Below are the stats for last month’s single-family residence sales. As of this morning, the inventory sits at only 195 sfr’s in the Big Bear MLS. A couple people have asked about the few properties that don’t get listed in the Big Bear MLS and you can see them, also, on our website, since we are the only brokerage that I am aware of that belongs to the Big Bear MLS, CRMLS, and San Diego MLS. If you ever want to set up a custom search there, you can access it via this link: Big Bear Real Estate. The number of sales remained very high last month, but we finally saw a couple of areas that did not sell over 100% of asking price. Whether this is a new trend or just overly-aggressive sellers who had priced too high, but wanted to sell before our un-official end of Summer (Labor Day weekend), remains to be seen.
Area | #Sales | Avg. Sale Price | Avg. $/sqft | SP/LP | DOM |
BBC | 53 | $430,067 | $363.01 | 102.7% | 48 |
BBL-general | 30 | $721,034 | $429.77 | 99.4% | 53 |
BBL-Lakefront | 1 | $4,750,000 | $519.69 | 86.4% | 66 |
FAWN-general | 3 | $538,333 | $302.21 | 99.2% | 39 |
FAWN-Lakefront | 2 | $2,025,000 | $564.63 | 91.4% | 56 |
FOX | 6 | $910,000 | $424.59 | 101.3% | 54 |
MOON | 32 | $555,998 | $427.06 | 100.9% | 48 |
SUGA | 23 | $311,004 | $345.87 | 99.2% | 55 |
Have a great week!