Big Bear Residential Market Activity 3/17/2008 to 3/23/2008

Originally posted at The Big Bear Skinny. 

Below is a market update for residential properties in the Big Bear Valley for the week of March 17 to March 23.

Given that residential properties are the majority of sales in Big Bear, I have focused on this type of property. If you are interested in the stats for vacant land, commercial, or condos, please let me know.

New, pending, and sold listings in Big Bear Lake were very similar to the prior week with no major swings noted.

Pending listings in Big Bear City nearly doubled last week, up from 3 to 8, with the average days on the market for pendings down by nearly 2/3rds. New listings and sold listings had similar stats to the previous week.

Sugarloaf real estate numbers were also pretty consistent with the previous week. With one closed sale over the past two weeks, sales have been slow in this part of Big Bear.

Fawnskin is still seeing limited activity though there was one new listing and one new closed sale. Not enough to be really happy about in my opinion.

This information will be 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.

* 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.