About San Bernardino County, CA

Moonridge Area of Big Bear Sales Trends

11-21-09

Steve Hirschler, Big Bear Real Estate

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Office: (909) 866-3481 x217

Mobile: (909) 725-5889
Secondary: (909) 878-3156

As of 11/21/2009

Sold in the Moonridge Area 8/23/2009 - 11/21/2009

We had 52 closed sales in the Moonridge area for the past 90 days. There are 110 active Moonridge listings, and 27 pending in escrow. We have a 6.47 month supply of inventory at the current rate of sale. 12 of the 52 closed sales were Bank Owned and 5 were Short Sales.

The price differential shown above tells us that the homes in Moonridge that are selling, sell very close to list price. This isn't surprising to me, price is the most important factor in this market. When a home is priced correctly it will sell, it's really that simple. Knowing what price to list at is by far the most important decision a seller must make. List price should be based on market conditions and not a sellers perception or need. Banks are making this more apparent, they are not emotionally attached to homes. Bank owned properties are being priced based upon comparable sales, and nothing else. This is why the bank owned homes sold in Moonridge have an average of 30 days on the market and all of the other types of sellers are averaging 144 days in the Moonridge area. That's almost 5 times as long as the average bank owned listing.

When I look deeper at the statistics, the bank owned homes sold have a price differential of 98.82%, and the other types of sellers are at 93.60% of list. During the extra days on the market the sellers were chasing the market with price reductions until they finally get their homes price to match the market, and then like magic they sell! This is good, but not great. One thing that happens in this scenario is that the buyer sees that the home has been on the market 100 days or more and decides that the seller must be motivated to take less. This generates a lower offer, thus the 93.60% price differential.

First impression of value creates a sense of urgency in buyers, once lost the buyer assumes you are over priced. If not, why didn't someone put in an offer?

If you would like to discuss the Big Bear Real Estate market, please give me a call.

I can show you any home for sale in Big Bear.

Search the Big Bear MLS (Multiple Listing Service)

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RE/MAX Lakeside's Stan Phelp is Hosting an Open House Saturday 11/21/09 @ 248 Squirrel Dr, Lake Arrowhead

11-21-09

Kat DeLong, REALTOR DRE# 01235311

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Office: (909) 273-4542

Mobile: (909) 273-4542

RE/MAX Lakeside's Stan Phelp is Hosting an Open House Saturday 11/21/09 @ 248 Squirrel Dr, Lake Arrowhead. 12:00 - 4:00

Stop by 248 Squirrel Dr in Lake Arrowhead today and meet Stan Phelp's and preview this beautiful home in the Summit. Built in 1993, this custom property sits on almost a half acre. Priced right at $829,000.

Map & Directions HERE

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Market Condition Report for the Big Bear Area 11/15/2009

11-21-09

Steve Hirschler, Big Bear Real Estate

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Office: (909) 866-3481 x217

Mobile: (909) 725-5889
Secondary: (909) 878-3156

Market Condition Report provided by "Chicago Title"

Please call me if you would like to discuss the Real Estate Market here in the Big Bear Area.

I can show you any home for sale in Big Bear.

Search the Big Bear MLS (Multiple Listing Service)

Search the Southern California MLS (Multiple Listing Service)

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

stevehirschler@gmail.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

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Re/Max Lakeside's David Nicholson is Hosting an Open House Saturday 11/21/09 @ 28458 N Shore, Lake Arrowhead

11-20-09

Kat DeLong, REALTOR DRE# 01235311

view my blog
Office: (909) 273-4542

Mobile: (909) 273-4542

David Nicholson will be hosting an OPEN HOUSE Saturday, November 21, 2009, from 12- to 4:00. Stop by 28458 North Shore Dr in Lake Arrowhead to view this beautiful mountain home... only a Stone's Throw from Tavern Bay Beach Club!

TAVERN BAY DELIGHT

Overview
Maps
Photos
Features
Description
Neighborhood
Market Stats

$674,900

Single Family Home
For Sale

Main Features

4 Bedrooms
3 Bathrooms
1 Partial Bathroom
Interior: 3300 sqft
Lot: 9,000 sqft

Location

28458 NORTH SHORE RD
LAKE ARROWHEAD, CA 92352

Kat DeLong

RE/MAX LAKESIDE
(909) 273-4542
lakearrowheadkat@hotmail.com
http://www.lakearrowheadkat.com

Listed by: RE/MAX LAKESIDE

Our recent listings

Enjoy the Peace & Quiet
TAVERN BAY DELIGHT
BUILD YOUR CABIN AMOUNG THE DOGWOODS

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See more LAKE ARROWHEAD, CA real estate for sale

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NO CREDIT CHECK - Studio For Rent - $700 Rancho Cucamonga/ Alta Loma

11-20-09

Ann Urias

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Office: (714) 588-7676

$700 STUDIO FOR RENT (ALTA LOMA, RANCHO CUCAMONGA) if you move in by 12-1-09

500 SQ FT STUDIO IN THE SUNSCAPE COMMUNITY.

Property Features: 2nd floor unit, balcony,brand new paint, new laminate wood floors, Close to Laundry Room, Covered Parking, Pool & Spa, Tennis, Peaceful Atmosphere, Nice Landscaping. Easy access to 210 & 10 Freeways, close to shopping & restaurants and Chaffey College.

DEPOSIT 700.00 AND 1ST MONTHS RENT NO CREDIT CHECK!!!!!!!!

CALL ANN AT 714 588 7676 OR EMAIL ME FOR MORE INFO

ADDRESS: 8990 19TH ST UNIT 342

cats are OK - purrr

dogs under 6 pounds okay

Location: ALTA LOMA, RANCHO CUCAMONGA

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