Comments on: Big Bear Home Sales – September 2009 & Third Quarter 2009 http://www.thetimwoodgroup.com/2009/10/07/big-bear-home-sales-september-2009-third-quarter-2009/ The first name in Big Bear Real Esate Wed, 24 Feb 2010 04:05:05 -0800 http://wordpress.org/?v=2.9.2 hourly 1 By: Tyler Wood http://www.thetimwoodgroup.com/2009/10/07/big-bear-home-sales-september-2009-third-quarter-2009/comment-page-1/#comment-230 Tyler Wood Mon, 12 Oct 2009 16:29:18 +0000 http://www.thetimwoodgroup.com/?p=3418#comment-230 Thanks Linda. Yes, I think that is exactly the point. Homes over $300,000 make up a very small percentage of what is selling in Big Bear. I think there are also many homes priced too high for the market. If they get the price closer to the median selling price, they would sell. For example, a home priced at $250,000 that really needs to be under $200,000 in order to sell. There are many of these type of properties on the market right now. Thanks Linda.

Yes, I think that is exactly the point. Homes over $300,000 make up a very small percentage of what is selling in Big Bear. I think there are also many homes priced too high for the market. If they get the price closer to the median selling price, they would sell. For example, a home priced at $250,000 that really needs to be under $200,000 in order to sell. There are many of these type of properties on the market right now.

]]> By: Linda Hunter http://www.thetimwoodgroup.com/2009/10/07/big-bear-home-sales-september-2009-third-quarter-2009/comment-page-1/#comment-228 Linda Hunter Sat, 10 Oct 2009 00:55:52 +0000 http://www.thetimwoodgroup.com/?p=3418#comment-228 Tyler - great information and data for anyone following the Big Bear Real Estate market. It seems like the asking price and selling price of any particular home has been on average close (i.e. selling price seem to be 90-95%+ of asking price for a particular home). Is the $120K difference between the median asking price and the median selling price a reflection that the large majority of home sales are lower priced homes and not as many higher priced homes are selling? Tyler – great information and data for anyone following the Big Bear Real Estate market. It seems like the asking price and selling price of any particular home has been on average close (i.e. selling price seem to be 90-95%+ of asking price for a particular home). Is the $120K difference between the median asking price and the median selling price a reflection that the large majority of home sales are lower priced homes and not as many higher priced homes are selling?

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