Big Bear Real EstateFor BuyersFor Realty ProfessionalsFor SellersGeneral InformationMarketing Reports March 15, 2013

Feb. 2013 Big Bear Real Estate Stats/What’s up for St. Patrick’s Day!

Hi folks!

Before I forget to mention it, the “Screamin’ Deal” season passes went on sale this week for both resorts.  These are always the best prices of the year and good for the rest of this season, all summer long on the scenic sky chair (for mountain biking, hiking, or just sight-seeing), and all next winter season!!!
Below are the monthly Big Bear Real Estate sales stats for February.  Once again, we saw month-over-month increases in average $/sqft in almost all of the areas that we track.  Looking at the over-all data from Trulia, we see a 9.0% year-over-year increase in avg. $/sqft for Big Bear Lake and an additional 1.7% increase for median sales price.  When you break it down further and look at the types of properties, there was a 14.3% increase for 1-bedroom cabins, 3.2% increase for 2-bedroom cabins, and a 31.0% increase for 3-bedroom cabins!!!  This reinforces the fact that most sales are being made in the lower (under $500K) price range and that the luxury homes are taking a little longer to recover.  To see the full report with graphs, please click here: Trulia Sales Stats – Dec.2012-Feb.2013

Area # Sales Avg. Sale Avg. $/sqft LP/SP DOM
BBC 19 $144,147 $125.24  97%  83
BBL-general 13 $331,800 $165.86  96% 124
BBL-lakeview  3 $536,333 $207.56  98%  53
BBL-lakefront  1 $595,000 $521.02 100%  22
FAWN  3 $145,500 $156.84  90% 175
FOX  5 $721,980 $240.32  96%  53
MOON 13 $276,684 $188.34  96%  96
SUGA 11 $108,050 $111.21  97%  88

Finally, below is a link to this weekend’s “What’s Up at 7000ft”, featuring all kinds of events for St. Patrick’s Day, along with snowboard competitions and KROQ at the Mtn:

what’s up 03-16-13

Have a fantastic weekend!