With another spectacular summer behind us here in beautiful Big Bear Lake, and with home buying attention soon turning away from the lake and towards the ski resorts, let's take a look at how real estate in Big Bear is looking so far through Labor Day 2014.
Comparing sales …
Since late 2011, we have seen the real estate market in Big Bear claw its way back from the bottom of the worst drop in home prices since the Great Depression. For the last three years, with the help of record low interest rates, we have seen prices appreciate at …
Statewide reports are showing that Luxury Homes sales of over $1M hit a seven year high in the second quarter of this year, while home sales of over $2M hit an all-time high! Comparatively, statewide luxury home sales in the $1M plus range are up 9.1% while overall sales in …
Although the number of Big Bear home sales is still down in 2014, prices are still showing strength heading into the second half of the year.
In comparing July 2014 to July of last year, sales are down 16%. This trend is still a likely hangover from the poor …
June's Big Bear real estate numbers are in and the same trends continue - the number of Big Bear homes that sold in June were down compared to June of 2013 but prices have continued their rise.
June 2013 saw 91 homes sell while this year there were only …
Like most items bought and sold, there are traditional busy seasons and slow seasons depending on what is being sold. Up here in Big Bear, it's busy season for selling skis in the winter and selling bikes in the summer. When looking at Big Bear home sales, we see similar …
Lakefront homes are undeniably the most desirable properties in all of Big Bear. As such, lakefront homes in Big Bear are generally the most expensive on both a price per square foot basis as well as in terms of overall price. In fact, per the Big Bear MLS records, the …
It is an annual occurrence to see the number of Big Bear homes for sale increase as we head into summer. But this year we have seen the inventory of homes rise more rapidly than usual. From an outsider's perspective, this might be a cause for concern. But for those …
Big Bear home sales slowed this May but prices continued their ascent heading into our summer months.
This May, there were 62 Big Bear home sales compared to 102 in May of 2013. This 38% decrease in number of sales can be directly attributed to …
Yesterday, I posted a month-to-month comparison for the month of April. Let's now compare what the market has done since January 1st through the end of April this year as compared to that same time period in 2013.
As mentioned yesterday, the number of sales of Big Bear homes …