Big Bear Real Estate Market Stats for the month of January 2022
Market Wide Summary
The average sales price of single family homes in Big Bear in January was 10% higher than what it was in December 2021, though the median sales price stayed about the same. Average sale price was about 24% higher in January compared to the average sale price over all of 2021.
List Price vs. Sale Price and Days on Market
Properties sold in January went for 102% of the asking price after 61 days on market on average, compared to 102% and 73 DOM in December. The list-to-sell price ratio was 103% on average over all of 2021.
Big Bear Inventory Trends
Total inventory* was down 3% month over month, though there were 50 more new listings in January than in December. The total number of homes on the market last month was about 13% lower than it was in January of last year. As of this writing, the active inventory is at 82. *Total listed inventory numbers as of the 15th of each month.
Closed Transactions
There were 87 sales in January, which was 13% less than the previous month, and 31% less than in January 2021. *Data derived from Big Bear Association of REALTORS®, Inc. (BBV) MLS. Information herein deemed reliable but not guaranteed.
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