Market Reports

Nov. 26, 2013

Thankful for Big Bear Real Estate Recovery

With Thanksgiving just a few days away, thoughts tend to turn towards things we are thankful for. A few years ago, it was quite difficult to find even silver linings in the world of Big Bear real estate. But over the last two years, since the third quarter (Q3) of …

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Posted in Market Reports
Nov. 10, 2013

Year-To-Date Numbers Show Impressive Growth in Big Bear Real Estate Market

Looking at sales so far this calendar year, we see all four major real estate price measures showing appreciation. 

The average and median sale price of a Big Bear home so far in 2013 is $248,763 and $189,450. This is up from $237,181 and $167,500 last year representing an …

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Posted in Market Reports
Nov. 4, 2013

October's Big Bear Real Estate Numbers

The Big Bear real estate market continues to recover with October posting gains in all four major price measures.

Comparing October of 2012 to October 2013, the average and median sales prices rose 1% and 17% to $237,000 and $191,000 respectively while the average and median price per square …

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Posted in Market Reports
Oct. 28, 2013

Big Bear Lake / East Valley Comparison

One of the first things most realtors do when working with a new buyer is to explain the local geography. In Big Bear, this usually starts with explaining how the valley is separated into two halves; the west side which is often referred to as Big Bear Lake and the …

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Posted in Market Reports, Other
Oct. 11, 2013

Third Quarter Home Sales Show Growth

Now that the third quarter of 2013 is over, there's no better time to take a look at a quarterly history of Big Bear real estate.

Big Bear sales price

From this chart, you can see that as the market turned around in late 2011, we saw a steady rise in prices …

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Posted in Market Reports
Oct. 1, 2013

September Big Bear Real Estate Update

It's hard to believe it is October already! But waking up to 35 degrees on the thermometer this morning really got the message across that change is in the air and winter is right around the corner. But before we shift our focus to snow falling and ski resorts opening, …

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Posted in Market Reports
Sept. 22, 2013

Mortgage Rates Settle as Fed Reassures

A glimmer of good news this week - the Federal Reserve announced that it will not aggressively taper their purchasing of treasury bonds to keep interest rates low. When the Fed announced that they may start tapering their bond purchases last month, interest rates climbed over a full percentage point …

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Posted in Market Reports
Sept. 12, 2013

Inventory of Big Bear Homes for Sale Remains Low

As I have mentioned many times before, the laws of supply and demand are what governs price appreciation in almost all markets, real estate not being an exception. In the Big Bear real estate market, we are continuing to see demand stay strong from homebuyers while the supply of homes …

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Posted in Market Reports
Sept. 3, 2013

August's Big Bear Real Estate Numbers Show Continued Appreciating Values

Labor Day has passed and summer is now behind us. Many people are looking forward to the cooler temperatures and change of season that autumn brings. But before looking forward, let's take a look back at August's real estate numbers and see how home sales in Big Bear fared.

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Posted in Market Reports
Aug. 27, 2013

Pending Home Sales Suggest No Slowing Down For Big Bear Real Estate

As most of you are aware, the real estate market in Big Bear, as well as real estate nationwide, has had a relatively strong comeback after 6 years of record declines. Recently, there have been predictions that the double digit annual appreciation rate that most markets realized last year will …

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Posted in Market Reports