Current active inventory is 405 residential units / 5.95 months supply at current sales ratios. 91 pending status and 73 backup status for a total of 164 pending units. 68 closed sales in February 25% of all residential sales were CASH. Average price per square foot...
Single family residential sales finished out in 2014 at 866 total units. This is the least number of units closed in the past 10 years, and 26.98% fewer units than 2013. The 10 year average is 1615 units and in 2014 units closed were 45% less than the average....
Typically in real estate, the word “delayed” doesn’t prompt a smile but in this case, it does! According to the Single Family Housing Guaranteed Loan Program which was supposed to implement the new rural eligibility maps, those communities that would have been deemed...
These are the statistics (and my opinions) of the year to date sales of single family residential homes in Big Bear area. Units sold 2014 vs 2013 <23%> (indicates sellers reaching on list price using active listings as comps, and pent up demand from sellers that...
Average price sold went from $254k to $263k an 3.5% increase Units sales are down 10.6% for February of 2014 vs. 2013 Average price per square foot sold is up 14.4% List price to sold price has increased from 97% to 98%. Average days on the market have increased from...
