Big Bear Real Estate Market February 2021

Big Bear Real Estate Market Stats for the month of February 2021

Market Wide Summary

The average sales price of single family homes in Big Bear in February increased by 9% compared to the previous month, and the median sales price was up 5%. Average sales price over Jan-Feb was 17% higher and median sales price was up 36% compared to the first 2 months of 2020.

List Price vs. Sale Price and Days on Market

Properties sold in February went for 104% of the asking price after 63 days on market on average, compared to 104% and 54 DOM in January. The list-to-sell price ratio was 97% over Jan-Feb 2020.

Big Bear Inventory Trends

Total inventory* was down 4% month over month, though there were 11 more new listings in February than in January. The total number of homes on the market last month was about 79% lower than it was in February of last year. As of this writing, the active inventory is at 73. *Total listed inventory numbers as of the 15th of each month.

Closed Transactions

There were 99 sales in February, which was 22% less than in January, though 25% more sales than in February of last year. The total number of sales Jan-Feb was 35% higher compared to sales Jan-Feb 2019. *Data derived from Big Bear Association of REALTORS®, Inc. (BBV) MLS. Information herein deemed reliable but not guaranteed.