Big Bear Real Estate Market Stats for the month of March 2021
Market Wide Summary
The average sales price of single family homes in Big Bear in March increased by 16% compared to the previous month, and the median sales price was up 14%. Average sales price over Jan-Mar 2021 was 31% higher and median sales price was up 34% compared to the first quarter of 2020.
List Price vs. Sale Price and Days on Market
Properties sold in March went for 106% of the asking price after 49 days on market on average, compared to 104% and 63 DOM in February. The list-to-sell price ratio was 105% on average over Jan-Mar, as compared to 98% over Jan-Mar 2020.
Big Bear Inventory Trends
Total inventory* was up 31% month over month, and there were 75 more new listings in March than in February. The total number of homes on the market last month was about 76% less than it was in March of last year! As of this writing, there are 111 single family homes for sale in Big Bear.
*Total listed inventory numbers as of the 15th of each month.
Home Prices By Quarter
The graph below shows average and median home prices in each quarter over the past 5 years. We can see that home prices had risen fairly steadily over the last several years, and then jumped significantly after the first quarter of 2020. 
*Data derived from Big Bear Association of REALTORS®, Inc. (BBV) MLS. Information herein deemed reliable but not guaranteed.
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