April's sales of Big Bear homes continue to show the lasting effects of an unusually slow winter season with the number of closings dropping from 92 sales in 2013 to just 72 this year. This 22% drop in sales is consistent with the slowdown we saw last month. With an …
The number of Big Bear homes for sale is on the rise while sales have cooled off so far this year. Normally, this trend might be a concern as the supply of homes on the market is increasing while the demand to purchase Big Bear homes is decreasing. If this …
The lack of snow and unseasonably warm winter weather finally showed its impact on real estate sales with the number of home sales falling 35% this March as compared to March 2013. With the average escrow period being 30-60 days, March closings represent homebuyers who were looking for properties and …
Consequent to the last post regarding a February comparison of sales, doing a year-to-date comparison of Big Bear home sales broadens the sample size and might give us a more accurate idea of where the market stands as compared to last year. Being that Big Bear real estate sales are …
February saw a continued decrease in the number of sales on a same month comparison. This February's sales were down 12% from last year dropping from 76 closings in 2013 to 67 this year. As previously mentioned, sales have been down slightly over the past few months due to the …
The first numbers for 2013 are in and on a same month comparison basis, home values are still showing impressive year-to-year growth while the number of sales in January slowed down.
The average Big Bear home price rose from $207,697 in January of 2013 to $236,711 in January 2014 …
The last day of 2013 is finally here and tomorrow marks the beginning of a whole new year for Big Bear real estate. So let's take a look back at how 2013 fared compared to previous years.
Number of Sales
The number of Big Bear homes …
2013 has been the best year yet for home sales in Big Bear since the market went cold in 2006 and the Great Recession soon after took hold. In fact, you'd have to look back to 2005 to find a year in which more Big Bear homes were sold. Take …
Over the past few years, we have seen distressed properties disappear from the Big Bear real estate market much faster than anyone expected. Once the driving force behind declining home values, foreclosures and short sales now make up a relatively insignificant part of home sales in Big Bear and no …
Although we saw fewer homes sell this November compared to last November, prices continued to rise as the DOM (Days On Market) for Big Bear homes decreased.
The average and median sale price for a Big Bear home this November rose 16% and 32% from last November to $256,273 …