Most Big Bear lakefront home buyers think that once summer is over and temperatures start dropping that lakefront sales wain. In fact, the opposite is true. Take a look at the following graphs regarding lakefront home sales over the last 10 years.

Big Bear Lakefront Sales Per Month

Big Bear lakefront sales per quarter

The first graph clearly shows that 2 of the busiest 3 months for lakefront sales annually are October and November. This is what makes the 4th quarter of the year the busiest time of year for waterfront home closings.

Why would this be? Doesn't it make more sense that buyers would be focused on buying a lakefront during the hot, summer months when lakefronts are most attractive? What I have found over the years is that it is during those hot summer months, buyers begin looking for their lakefront home. Many of these buyers take several months familiarizing themselves with Big Bear's lakefront market before being comfortable enough to know what is available at what price and start to understand the different features that are most important to them.

So what does this mean for Big Bear lakefront home buyers and sellers?

Buyers need to be aware that when new Big Bear lakefronts come on the market, they might go fast, as many other competing buyers are still in the marketplace. As well, if you've been eyeing a particular property but are hesitating thinking that the seller will likely drop their price heading into the colder winter months, don't be surprised if that property suddenly ends up in escrow with another buyer.

For those selling a Big Bear lakefront home, this means that you've entered the busiest time of year for sales, and that just because temperatures are dipping below freezing at night, that doesn't mean there aren't any buyers still looking for their ideal lakefront home. If you are thinking about listing your lake front home, know that the market is just heating up and there's plenty of opportunity towards the year's end to get your waterfront home closed.