Bear Lake Reserve Market Report

Specific data in relation to property sales at Bear Lake

The average price per square foot of homes sold in Bear Lake Reserve is currently around $275 per square foot and up 36.8% over 2021.  This is a rolling 12 month average.  ***The last two Mountain Laurel cottages have closed on average for $264 per square foot*** 

On average Bear Lake properties are closing for 96.5% of the original list price. This is a 2.9% increase from 2021.

Sales are down and are likely to continue to go down. Price appreciation is expected to continue without a significant increase in supply. Low inventory is still the driving factor in home sales. Continued demand will still make this a seller’s market, but correct pricing and informed market knowledge will be crucial for successful transactions!

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