Homes Sold in Moonridge Area of Big Bear
These are the statistics for the 90 homes that have sold in the Moonridge area of Big Bear since June 1, 2010.
90 Homes Sold in Moonridge Area of Big Bear
One of the more important numbers on this summary is the price differential. At 98.38%, this tells me a couple things that buyers and sellers in Moonridge should note. First, most homes sold in Moonridge during this time period sold within 2% of the list price. Sellers that list their homes with a price cushion that exceeds 10% will not see the showing activity required to produce an offer. Buyers that offer 10 – 15% below list price will often be outbid. Knowing what the market value really is will be the difficult factor for both buyers and sellers. With 142 active listings in the Moonridge area, we are now at a 9.4 month supply. There are 19 home that are in escrow currently. During this same period last year we had 117 closed transactions in Moonridge. While days on the market often is used by buyers to determine what price to offer, the more important number is days at the current price.
Sold in Moonridge Big Bear
As a resident of the Moonridge area since 1990, I can help you select the perfect home for your family. Don’t hesitate and miss one of the best buying opportunities in years in this beautiful mountain resort community.
Steve Hirschler
Market Specialist, Inventory Expert,
Big Bear Real Estate Agent
Coldwell Banker
The Tim Wood Group
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
DRE#01703081
stevehirschler@gmail.com
909 866-3481 EXT. 217
CELL 909 725-5889
Fax 909 866-3531
Does your Big Bear Real Estate agent tell you what you want to hear, or the truth?
Listening to a Real Estate agent that has their interests in front of yours can be a big mistake. I must admit that I have a problem, I am often Brutally Honest. Being honest is not the problem, but I know I could improve on the way I deliver the message.
I don’t do the sugar-coating thing well. I tend to tell it like it is and live with the consequences. I won’t tell you what you want to hear, unless I believe it to be the truth. It really makes things easy to remember.
When you work with me, you might hear more than you want to hear about the house. I might get in the way sometimes as if I were buying the house myself. Sometimes I will want repairs made that the buyer doesn’t seem to care about or is not aware of. That’s just how I am.
If I am representing you as a buyer, I might tell you all of the things that the seller would rather have you overlook. I will more than likely be at the home inspection and in addition to thoroughly looking at the items that the home inspector discovers, I might ask him to look at things that he didn’t discover or mention. I will also let you know as a buyer that repairs done by sellers are often done with the cheapest materials and least expensive labor that the seller can find. This doesn’t always equate to the best results, so I will often recommend that we get a bid from someone who knows how to do the repair correctly, at a fair price. I might tell you that the house you like is over priced, or not the best value. Isn’t that the type of honesty you deserve?
If I am your listing agent I will tell you the recommended list price based on market conditions, not your needs or debt. That’s not to say I am not flexible at all or sympathetic to your financial situation, but I will give you the real price, even if you don’t like it. I will recommend the work needed to get the home sold and lead you through the selling process. I will work with you on improvements that need to be made by providing contractors and handyman that will perform their jobs as professionals. I will be available to return your calls timely and with real answers. Don’t be surprised if I tell you your home is worth less than some other agents will tell you. I won’t give you a price that is 20% above what I believe is the real value just to get your signature on the listing agreement. I might offer to show you the other homes that a buyer will look at in your price range to show you the reason your home needs to be priced correctly.
After all, what sign do you want to have hung in front of your home in 90 days?
or
If your agent of choice is unable to put your interests first, you need to find one that will.
Click here to read my recommendations for buyer’s and seller’s that I have represented in the past.
Market Condition Report for the Big Bear Area
Market Condition Report for the Big Bear Area
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
13 Homes Sold this Week in Big Bear, 9/26/2009
Click here to see the details on these 13 homes.
With 812 active listings on the market currently, the inventory has fallen about 8% in the past 30 days.
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
4 New Bank Owned Homes in Big Bear 9/19/2009
Listing Courtesy of Keller Williams / David Cartwright
Listing Courtesy Century 21 Bonnie Blue
Listing Courtesy of Premier Propeties Sotheby's Tom Benson
Listing Courtesy of Premier Properties Sotheby's Int. Tom Benson
As of this morning, we have 40 bank owned homes (REO’s) on the market, that’s only 4.84% of the 826 active listings. Please call or email if you want to purchase a bank owned home in Big Bear,
I will get you the best deal.
