During my daily perusal through real estate articles and blogs, I ran across a blog post about an interesting company called Weiss Analytics. They create heat maps over time which show the rate of appreciation from area to area within a specific market. As their tagline goes, "You are buying a house, not a market." So knowing not only what a specific market is doing, but what a specific neighborhood is doing, should be of interest to home buyers.
Here is an example of a dynamic map view of prices for Big Bear Lake's zip code, 92315. I found it helpful to start and stop the video to slow down the movement and really look at the month by month change.
Although this map may be better suited to larger markets with more homes, I still thought this was fun to look at.
Here is the map for Big Bear City, zip 92314.
Just another neat way of looking at the Big Bear real estate market.
If you want to check out different zip codes and try their tool which shows individual home prices, go to www.WeissIndex.com .