{"id":1966,"date":"2015-02-24T18:32:21","date_gmt":"2015-02-25T02:32:21","guid":{"rendered":"http:\/\/bigbea.planleft.com\/?p=1954"},"modified":"2015-02-24T18:32:21","modified_gmt":"2015-02-25T02:32:21","slug":"market-snapshot-january-2015","status":"publish","type":"post","link":"https:\/\/www.bigbearrealestate.com\/market-snapshot-january-2015\/","title":{"rendered":"Market Snapshot &#8211; January 2015"},"content":{"rendered":"<h3>Market Wide Summary<\/h3>\n<p>There is a continuing trend of rising property values in the Big Bear area. &nbsp;The median sales price of single family homes in January increased by 9% compared to the previous month and is 31% higher than it was in January of last year. &nbsp;Average sales price is up 20% from January 2014. &nbsp;Property values increased year over year in all four zip codes in Big Bear. &nbsp;It was forecasted by the California Association of Realtors that property values across the state will continue to rise this year and next.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6648\" src=\"https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Stats.png\" alt=\"\" width=\"701\" height=\"266\"><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6649\" src=\"https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Med-Sold-Price-to-Jan-15.png\" alt=\"\" width=\"844\" height=\"574\" srcset=\"https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Med-Sold-Price-to-Jan-15.png 844w, https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Med-Sold-Price-to-Jan-15-800x544.png 800w, https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Med-Sold-Price-to-Jan-15-768x522.png 768w\" sizes=\"auto, (max-width: 844px) 100vw, 844px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6650\" src=\"https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Avg-Price-Per-Sq-Ft-to-Jan-15.png\" alt=\"\" width=\"837\" height=\"584\" srcset=\"https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Avg-Price-Per-Sq-Ft-to-Jan-15.png 837w, https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Avg-Price-Per-Sq-Ft-to-Jan-15-800x558.png 800w, https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Avg-Price-Per-Sq-Ft-to-Jan-15-768x536.png 768w\" sizes=\"auto, (max-width: 837px) 100vw, 837px\" \/><\/p>\n<h4>List Price vs. Sale Price and Days on Market<\/h4>\n<p>Properties sold in January&nbsp;went for 97% of the asking price after 117 days on market on average, up from 95% and 140 DOM in December and 96% and 114 DOM in January of last year.<\/p>\n<h4>Big Bear&nbsp;Inventory Trends<\/h4>\n<p>Inventory in January was down 14% versus the prior month, though was up 21% versus last year. &nbsp;The current inventory is 35% lower than it was in August, and is less than half of what it was 5 years ago. &nbsp;Distressed listings, bank-owned&nbsp;and short sales account for 4% of the current inventory.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6651\" src=\"https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Inventory-to-Jan-15.png\" alt=\"\" width=\"982\" height=\"660\" srcset=\"https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Inventory-to-Jan-15.png 982w, https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Inventory-to-Jan-15-800x538.png 800w, https:\/\/www.bigbearrealestate.com\/wp-content\/uploads\/2015\/02\/Inventory-to-Jan-15-768x516.png 768w\" sizes=\"auto, (max-width: 982px) 100vw, 982px\" \/><\/p>\n<input class=\"fooboxshare_post_id\" type=\"hidden\" value=\"1966\"\/>","protected":false},"excerpt":{"rendered":"<p>Market Wide Summary There is a continuing trend of rising property values in the Big Bear area. &nbsp;The median sales price of single family homes in January increased by 9% compared to the previous month and is 31% higher than it was in January of last year. &nbsp;Average sales price is up 20% from January [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"content-sidebar","ngg_post_thumbnail":0,"footnotes":""},"categories":[90],"tags":[],"class_list":{"0":"post-1966","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-big-bear-market-info","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Market Snapshot - January 2015 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