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Big Bear Residential Market Activity 3/31/2008 to 4/6/2008

Below is a market update for residential properties in the Big Bear Valley during the week of March 31 to April 6.

New listings and pending sales were up from the previous week while closed sales were down.

The majority of closed sales continue to occur in the Big Bear Lake areas of Boulder Bay, Gilner Point, Ironwood Estates, Eagle Point, Fox Farm and Moonridge.  The areas of Big Bear City, Erwin Lake, Baldwin Lake, Lake Williams and Sugarloaf are still seeing very few sales.

Average days on the market for closed sales this week was 138 days and the average list price to sale price ratio was 94%.  The median sales price was $229,000.  These are good numbers to keep in mind when understanding the real estate market in Big Bear.

This information is updated on a weekly and monthly basis. Be sure to check back or sign up for my email newsletter to be kept informed on the real estate market conditions in Big Bear.

Big Bear Lake 92315
New Listings 23
Median Price $534,200
Price Range $199,900 to $1,795,000
Pending Listings 11
Median Price $329,000
Price Range $119,900 to $749,900
Average Days on Market 197
Sold Listings 5
Median Price $309,000
Price Range $200,000 to $900,000
Average Days on Market 180
Average List to Sale Price 93%
Big Bear City 92314
New Listings 14
Median Price $248,450
Price Range $119,900 to $489,000
Pending Listings 8
Median Price $209,950
Price Range $115,000 to $499,900
Average Days on Market 253
Sold Listings 0
Median Price $
Price Range $
Average Days on Market n/a
Average List to Sale Price n/a
Sugarloaf 92386
New Listings 6
Median Price $194,950
Price Range $99,900 to $292,000
Pending Listings 1
Median Price $159,000
Price Range $159,000
Average Days on Market 55
Sold Listings 1
Median Price $140,000
Price Range $140,000
Average Days on Market 37
Average List to Sale Price 90%
Fawnskin 92333
New Listings 2
Median Price $232,450
Price Range $199,900 to $265,000
Pending Listings 0
Median Price $233,200
Price Range $135,500 to $329,900
Average Days on Market 70
Sold Listings 1
Median Price $229,900
Price Range $229,900
Average Days on Market 32
Average List to Sale Price 100%
All Areas
New Listings 45
Median Price $299,950
Price Range $99,900 to $1,795,000
Pending Listings 21
Median Price $299,900
Price Range $115,000 to $749,900
Average Days on Market 207
Sold Listings 7
Median Price $229,000
Price Range $140,000 to $900,000
Average Days on Market 138
Average List to Sale Price 94%

* Information updated weekly, courtesy of the Big Bear MLS. This update includes MLS data from areas including Big Bear Lake, Big Bear City, Moonridge, Fox Farm, Sugarloaf, Erwin Lake, Fawnskin & Baldwin Lake. It does not include data from areas in the Big Bear MLS that are located outside of the Big Bear area. Information is deemed reliable but cannot be guaranteed.

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