what is selling?
As you can see in the charts below, residential sales have recently been concentrated in the lower price ranges, with sales valued under $500,000 making up about three-fourths of last year's sales volume. This has held true over the past several years, as well as into this current year. The average sales price of a home varies dramatically by area. Big Bear Lake, its adjacent Fox Farm, and the north shore lakefront town of Fawnskin generally see the highest average sales prices. Sugarloaf and areas in the East Valley are generally lower-priced due to their distance from the ski slopes. East Valley areas like Meadowbrook Estates and equestrian acreage properties are exceptions to this statement.
RESIDENTIAL SALES BY PRICE RANGE (YE 2016)
AVERAGE SALES PRICE BY AREA (YE 2016)