- Current inventory 386 / Sold 71 / 5.43 month supply
- Average sales price to list price 96%
- Average sales price to original list price 93%
- Median days on the market 84
- Average price sold $301,649
- Average price per square foot valley wide $205.8
- 26.7% of all homes sold in February were CASH transactions.
February 2016 vs. February 2015
- Inventory February 28th, 2015 was 405 vs 386 for 2016 a decrease of 4.69%
- Average sales price to list price 96% vs 97% down 1%
- Average sales price to original list price 93% vs 94% in 2015
- Median days on the market 84 vs 124 in 2015
- Average price sold $301,649 vs. $292,460 an increase of 3.14%
- Average price per square foot valley wide $205.8 vs. $189.8 an increase of 8.4%
- Our 2015 average $SP/$LP ratio is 98%. (sales price to list price differential) vs 97% for all agents valley wide. Sellers that list with Hirschler and Associates net an average of one percent more.
- Median days on the market for our listings is 51. Sellers that list with us 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.