- Current Residential Inventory Available 766
- Last years inventory 10/2008 - 1078
- Inventory is down 29% from last year
- Residential Sales closed in the past 30 days - 78
- Homes sold October 2008 - 73
- Number of year to date closed residential sales - 681
- Number of year to date closed residential sales 561 for the same period in 2008 +21.3%
- Current Pending sales 154
- 39 of these are Bank owned 25%
- That means 75% are not bank owned!
- Bank Owned Homes 46 make up only 6% of the inventory available in Big Bear
- That means 94% of the homes available in Big Bear are not Bank Owned!
- 261 of the 681 sold this year were bank owned 38%
- 77 of the 561 sold last year were bank owned 13.7%
What does all of this mean?
- There are less homes to choose from currently than there were a year ago.
- More homes have sold this year than last year for the same period.
- With 154 pending sales and 681 closed sales this year, more homes will be sold in Big Bear this year than last year (669)
- Big Bear does not have a high percentage of bank owned properties available, but what is available is selling faster than other homes sold by traditional sellers.
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