As I frequently mention in my blog, real estate often boils down to Economics 101, particularly in regards to the theory of supply and demand.

When there are a lot of homes for sale (high supply) but very few people who are looking to buy those homes (low demand), …

After reviewing my last post, a few readers reached out and asked if I could break Big Bear home prices down on a yearly basis. Here are a few graphs in this regard.

Here's the yearly average and median sale prices of Big Bear Homes per the Big Bear …

With the last business day of 2017 behind us, I reviewed the market numbers for this year to see how we fared compared to last year. I also took a look at where we are from a longer term perspective.

Here are a few graphs that tell the big …

Per my previous blog post, here are some graphs that help visualize the history and current state of the Big Bear lakefront real estate market.

You'll can see in the above figure that sales rebounded from last year's 15 year low. This slow sales rate was due to …

With the year near its end, I wanted to take a quick look at the Big Bear lakefront real estate market to see how activity and waterfront home values fared compared to last year. 

The number of lakefront home sales is up 33%, from 14 last year to 21 …

The Big Bear real estate market stayed on a tear this November with sales of Big Bear homes up 35% as compared to November of last year.

In addition, the average sale price is up about 6% to $325,549 and the median is up almost 8% to $285,000. The …

October sales were up 33% over last October with 157 closings of Big Bear homes.

Prices of Big Bear homes continued to appreciate with the average and median sales prices up 6% and 12% to $359,543 and $285,000 respectively. Meanwhile, the average and median prices per square foot were …

The number of Big Bear homes sales increased significantly in a September same month comparison as did all four price measures.

Home sales this September were 37% higher than last year with 168 closings. The average and median sales prices were up a remarkable 18% and 13.5% to $347,093 …

Looking at the Big Bear real estate market from a year-to-date perspective, we see continued single digit price appreciations even though sales are up an home inventory is down.

There were 846 Big Bear home sales through August 31st of this year compared to just 645 during the same …

There were 141 Big Bear homes sold this August as compared to last August's 103 sales representing a whopping 37% rise in home buyer activity. As a result of this vigorous buyer activity, the inventory of Big Bear homes for sale is extremely low for this time of year with …