Brayton's Big Bear Blog

What's Up This Weekend in Big Bear - Lots of Summer Fun!

 

What's Up This Weekend in Big Bear

 

Big Bear MLS Absorption Rate - March

          Definition of Absorption Rate:

Number of weeks it takes to sell current inventory at present rate of sales.

Absorption rate can be used as a way to track the "trend" of the market.
The figures used are per Big Bear MLS,
this number will be posted the middle of every month on this blog

1. The current number of listings (residential) all that are listed as Active, Contingent, Pending (in escrow) and Active Contingent (waiting on bank approval of short sale)
2. The number of sold properties for the previous month.

 

Absorption Rate is: 57 weeks

 

Big Bear MLS Absorption Rate - December

                                                     Definition of Absorption Rate:

Number of weeks it takes to sell current inventory at present rate of sales.

Absorption rate can be used as a way to track the "trend" of the market.
The figures used are per Big Bear MLS,
this number will be posted the middle of every month on this blog

1. The current number of listings (residential) all that are listed as Active, Contingent, Pending (in escrow) and Active Contingent (waiting on bank approval of short sale)
2. The number of sold properties for the previous month.

 

Absorption Rate is: 40 weeks

(last month was: 55 weeks)

 

Weather is on it's way

October already? With the season of cold weather near, there are a few reminders for all of us. Now that the night temps. are reaching the lower end of the thermometer, winterizing you Big Bear cabin is a MUST!

Remember to turn off the water when you leave and it is time to get out the bio-degradable anti-freeze for all the drains (just a capful will do it).

Here are some winter driving tips and don't forget to check the road conditions and the weather.

Remember the snow we had in January?

 

Big Bear MLS Absorption Rate - August

Definition of Absorption Rate:
Number of weeks it takes to sell current inventory at present rate of sales.

Absorption rate can be used as a way to track the "trend" of the market.
The figures used are per Big Bear MLS,
this number will be posted the middle of every month on this blog

1. The current number of listings (residential) all that are listed as Active, Contingent, Pending (in escrow) and Active Contingent (waiting on bank approval of short sale)
2. The number of sold properties for the previous month.

Absorption Rate is: 67 weeks

(last month was: 53 weeks)

Right now in Big Bear...

Right now

there are

38 lakefront properties

51 bank owned

54 short sale

2 fractional ownership properties

858 total listings for sale

in the Big Bear MLS

 

71 degrees, sunny, blue sky with a low expected of 44 degrees. ahhhhhh

Big Bear MLS Absorption Rate - July

Definition of Absorption Rate:
Number of weeks it takes to sell current inventory at present rate of sales.

Absorption rate can be used as a way to track the "trend" of the market.
The figures used are per Big Bear MLS,
this number will be posted the middle of every month on this blog

1. The current number of listings (residential) all that are listed as Active, Contingent, Pending (in escrow) and Active Contingent (waiting on bank approval of short sale)
2. The number of sold properties for the previous month.

Absorption Rate is: 53 weeks

(last month was: 75 weeks)

Big Bear MLS Absorption Rate

 

Definition of Absorption Rate:
Number of weeks it takes to sell current inventory at present rate of sales.

Absorption rate can be used as a way to track the "trend" of the market.
The figures used are per Big Bear MLS,
this number will be posted the middle of every month on this blog

1. The current number of listings (residential) all that are listed as Active, Contingent, Pending (in escrow) and Active Contingent (waiting on bank approval of short sale)
2. The number of sold properties for the previous month.

Absorption Rate is: 75 weeks

This is high because last month only 55 listings sold, the lowest all year.

(last month was: 49 weeks)

Big Bear MLS Absorption Rate

Definition of Absorption Rate:
Number of weeks it takes to sell current inventory at present rate of sales.

Absorption rate can be used as a way to track the "trend" of the market.
The figures used are per Big Bear MLS,
this number will be posted the middle of every month on this blog

1. The current number of listings (residential) all that are listed as Active, Contingent, Pending (in escrow) and Active Contingent (waiting on bank approval of short sale)
2. The number of sold properties for the previous month.

Absorption Rate is: 48 weeks

(last month was: 56 weeks)