Photo Courtesy of Khalsaweb
Big Bear Market Statistics as of July 1st, 2016
- Total Active Residential Properties: 609 (8% increase from June 1st)
- Total Residential Properties in Back-Up and Pending: 171 (2% increase from June 1st)
- Total Residential Properties Sold in June: 97 (11% increase from May) (Compared to 2015, this is normal. It is an improvement over 2014)
*The number of properties sold in June 2015 was 108. In June 2014, 68 sold. - 86 sold in May
83 sold in April
114 sold in March
70 sold in February
65 Sold in January
118 Sold in December - New Residential Listings in May: 179 (22% decrease from June) (Compared to a 6% decrease this time last year)
- 22% of Current Market has been reduced in price since June 1st.
- Properties sold from January 1st 2016 to July 1st 2016: 526 (3% decrease from January 2015-July 2015)
- Total Sales Volume January 1st 2016 to July 1st 2016: $155,846,970 (3% increase from January 2015-July 2015)
Some of these things don’t really apply in Big Bear, but buyers do love views, as well as stainless steel appliances. What’s the most important thing your Big Bear home would have? Leave us a comment!
Millennials are getting a lot of attention in real estate and economic news lately. What’re some of the things effecting their spending habits? This inforgraphic sheds some light on the fiscal situation in which many young adults find themselves.
This isn’t exactly a new idea in Big Bear, since many people buy a second home with other family members, or at least with multi-generational vacationing in mind. But, this is news for full-time living.
Photo Courtesy of Cathy McCabe