Big Bear Real Estate Market Wide Summary - 2020 The Year in Review To say that 2020 was an unusual year for the Big Bear real estate market would be a gross understatement. There were 39% more sales transactions in 2020 than in 2019. Average sales price was up 33% and average price per square foot increased by 15%. List Price vs. Sale Price and Days on Market Properties sold in 2020 went Continue Reading
Big Bear Real Estate Market November 2020
Big Bear Real Estate Market Stats for the month of November 2020 Market Wide Summary Sales activity of single family homes in Big Bear stabilized by some metrics in November. The number of sales was the same as the month prior. Inventory remained at historic lows, and bidding wars were not uncommon. The average sales price was down 2% compared to the previous month, and the median sales Continue Reading
Big Bear Real Estate Market October 2020
Big Bear Real Estate Market Stats for the month of October 2020 Market Wide Summary We continued to see unprecedented market activity in Big Bear in October. Inventory dropped to a historic low, and bidding wars were commonplace. For the first time over the past 6 consecutive months, the number of total sales of single family homes was lower than the month prior; down by 23%. The average Continue Reading
Big Bear Real Estate Market September 2020
Big Bear Real Estate Market Stats for the month of September 2020 Market Wide Summary We continued to see unprecedented market activity in Big Bear in September. Sales were up, inventory was historically low, and bidding wars were commonplace. The total number of sales of single family homes was up 10% compared to the prior month. The average sales price was up 15% compared to the previous Continue Reading
Big Bear Real Estate Market August 2020
Big Bear Real Estate Market Stats for the month of August 2020 Market Wide Summary We continued to see unprecedented market activity in Big Bear in August. Sales were up, inventory dropped to historic lows, and bidding wars were commonplace. The number of total sales of single family homes was up 16% compared to the prior month. The average sales price held relatively steady compared to Continue Reading
Big Bear Real Estate Market July 2020
Big Bear Real Estate Market Stats for the month of July 2020 Market Wide Summary We saw unprecedented market activity in Big Bear in July. Inventory dropped to historic lows and bidding wars were commonplace. The number of total sales of single family homes was up 41% compared to the prior month. The average sales price increased by 17% compared to the previous month, and the median sales Continue Reading
Big Bear Real Estate Market June 2020
Big Bear Real Estate Market Stats for the month of June 2020 Market Wide Summary The Big Bear real estate market was hot in June. The number of total sales of single family homes in Big Bear was up 157% compared to the prior month. Inventory is still historically low. The average sales price and price/sq ft were up just 1% up compared to May, though the median sales price was up 17%. Continue Reading
Big Bear July 4th Fireworks Postponed
Following is an excerpt from a press release from Big Bear Lake City Manager, Frank Rush, July 2, 2020. For the most recent updates from the City of Big Bear Lake, click here. JULY 4 FIREWORKS POSTPONED The City has postponed the July 4 fireworks, in response to the recent escalation of the COVID-19 threat in Southern California. The fireworks show will be rescheduled for later Continue Reading
Big Bear Real Estate Market May 2020
Big Bear Real Estate Market Stats for the month of May 2020 Market Wide Summary As restrictions eased and things started opening up, we have seen a significant increase in Big Bear real estate market activity in May. The number of total sales of single family homes in Big Bear was up about 11% compared to the prior month. There were 116% more new listings than what came on the market in Continue Reading
July 4th Fireworks in Big Bear
Following is an excerpt from a press release from Big Bear Lake City Manager, Frank Rush, June 2, 2020. For the most recent COVID-19 info from the City of Big Bear Lake, click here. July 4 Fireworks Decision Expected Later in June The City and Visit Big Bear have partnered this year to produce the annual July 4 fireworks show, and we look forward to continuing this great annual Continue Reading
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