Market Statistics-Year to Date August 31st 2013
| 2012 | 2013 | |
| New Listings | 1119 | 1240 |
| Closed Listings | 730 | 845 |
| Median Sales Price | $160,000.00 | $179,750.00 |
| Average Sales Price | $233,549.00 | $245,339.00 |
| Price Per Square Foot | $153.24 | $164.44 |
| Percent of Original List Price | 95.00% | 96.37% |
| Days on Market | 126 | 99 |
| Inventory of Homes for Sale | 4.93 Months |
Just a quick recap to add August 2013 to our Market Analysis in our year to date tracking. We are heading even more into a sellers market going down from 5.16 months of inventory to 4.93 months of inventory.
Another great thing for sellers is that they are selling their homes 22% faster than they were in 2012 and getting $11.20 more per square footage with both average and median sales price going up 5% and 12% respectively.
More listings, more closings.
See my website for more information on purchasing a home in Big Bear and surrounding areas.
www.buyinbigbearlake.com
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