Well, we knew it would have an impact, and that impact is showing up in the home sales numbers. Residential sales were down 57% in April 2020 compared to the same month in 2019. Per the Big Bear MLS, there were 48 home sales this past April. In April 2019, there were 112 home sales in Big Bear. Home prices were up a modest 2% year or year, with an average sales price of $327,757 in April 2020 vs. $321,508 in April 2019. What's in the numbers? There were approximately 30+ … [Read more...]
Castle Glen Estates, Where The views Go On For Miles…
Big Bear Real Estate Market off to solid start in 2020!
Residential sales in Big Bear were up 9% year over year during the first quarter of 2020, while the average sales price was up 6% as per the Big Bear MLS. There were 270 residential sales from January 1, 2020 to March 31, 2020 vs. 247 sales during the same time last year. The average sales price rose from $364,000 in 2019 to $386,000 in 2020. The average days on market went up a modest 11 days year or year. Given all of the craziness with COVID, it's important to note that the Big Bear real … [Read more...]