Being a Realtor in Big Bear, I get asked that question often. Real Estate is local and just like the weather, Big Bear is unique. The short answer is that we have some good news for sellers. Currently we have a low inventory of active listings (608 units). With 198...
Weeks Supply Given Demand is the Absorption Rate (the number of weeks required to exhaust supply given demand) measured in time. High rates signal excess units of supply relative to demand. Low rates signal the opposite. The Ratio of Supply to Demand measures the...
The Big Bear Multiple Listing Service recorded 863 sales in 2011. Below is a breakdown showing chart showing how many units each price range contributed. With 794 (92%) of the homes sold falling into the under $500,000 price range, and only 69 over $500,000 (8%), it...
