September 2021 Big Bear Real Estate Stats/Inventory

With our first dusting of snow already last week, we are well into the fall season already.  Besides snow, nothing shows that more than our already plummeting inventory.  While inventory normally drops during the fall and winter, we are already down to only 134 active single family residences in the Big Bear MLS! That number should be around 500 at this time of year and usually only drops as low as 300 at the tail end of winter.  In addition, we had 141 single-family residences sold last month, so we are currently just under a 1-month supply!  Below are the sales stats for the month of September.

Area	#Sales	Avg. Sale	Avg.$/sqft	SP/LP	DOM
BBC	37	$490,932	$354.93	101.1%	60
BBL-general	29	$663,213	$429.00	101.4%	43
BBL-Lakefront	3	$1,380,000	$727.20	97.1%	61
FAWN-general	2	$615,000	$351.00	98.8%	63
FAWN-Lakefront	1	$2,040,000	$822.91	97.1%	47
FOX	10	$871,100	$397.00	99.2%	62
MOON	22	$682,955	$428.44	100.9%	55
SUGA	24	$314,179	$349.89	100.3%	41

Have a great week!