Big Bear Real Estate Market Wide Summary - 2023 Year in Review 2023 was another interesting year for the Big Bear real estate market. Average sales price was down 3% and median sales price down 7%, compared to 2022. List Price vs. Sale Price and Days on Market Properties sold in 2023 went for 98% of the asking price after 89 days on market on average, compared to 101% and 57 DOM in Continue Reading
Big Bear Real Estate Market November 2023
Big Bear Real Estate Market Stats for the month of November 2023 Market Wide Summary The average sales price of single family homes in Big Bear in November was down 5% compared to the previous month, though the median sales price was up 5%. Average sales price over Jan-Nov 2023 was 3% lower and median sales price was down 6% compared to Jan-Nov 2022. List Price vs. Sale Price and Continue Reading
Big Bear Real Estate Market October 2023
Big Bear Real Estate Market Stats for the month of October 2023 Market Wide Summary The average sales price of single family homes in Big Bear in October was up 6% compared to the previous month, and the median sales price was up 1%. Average sales price over Jan-Oct 2023 was 4% lower and median sales price was down 8% compared to Jan-Oct 2022. List Price vs. Sale Price and Days on Continue Reading
Big Bear Real Estate Market September 2023
Big Bear Real Estate Market Stats for the month of September 2023 Market Wide Summary Though Big Bear real estate sales activity continues to show signs of stabilization, the market is still navigating uncharted waters. The total number of sales of single family homes was down 15% compared to the prior month. The average sales price was down 17% compared to August and the median sales Continue Reading
Big Bear Real Estate Market August 2023
Big Bear Real Estate Market Stats for the month of August 2023 Market Wide Summary The average sales price of single family homes in Big Bear in August was up 15% compared to the previous month, and the median sales price was up 6%. Average sales price over Jan-Aug 2023 was 6% lower and median sales price was down 9% compared to Jan-Aug 2022. List Price vs. Sale Price and Days on Continue Reading
Big Bear Real Estate Market July 2023
Big Bear Real Estate Market Stats for the month of July 2023 Market Wide Summary The average sales price of single family homes in Big Bear in July was up 11% compared to the previous month, and the median sales price was up 4%. Average price per sq ft remained relatively unchanged. Average sales price over Jan-Jul 2023 was 7% lower and median sales price was down 10% compared to Jan-Jul Continue Reading
Big Bear Real Estate Market June 2023
Big Bear Real Estate Market Stats for the month of June 2023 Market Wide Summary The Big Bear real estate market continues to show signs of stabilization. The average sales price of single family homes in Big Bear in June was down 3% compared to the previous month, and the median sales price was down 4%. Average sales price over Jan-June 2023 was 8% lower and median sales price was down Continue Reading
Oops! Home Prices Didn’t Crash After All
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, and the housing prices are accelerating on the downside.” Mark Zandi, Chief Economist at Moody’s Continue Reading
Big Bear Real Estate Market May 2023
Big Bear Real Estate Market Stats for the month of May 2023 Market Wide Summary The average sales price of single family homes in Big Bear in May was down 21% compared to the previous month, but the median sales price was up 7%. Average sales price over Jan-May 2023 was 6% lower and median sales price was down 11% compared to Jan-May 2022. List Price vs. Sale Price and Days on Continue Reading
Big Bear Real Estate Market April 2023
Big Bear Real Estate Market Stats for the month of April 2023 Market Wide Summary The average sales price of single family homes in Big Bear in April was up 13% compared to the previous month, though the median sales price was down 5%. Average sales price over Jan-Apr 2023 was 5% lower and median sales price was down 13% compared to Jan-Apr 2022. The number of sales decreased by 24% month Continue Reading
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