Big Bear Real EstateFor BuyersFor Realty ProfessionalsFor SellersGeneral Information May 14, 2014

April 2014 Big Bear Real Estate Stats

Here are the Big Bear real estate statistics for the month of April.  The number of sales was down a bit (which usually happens this time of year, with tax time and the closing of the ski resorts), but prices continued to hold strong and even increase further in several areas.  Most notably of these was Sugarloaf, which actually closed out the month at over $150/sqft!  In the BBL-lakeview category, I removed Knickerbocker Mansion, which sold for $1.2M because it was a bed and breakfast and really should have been listed as commercial (or at least mutli-residential) and that small cabin on Cherry that had been on the market for almost 4 years since the roof had collapsed and needed to be demolished within 90 days of closing escrow (sold for lot value at $63K).
Area #Sales Avg. Sale Avg. $/sqft SP/LP DOM
BBC 19 $160,513 $151 96% 87
BBL-general  6 $391,650 $206 98% 82
BBL-lakeview  5 $554,600 $205 94% 87
BBL-lakefront NA NA NA NA NA
FAWN  3 $318,333 $187 94% 207
FOX  3 $429,333 $233 97% 162
MOON 13 $253,923 $221 98%  98
SUGA 15 $132,493 $153 98%  78
It’s the weekend before the unofficial start of summer up here (Memorial Day) and there’s lots to do in Big Bear this weekend.  Highlights include Aaron’s Big Bear Lake Bass Tournament, the 32nd Annual Jim Hall Memorial Trout Classic, and the “Taste of Big Bear Event”.  All these and more can be found in this week’s edition of “What’s Up at 7000ft” below: