Big Bear Real Estate Monday Market Update For 3/24/2008

Originally posted at The Big Bear Skinny.

Below is the update for the Big Bear real estate market as of 3/24/2008.

The residential properties listed for sale in Big Bear are up 22 from 1081 homes for sale to 1103. There are 51 more homes on the market now as compared to 5 weeks ago when I started tracking these numbers. The number of homes in escrow is down 1 from last week to 91 while home sales year to date are now at 92 Big Bear homes sold since the beginning of the year, up 10 from last week. That makes for 23 homes sales in the past two weeks....not bad.

Vacant land listings in Big Bear are down 3 to 336 parcels now for sale. The number of pending sales is down 2 from last week for a total of 23 escrows for vacant land. There were 3 new closed sales this past week so year to date sales for vacant land are now at 15 closed sales.

There are 62 condos for sale in the Big Bear area, 2 less that last week. There were 2 new pending escrows but no new closed sales. The total pending escrows for condos stands at 3 while year to date sales for condos in Big Bear remained at 2.

The rest of the real estate market in Big Bear, including government leases, commercial and residential investments, and busniess opportunites remained relatively the same as last week.

See last week's real estate market numbers.

Be sure to check back here every Monday for your Big Bear Market Update or click here to get this emailed to you every week.

* Information updated weekly, courtesy of the Big Bear MLS. This update includes MLS data from areas including Big Bear Lake, Big Bear City, Moonridge, Fox Farm, Sugarloaf, Erwin Lake, Fawnskin & Baldwin Lake. It does not include data from areas in the Big Bear MLS that are located outside of the Big Bear area.