The Real Estate Market in Big Bear is HOT..
- YTD through 6/30, units sold are 585 residential units 2017 vs. 513 in 2016 same period. This represents a 14% increase in units closed YTD.
- 352 (60%) of the 585 sold YTD were $300,000 and below.
- 170 (29%) of the 585 sold YTD were $301,000-$500,000
- 32 (5.47%) of the 585 sold were $501,000-$700,000
- 22 ( 3.76%) of the 585 sold were $701,000- $1,000,000
- 9 (1.53%) of the 585 sold were $1,000,000 and above
- Only 2 (.34%) of the homes sold over $1,000,000 were lakefront.
- 2017 sales volume YTD $184,053,873 vs. $153,126,569 2016 which represents a 20% increase year over year on closed volume.
- Inventory levels are steady at 6 months supply.