Big Bear Real Estate Market Stats for the month of January 2024
Market Wide Summary
The average sales price of single family homes in Big Bear in January was 15% lower than what it was in December 2023, and the median sales price was down 7%. Average sale price was about 17% lower in January compared to the average sale price over all of 2023.
List Price vs. Sale Price and Days on Market
Properties sold in January went for 97% of the asking price after 85 days on market on average, compared to 98% and 99 DOM in December. The list-to-sell price ratio was 98% on average over all of 2023.
Big Bear Inventory Trends
Total inventory* was down 20% month over month, and there were 7 more new listings in January than in December. The total number of homes on the market last month was about 21% higher than it was in January of last year. As of this writing, the active inventory is at 255.
*Total listed inventory numbers as of the 15th of each month.
Closed Transactions
There were 49 sales in January, which was 17% less than the previous month, and virtually the same as in January 2023. 
*Data derived from Big Bear Association of REALTORS®, Inc. (BBV) MLS. Information herein deemed reliable but not guaranteed.
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