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What's Selling in Big Bear?

By Steve Hirschler

Real Estate Agent with Keller Williams Big Bear

August 08, 2010 07:18 AM

	SOLD YTD	Currently Listed	Months Supply
Over $1,000,000	4	60	120
$900,000 – $1,000,000	4	13	26
$800,000 – $900,000	4	20	40
$700,000 – $800,000	7	18	16
$600,000 – $700,000	12	30	20
$500,000 – $600,000	10	47	37.6
$400,000 – $500,000	29	86	24
$300,000 – $400,000	58	131	18
$200,000 – $300,000	105	227	21
$100,000 – $200,000	174	188	8.6
Under $100,000	69	45	5.2

As expected, homes listed over $1,000,000 in Big Bear are the slowest moving inventory. With over 185 homes currently priced over $800,000 and only 12 closed sales YTD, the high end seller will need to be patient. The average days on the market for these 12 homes is 217.

116 homes have sold YTD between $300,000 and $800,000, with 312 on the market in this price range. Average days on the market for this price category is 160.

348 homes under $300,000 have closed YTD, with 460 currently available in this price range. Average days on the market for this price category is 107.

47% of the total sales YTD were traditional sellers.
40% of the total sales YTD were bank owned homes.
13% of the total sales YTD were short sales.

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