Big Bear Real EstateFor BuyersFor Realty ProfessionalsFor SellersGeneral InformationMarketing Reports June 20, 2013

May 2013 Big Bear Real Estate Statistics/Median Sales Price Up 25.1% According to Trulia!!

Here are the May 2013 Big Bear Real Estate stats.  I have also included links to market trend reports from Trulia showing year-over-year and quarter-over-quarter stats for Big Bear Lake (92315) and Big Bear City (92314).  In Big Bear Lake, the median sales price has risen 10.7% quarter-over-quarter and 25.1% year-over-year!!  The average/sqft has also risen by 21.5%.  In Big Bear City, the median sales price has risen 7.7% quarter-over-quarter and 12.8% year-over-year; while the average $/sqft has increased by 17.5%.  As you can see from the graphs in the links below, prices are still relatively low compared to where they were at the very peak of the market (end of 2006/beginning of 2007); but they are unquestionably headed back up!
Area #Sales Avg. Sale Avg.$/sqft LP/SP DOM
BBC 29 $162,355 $125.72 96% 111
BBL-general 14 $211,564 $203.48 97% 103
BBL-lakeview 11 $526,640 $196.29 97%  40
BBL-lakefront  3 $826,833 $408.39 98% 264
FOX  9 $475,722 $193.39 96% 205
MOON 20 $281,200 $178.29 96% 112
SUGA 10 $127,000 $120.18 95%  81
Also, here’s a link to this weekend’s “What’s Up at 7000ft”.  Highlights this week include the Cowboy Gathering, the 8th Annual JazzTrax Summer Music Festival, and Aaron’s Big Bass Championship Tournament.
Finally, don’t forget that 4th of July is only two weeks away!  If you haven’t done so already, make your plans to see one of the best fireworks shows in Southern California right on Big Bear Lake!!!