July 2018 Big Bear Real Estate Stats

Below are the monthly Big Bear real estate single family residence statistics for the month of July.  The inventory appears to have reached it’s peak for the year.  We were at 537 single family residences last Monday and 540 this Monday.  Since most sellers put their properties on the market at the beginning of the season, there are usually much fewer new listings in the latter half of summer.  At the same time last year, we had reached about 605 listings and then the announcement came that the sale of our local resorts to Aspen/KSL was completed and it really accelerated the normal seasonal drop in inventory, which was below 400 by October and remained historically low all winter.

Area	#Sales	Avg. Sale	Avg. $/sqft	SP/LP	DOM
BBC	31	$289,229	$223.04	98.36%	65
BBL-general	21	$400,729	$262.47	98.45%	108
BBL-Lakefront	1	$875,000	$852.00	97.23%	75
FAWN-general	0	N/A	N/A	N/A	N/A
FAWN-Lakefront	1	$500,000	$513.35	83.47%	28
FOX	3	$554,933	$264.07	98.37%	203
MOON	16	$374,338	$269.26	98.93%	66
SUGA	11	$177,345	$232.64	99.06%	58

Here’s a link to download this week’s edition of “Live it Up”.  This week’s highlights include the Kodiak 100 Ultramarathon and the 35th Annual Wooden Boat Show!

Have a great week!!