   So, for more information on vacation rental programs or if you are ready to have renters help pay your mortgage this winter, give us a call ASAP.

Area #Sales Avg. Sale Avg. $/sqft SP/LP DOM
BBC 29 $131,182 $109.42 97% 109
BBL-general 12 $246,595 $156.15 96% 114
BBL-lakeview 5 $469,370 $204.55 98% 48
FOX 2 $355,750 $140.97 102% 246
MOON 19 $240,187 $179.70 95% 66
SUGA 13 $110,107 $100.78 93% 106
FAWN 3 $208,333 $175.46 97% 171
Posted on September 16, 2011 at 11:33 am
Joe Kovich | Category: Big Bear Real Estate, For Buyers, For Sellers, General Information | Tagged

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