Market Reports

Nov. 24, 2012

Big Bear Real Estate Market Rebounds in October

The overall Big Bear real estate market showed definitive signs of rebounding in October with increases across all significant price measures.

When comparing Big Bear home sales this October to last October, the average price increased from $206,000 to $236,000 for a 15% rise in values while the median …

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Posted in Market Reports
Oct. 11, 2012

Big Bear Lakefront Real Estate Market Update

I just ran some numbers for a curious client this morning and thought I'd share a comparison of lakefront sales from last year to this year. Here is a summary.

 

Number of Sales: 2011 - 16 compared to 2012 - 27 (through 10/11)

Average Price: 2011 …

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Posted in Market Reports
Sept. 24, 2012

Optimism Rules in Real Estate News

After years of doom and gloom, it seems like we've finally turned the corner in the market with almost every real estate related story now predicting a nationwide recovery.

Home sales are up, prices are up, new building starts are up, time on market is down, foreclosures - although …

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Posted in Market Reports
Sept. 3, 2012

A Big Bear Real Estate Recovery? The Numbers Say YES!

Labor Day is a benchmark from where I like to compare consecutive years in the Big Bear Real Estate market. This day marks the end of summer, our busiest season for prospective buyers, as well as it is the two-thirds point through the calendar year.

When you compare the …

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Posted in Market Reports
Aug. 30, 2012

Latest Big Bear Lakefront Home Sale Closes at $2.4M

Pulaski lakefront water viewThe streak of homes selling over 2 million dollars in 2012 continued with 350 Pulaski, a 5 bed, 4.5 bath, 6000 square foot deep water lakefront home, closing at $2,400,000 at a value of $400 per square foot. This fully landscaped 24,552 square foot lot offers one of the nicer …

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Aug. 12, 2012

Updated Report Regarding Big Bear Real Estate July Home Sales

In regards to my last post regarding July's Big Bear real estate numbers, a reader asked that I not only do same month comparisons and year-to-date comparisons, but also suggested comparing to the previous month. Although sales tend to be seasonal for Big Bear homes, looking at consecutive months does …

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Posted in Market Reports
Aug. 8, 2012

July Sales Point Towards Big Bear Real Estate Recovery Underway

Looking at July's real estate sales numbers, you can't help but be optimistic that the turn in the market we have been waiting for is finally here! Here are the numbers on a same month comparison (July 2011 to July 2012) and year-to-date comparison. (January 1st through July 31st of …

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Posted in Market Reports
July 5, 2012

Fewer Homes for Sale in Big Bear and Record Low Mortgage Rates are Recipe for Market Rebound

Looking at the number of Big Bear homes for sale during this first week of July, we currently have fewer homes for sale at this time of year than any other year since 2004. We currently have 626 homes for sale in the Big Bear MLS, compared to 831 in …

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Posted in Market Reports
July 3, 2012

Big Bear Real Estate Market Update - first 6 months of 2012

It's hard to believe that 2012 has past the half-way point. Let's take a look at the first 6 months of real estate sales and how they compare to years past.

 

Number of Sales

So far in 2012, there have been 348 sales - 15% more …

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Posted in Market Reports
June 30, 2012

North Shore Lakefront Sells - #15

Big Bear lakefront real estate remained strong by ending the first half of the year with yet another sale.

38634 North Shore Drive, a bank owned 2 bed, 1.75 bath, 1404 square foot lakefront located in Fawnskin, listed originally last October for $428,000. The price reduced to $319,900 over …

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Posted in Market Reports