August 2022 Big Bear Real Estate Stats

Below are the Big Bear Real Estate stats for the month of August.  The number of sales and average sales prices remained strong from the previous month, but we are seeing less multiple offers, so properties are no longer selling over asking price, on average.  As normally happens at this time of year, the inventory has started falling already and we are down to only 334 single-family residences in the Big Bear MLS.

Area	#Sales	Avg. Sale	Avg. $/sqft	SP/LP	DOM
BBC	25	$486,992	$347.78	97.1%	56
BBL	18	$715,132	$452.28	99.8%	71
BBL	5	$2,840,800	$702.74	95.8%	38
FAWN	1	$719,667	$507.31	97.5%	32
FAWN	0	NA	NA	NA	NA
FOX	3	$1,361,333	$447.59	91.9%	56
MOON	15	$670,887	$463.14	98.5%	59
SUGA	14	$381,214	$389.58	98.4%	63