The number of Big Bear homes for sale has remained remarkably low this summer with only 511 single family residences currently for sale in the Big Bear MLS.
Looking at the graph below, you can see that the only other time since the market's bottom in 2011 that we've had fewer listings was in mid-summer in 2013. You'll also note that home inventory peaks cyclically in the summer months and decreases through year's end.
With so few Big Bear homes for sale and with buyer demand remaining high, the local real estate market is in a strong position for sellers. Anecdotally, I have been having trouble lately finding homes for sale that fit the wants and needs of my clients. When these homes do come on the market, they are likely to result in near full price or over full price offers as buyers are forced to compete. This bodes well for Big Bear home values as prices will trend higher.