Big Bear Real Estate Market Stats for the month of March 2025
Market Wide Summary
The average sales price of single family homes in Big Bear in March was down 12% compared to the previous month, and the median sales price was down 7%. Average sales price over Jan-Mar 2025 was 1% higher and median sales price was down 12% compared to the first quarter of 2024. The number of sales was practically the same month over month.
List Price vs. Sale Price and Days on Market
Properties sold in March went for 97% of the asking price after 112 days on market on average. The list-to-sell price ratio was also 97% on average over Jan-Mar, compared to 98% over Jan-Mar 2024.
Big Bear Inventory Trends
Total inventory* increased 4% month over month, and there were 28 more new listings in March than in February. The total number of homes on the market last month was about 45% more than it was in March of last year. As of this writing, there are 395 single family homes for sale in Big Bear.
*Total listed inventory numbers as of the 15th of each month.
Home Prices By Quarter
The graph below shows average and median home prices in each quarter over the past 5 years. We can see that after a peak in home prices in the first quarter of 2022, a decline for the rest of 2022, and then relatively steady sale prices from Q1 2023 to present.
*Data derived from Big Bear Association of REALTORS®, Inc. (BBV) MLS. Information herein deemed reliable but not guaranteed.
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