Market Reports

June 2, 2020

May 2020 - Big Bear Real Estate Report

May's sales continued to show the effects of the Covid-19 epidemic with only 49 closings of Big Bear homes. This is down 52% from last May. As mentioned in previous posts, May is the first month where almost all of the closings would have gone into escrow around or ...

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Posted in Market Reports
May 26, 2020

Big Bear Real Estate Report - April 2020

April 2020 is the first full month that quarantine was in place. This should give us a good idea as to the Big Bear real estate market's initial response to the Covid-19 crisis.

Not too surprisingly, looking at a same month comparison, Big Bear home sales took a 58 ...

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Posted in Market Reports
April 6, 2020

MARCH SALES AND PRICES GAIN IN MARCH AMID COVID THREAT

There seems to be two different minds in regards to the Covid pandemic's effects on the Big Bear real real estate market. One is that the economy will suffer greatly with real estate not being an exception. The other is that this event will be short lived and the ...

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Posted in Market Reports
Jan. 16, 2020

2019 BIG BEAR LAKEFRONT MARKET REPORT

Big Bear lakefronts often experience different price and sales trends than those seen in the overall real estate market. There are many reasons why this is the case. 

For instance, lakefronts are far more affected by Big Bear Lake's water levels. Looking at historical sales numbers, sales are ...

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Posted in Market Reports
Jan. 16, 2020

2019 BIG BEAR REAL ESTATE MARKET REPORT

Big Bear home sales as well as all four price measures were up in 2019 compared to 2018.

After 2018 saw an unusual dip, sales rebounded 11% in 2019 with 1241 closings. This was the second highest number of home sales we've seen on an annual basis in the ...

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Posted in Market Reports
Dec. 2, 2019

Big Bear Real Estate Update - November 2019

SAME MONTH COMPARISON

Sales of Big Bear homes stayed steady while price measures rose this November in a same month comparison.

There were 100 Big Bear homes sold this November as compared to to 103 closings in November of 2018.

The average sale price rose 4% to $359,249 while ...

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Posted in Market Reports
Nov. 8, 2019

Big Bear Real Estate - By The Numbers - October 2019

In an October same month comparison, Big Bear home sales were up and prices showed continued appreciation across all measures. 

Sales this October were 12% higher than last October with 137 closings. The average sale price this October was up 7% to $376,682 and the median was up ...

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Posted in Market Reports
Oct. 9, 2019

Big Bear Real Estate Update - 3rd Quarter 2019

Hard to believe that we're already in the 4th quarter of 2019! Let's take a look at the first three quarters and see how the Big Bear real estate market compares to last year.

YEAR-TO-DATE COMPARISON

On a year-to-date comparison, through the first three quarters of 2019 we ...

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Posted in Market Reports
July 10, 2019

Second Quarter Big Bear Homes Sales Show Continuing Strong Market

Because the Big Bear Real Estate market is a relatively small one, I often look to the quarterly sales figures for more accurate guidance as to market conditions. Monthly sales figures can be deceptive as there are sometimes too few sales to get a true picture of the market conditions ...

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Posted in Market Reports
May 8, 2019

April 2019 Year-To-Date Big Bear Real Estate Numbers Show Continued Appreciation and Strong Market Conditions

Big Bear home sales are up 18% so far in 2019 with 364 closing through the end of April. This uptick in sales may be attributed to lower interest rates and a busy winter season due to above average snowfall and the subsequent 9 foot rise in Big Bear Lake ...

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Posted in Market Reports