- Current Residential Inventory – 820
- Bank Owned – 56 / 7%
- Short Sales – 68 / 8%
- Traditional Resale – 694 / 85%
- Lakefront – 35 / 4%
- Residential Units Sold YTD – 348
- Bank Owned Sold YTD – 104 / 30%
- Short Sales Sold YTD – 54 / 15%
- Traditional Resale Sold YTD- 190 / 55%
- Lakefront Sold YTD – 7 / 2%
As you can see, with only 7% of the active listings the foreclosure sales are driving our market with 30% of the sales. Short sales are increasing and now account for 15% of the closed sales. Traditional sellers are still the largest category with 55% of the closed deals, but that is with 85% of the listings….
Steve Hirschler
Market Specialist, Inventory Expert,
Big Bear Real Estate Agent
Coldwell Banker
The Tim Wood Group
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
DRE#01703081
stevehirschler@gmail.com
909 866-3481 EXT. 217
CELL 909 725-5889
Fax 909 866-3531
