Big Bear Real Estate Market Stats for the month of April 2022
Market Wide Summary
The average sales price of single family homes in Big Bear in April was down 3% compared to the previous month, and the median sales price was down 8%. Average sales price over Jan-Apr 2022 was 27% higher and median sales price was up 28% compared to Jan-Apr 2021. The number of sales decreased by 10% month over month.
List Price vs. Sale Price and Days on Market
Properties sold in April went for 104% of the asking price after 38 days on market on average, virtually unchanged from March. The list-to-sell price ratio was 104% on average over Jan-Apr, as compared to 105% over Jan-Apr 2021.
Big Bear Inventory Trends
Total inventory* remained virtually unchanged month over month, and there were just 5 more new listings in April than in March. The total number of homes on the market last month was about 9% more than it was in April of last year. As of this writing, there are 166 single family homes for sale in Big Bear. *Total listed inventory numbers as of the 15th of each month.
There were 113 sales in April, which was 10% less than in March, and 22% less than in April of last year. The total number of sales Jan-Apr was 21% lower compared to sales Jan-Apr 2021. *Data derived from Big Bear Association of REALTORS®, Inc. (BBV) MLS. Information herein deemed reliable but not guaranteed.