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Posts from ‘September, 2009’

Value declines result in downward price shift

As one would expect with falling prices, there has been a distinct shift in the percentage of homes sold in Big Bear at the lower price range. Reviewing the graph below, you can see that sales under $100,000 have seen a huge jump from 2008. As well, you can see that at about the $200,000 [...]

Year-to-date Big Bear real estate market update

Time to take a look at where we stand in the calendar year 2009 compared to where we were this time last year. (All the following numbers are from 1/1 through 9/6 of the year stated.) Number of home sales – 448 in 2008 compared to 618 in 2009 – 38% increase. Average sale price – [...]

August Big Bear Real Estate Sales Figures

The number of homes sold rose 17% in August of 2009 when compared to August 2008, as the median sale price and average sale price are down 37%  and 23% respectively. The price per square foot of sold homes also showed a significant decline when compared to August of last year, with the average price per [...]