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
Year to Date Price Per Square Foot For Homes Sold in the Big Bear Area
When you start your search for a second home in Big Bear you should spend some time looking at the different locations. Location drives land value and that is why the same house is worth more or less in different areas.
Lakefront homes for example have higher land values. The current land value combined with the improvements (house) establishes value. That is why a home on the lake that is functionally obsolete will still have a high value of one million dollars if it is located in a deep water location with a view.
This also explains why a beautiful home in a less desirable area may be worth little more than the building costs, and sometimes less. Land has not been selling recently because construction costs are higher per square foot than the existing inventory pricing.
Most homes that were built in the 90’s for example had a building cost of less than $100 per square foot. Currently we are seeing building costs between $150 – $225 per square foot using a licenced and insured contractor.
These are the different neighborhoods in the Big Bear area, and the average price per square foot sold year to date.
- Lakefront – $516.44
- Big Bear Lake West – $227.30*
- Big Bear Lake Central – $186.41*
- Big Bear Lake East – $199.93*
- Fox Farm – $197.14
- Moonridge – $201.01
- Fawnskin – $220.82
- Big Bear City – $147.83
- Whispering Forest – $160.11
- Sugarloaf – $125.58
- Erwin Lake – $124.67
- Meadowbrook – $216.36
- Baldwin Lake – $147.66
- Lake Williams – $117.81
*Does not include lakefront home sales in these areas.
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
Buyers, Sellers and “Listers”
Buyer’s often ask the question “What should I offer?” before they find a specific house that they want to place an offer on. They want to know the formula for the list price verses the actual purchase price that they will pay. They ask questions like “If we shop in the $400,000 range, what price do you think we can get it for?” I always respond the same. It depends on the house and if it is priced correctly. How long has the house been on the market at this price? This is a more important question than, “How long has the house been on the market?”
Home owners don’t have to price their home correctly, they just won’t sell their house until they do. Maybe we should just call them “Listers”. Unlike sellers, “Listers” waste an agents time and inflate the price’s of other “Listers”.
Question’s that I ask a home owner that says they want to sell is “Do you want to list your home, or sell it?” Do you want to be a lister or a seller? When do you want me to start telling you the truth?
Once I have explained to a buyer that selling prices are set by the market and not the sellers or their agent, I will let them know that sellers and their agents will list property (incorrectly) based upon other criteria. They will list based upon the debt on the property, what they paid, the improvements that they have done, the amount that their neighbor (a lister) has listed at, what they need or want to have to be able to fulfill their future plans etc. This is a mistake that will cost the Listers money in the long run, if they ever sell.
Keep in mind that a lister is in charge of what price they will ask, but the buyer will decide how much the house will sell for. Listers are different than sellers, because they don’t need to sell.
We have a lot of Listers in our current market. With 911 homes on the market and only 56 closings in the past 30 days, it appears that we have about 6% sellers and 94% Lister’s.
One thing is for sure, you can sell your house if you are willing to price it correctly.
So, back to the question, “What should I offer?”
Once you have found that house you want to buy, the question really is, what is the current market value?
- Spend time looking at homes in the area that you want to buy.
- Have your agent show you recent comparable sales.
- Be reasonable based upon the information that you have collected.
- Ask your agent their opinion.
- Have your agent contact the seller/Lister’s agent to see if there has been any activity previously that will help understand the seller’s motivation.
Please call me if you are a seller or a buyer……….
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
The Simple Secret about Big Bear Real Estate that Everyone Knows
- We don’t seem to want to admit, but we all know it is the single most important factor in determining if your home will sell.
- It’s not something most real estate agents or sellers want to talk about.
- If your house has been on the market for more than 60 days and doesn’t have an offer, you’re ignoring it.
- If you home is in good repair, is easy to show, and hasn’t got an offer, you’ve overlooked it.
- You can’t sell in this market until you get it right.
- Do you know what the secret is?
Previous posts on this topic:
When do you want me to start telling you the truth?
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
Sold in Big Bear Week ending 4/18/2009
Click here for property details
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
http://www.stevesellsbigbear.com
Subscribe to “Ask an Expert, Big Bear Real Estate Blog”
Sold in Big Bear Week ending 4/11/2009
- 2 were bank owned “40%”
- None of these homes were short sales
- 3 were organic (traditional seller)
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
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