Market Reports

Dec. 12, 2022

Big Bear Real Estate Market Update - November 2022

Real estate sales in Big Bear dropped precipitously this November with only 56 closings compared to 164 last November. But there are reasons this drop occurred. The first reason was the forest fire we had in September which closed the valley to visitors. The second reason was the pending November ...

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Posted in Market Reports
March 7, 2022

2021 YEAR END - Big Bear Real Estate Market Report

The market didn't slow down much in 2021 where demand for Big Bear homes was at all-time highs while the supply of homes fell significantly. This high demand and low supply in the Big Bear real estate market pushed prices even higher after their 2020 record run.

The following ...

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Posted in Market Reports
Dec. 14, 2021

Big Bear Real Estate Report - November 2021 Sales Numbers

Comparing the number of Big Bear home sales from last November to those from this November, sales fell 21% to 160 closings. Although a drop in sales usually indicates a cooling market, that is NOT the case here. Sales have slowed due to the unprecedented lack of homes for sale ...

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Posted in Market Reports
Nov. 1, 2021

Big Bear Real Estate - Third Quarter 2021

Third quarter Big Bear homes prices continued to show significant appreciation for the 4th consecutive quarter reaching all-time highs as shown by the figure below.

Although prices continue to rise, sales are cooling from last year's booming third quarter.

One might think that slowing sales may be a sign ...

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Posted in Market Reports
Oct. 12, 2021

Big Bear Real Estate Numbers - September 2021

Comparing Big Bear home sales this September to those of last September, we continued to see a slow down in purchases with 140 closings this year compared to 251 closings last year. Although this 44% drop in sales may seem significant, we are still well above the 106 home sales ...

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Posted in Market Reports
Sept. 22, 2021

Big Bear Real Estate - August 2021 Numbers

Sales of big bear homes continued to simmer down in August but price measures still showed impressive year over year appreciation.

When comparing Big Bear home sales from August of last year to August of this year, the average and median sales prices of Big Bear homes rose 21% and ...

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Posted in Market Reports
Aug. 9, 2021

July 2021 - Big Bear Real Estate Market Update

Comparing July 2020's real estate numbers to those of July 2021, Big Bear home sales unexpectedly dropped by about 1/3rd to 131 closings. Although sales slowed this July, they were still well above the 105 closings we saw in 2019.

When we compare price measures from July 2020 ...

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Posted in Market Reports
Aug. 2, 2021

Big Bear Real Estate - Mid Year Review

With the first half of the year coming to a close, I thought it would be interesting to compare the first 6 months of 2020, when the pandemic reared its ugly head, to the first 6 months of 2021, when Big Bear real estate saw record high sales and sale ...

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Posted in Market Reports
April 6, 2021

Big Bear Real Estate - 1st Quarter Comparison

2021's first quarter numbers are in for the Big Bear real estate market. Let's compare them to the first quarter of 2020's numbers to see how much things have changed over the incredibly busy year we've had. This should give us a good idea of how ...

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Posted in Market Reports
Feb. 3, 2021

January 2021 Big Bear Real Estate Market Report

Here's a quick update comparing the Big Bear home sales numbers from January 2020 to January 2021.

Sales are up 60% this January to 129 Big Bear homes sold.

The average sale price of Big Bear homes is up 19% to $453,876 while the median sale price is ...

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Posted in Market Reports