With the inventory continuing to drop (497 units), confidence high, and rates at an all time low, this is a great time to sell. Current inventory 497 / Sold 120 / 4.14 month supply (seller’s market) Average sales price to list price 97% (buyers negotiated an average...
C.A.R. closely monitors and analyzes trends in the residential real estate industry. The table below contains the latest reported existing home sales series, median home prices, unsold inventory index, median time on market, first-time buyer housing affordability...
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....
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...
