Big Bear Market Stats as of August 1st,2023
- Total Active Residential Properties: 347 (2% increase from July) August 2022 reported 385
- Total Residential Properties in Back-Up and Pending: 96 (20% increase from July)
- Total Residential Properties Sold in July: 74 (16% decrease from June)
67 properties sold in July 2022, and 142 sold in July 2021. - 64 Sold in June
88 Sold in May
51 Sold in April
68 Sold in March
53 Sold in February
51 Sold in January - New Residential Listings in July: 146 (7% increase from 136 in June)
- 29% of Current Market was reduced in price in July.
- Properties sold from January 1st 2023 to July 31st 2023: 443 (37% decrease from 702 in January-July 2022)
- Total Sales Volume January 1st 2023 to July 31st 2023: $275,816,026 (41% decrease from $464,243,692 in January-July 2022)
Price breakdown as of August 1, 2023
$0-300,000K – 17 units – 5% of inventory
$300,001-500k – 127 units – 36% of inventory
$500,001-800k – 118 units – 34% of inventory
$800,001k plus – 85 units – 25% of inventory
Sold Jan-July 2023– 443 units $0-300,000k – 38 units – 9% of sold units
$300,001-500k – 178 units – 40% of sold units
$500,001-800k – 148 units – 33% of sold units
$800,001 plus – 79 units – 18% of sold units