Monday Market Update
February 18th, 2008 categories: Big Bear Buyers, Big Bear Market Conditions, Big Bear Real Estate News, Big Bear Sellers
Below is an update for the Big Bear Real Estate Market.
While activity seemed to be picking up recently, the number of pending properties has actually been holding steady for the past few months. The listing inventory has continually declined over the same time frame, which is very typical for our market. We will probably bottom out in the next couple months and then shoot back up to the 1500 mark for residential properties around July or so. Again, this is typical for the Big Bear market.
Be sure to check back here every Monday for your Big Bear Market Update or click here to get this emailed to you every week.
| Property Type | Listings for Sale | Pending Sales | Sales Year to Date |
|---|---|---|---|
| RESIDENTIAL | 1052 | 91 | 43 |
| VACANT LAND | 328 | 24 | 5 |
| CONDOS | 73 | 1 | 1 |
| GOVERNMENT LEASE | 4 | 1 | 1 |
| COMMERCIAL & RES INVESTMENT | 44 | 5 | 3 |
| BUSINESS OPPORTUNITY | 13 | 2 | 2 |
[...] Big Bear went up 4 from 1052 homes for sale to 1056. The number of homes in escrow is up by 9 from last week to 100 while sales year to date are now at 53 Big Bear homes sold since the beginning of the [...]