Big Bear Real Estate Market Stats for the month of January 2021
Market Wide Summary
The average sales price of single family homes in Big Bear in January was 13% lower than that of the previous month, and the median sales price was up 4%. Average sale price was about 4% lower in January compared to the average sale price over all of 2020.
List Price vs. Sale Price and Days on Market
Properties sold in January went for 104% of the asking price after 55 days on market on average, compared to 102% and 58 DOM in December. The list-to-sell price ratio was 100% on average over all of 2020.
Big Bear Inventory Trends
Total inventory* was down 13% month over month, though there were 19 more new listings in January than in December. The total number of homes on the market last month was about 80% lower than it was in January of last year! As of this writing, the active inventory is at just 58!
*Total listed inventory numbers as of the 15th of each month.
Closed Transactions
There were 125 sales in January, which was 18% less than the previous month, though 56% more than than in January 2020.
*Data derived from Big Bear Association of REALTORS®, Inc. (BBV) MLS. Information herein deemed reliable but not guaranteed.
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