Big Bear Lake 92315 Market trends

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Real Estate

🏡📊 Market Update in Big Bear Lake, CA 📊🏡

📅 Date: September 2023

🌟 Hello, Big Bear Lake residents and potential buyers and sellers! 🌟

As your trusted REALTOR®, I'm here to provide you with the latest market trends and updates to help you navigate the real estate landscape. Let's dive right in! 💼

🏢 Easterby and Associates

1️⃣ Months Supply of Inventory: Currently, there's a 7.31 Months Supply of Inventory in Big Bear Lake. Over the last 12 months, we've experienced a significant increase of +77.43%. This indicates a growing demand in our local market. 📈

2️⃣ List to Sold Price Percentage: The List to Sold Price percentage is an impressive 118%! This means that properties are selling at a higher percentage of their listing price, indicating strong buyer interest and competitive offers. 💰

3️⃣ Median Days on Market: The median days on market is 36. This suggests that properties in Big Bear Lake are selling relatively quickly. If you're a seller, this is great news as it indicates a healthy demand and potential for a swift sale. ⏳

4️⃣ Median Sold Price: The median sold price for properties in our area is $645,000. This figure provides insight into the overall market value and can be a helpful benchmark for buyers and sellers when making decisions. 💵

Whether you're looking to buy or sell, understanding these market trends is crucial. As a REALTOR®, I'll be by your side, leveraging this data and my expertise to guide you through the process with confidence. 🤝

If you have any questions or would like a personalized analysis of your property's value, don't hesitate to reach out. I'm here to help you achieve your real estate goals in Big Bear Lake! 🏔️

Stay tuned for more market updates and tips. Until then, stay safe and happy house hunting! 🏡💼

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