neighborhood image
Jane Brayton
   CA BRE #01269899
  • Email
  • Facebook
  • LinkedIn
  • Twitter
(909) 915-4980
  • Home
  • Search Properties
    • Search All Properties
    • Search by Map
    • Search by City
  • Email Updates
  • Areas of Big Bear
  • Lakefront
  • Blog
  • About
    • Testimonials
  • Contact
Home > Market Report: September 2020

Market Report: September 2020

October 16, 2020 by jbrayton

Big Bear Real Estate Trend For September 2020

Check out what hit the market in the last 10 days HERE

The number of weeks it takes to sell current inventory at present rate of sales is the absorption rate and is used as a way to track the “trend” of the market.
The figures used here are per Big Bear Multiple Listing Service.
What information from the MLS is needed for this Big Bear real estate market snapshot?
  1.  

    Number of listings (residential) all that are listed as Active, Contingent, Pending (in escrow) & Back-Up status (a contract on the property with a contingency) 436

  2. The number of sold properties for the previous month – 249
    Number that sold last month, 249 X 12 (months in a year) = 2988 divided by 52 (weeks in a year) =57.
  3. Then divide by number of listings, 436 to arrive at Absorption Rate of  8 Weeks.

Filed Under: Absorption Rate, Real Estate Trends

Categories

  • 1 Best Practices During Covid-19
  • 35+ things to do in Big Bear
  • Absorption Rate
  • Chili Cook off
  • Christmas in Big Bear
  • Comedy
  • Community
  • Condos for Sale
  • Current Affairs
  • Fall in Big Bear
  • Film
  • Fishing
  • Food and Drink
  • Games
  • Halloween
  • Hiking
  • Home Buyer Tips
  • Home Ownership Tips
  • Home Seller Tips
  • Listings
  • Monthly Events
  • Music
  • Need to Know
  • New Year
  • Oktoberfest
  • Real Estate Trends
  • Road Conditions / Traveling to Big Bear
  • School Information
  • Sports
  • Spring in Big Bear
  • Summer Weather Activities
  • Thanksgiving
  • Uncategorized
  • Utilities for Big Bear
  • Utility Information
  • What to do in Big Bear
  • Winter Weather Activities

Contact

Jane Brayton
(909) 915-4980
P.O. Box 1514
Big Bear Lake, CA 92315
Contact

Sign up for What’s Up in Big Bear

  • Easy enough, just enter your email address above and we will include you with all the other fun folks who receive the weekly email.

RSS Subscribe to this site – Recent News

  • Big Bear: Week of March 13, 2023
  • Big Bear: Snow Storm Coming Week of February 20, 2023
  • Big Bear: Presidents Weekend 2023

sitemap  •  admin  •  ©2023 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com