- Current inventory 380 / Sold 62 / 6.12 month supply
- Average sales price to list price 97%
- Average sales price to original list price 94%
- Median days on the market 90
- Average price sold $310,162
- Average price per square foot valley wide $200.3
Big Bear Area Sold January 2016
January 2016 vs. January 2015
- Inventory January 31, 2015 was 429 vs 380 for 2016 a decrease of 11.4%
- Average sales price to list price 97% remains unchanged
- Average sales price to original list price 94% vs 92% in 2015
- Median days on the market 90 vs 101 in 2015
- Average price sold $310,162 vs. $300,203 an increase of 3.3%
- Average price per square foot valley wide $200.3 vs. $182.4 an increase of 9.8%
Big Bear Area Sold January 2015
- My 2015 average $SP/$LP ratio is 98%. (sales price to list price differential) vs 97% for all agents valley wide. Sellers that list with me net an average of one percent more.
- Median days on the market for my listings is 51. Sellers that list with me sell their home in 51 days vs 90 days for all agents in Big Bear. (43 days faster)
One thing still holds true…There is no shortage of buyers for good deals, just a shortage of sellers that are willing to price their properties based upon market conditions. Big Bear sellers will net the best bottom line by pricing their property based upon accurate closed comps.