Here are the lists of “sold” and “pending/back-up” Big Bear real estate for the month of Sept.:
As you can see, sales continue to climb and are expected to accelerate even more with the recent Mammoth “merger” and the funding grant for the Rathbun Creek Project in Moonridge. For more info on the Rathbun Creek Project, which is proposed to be a hiking, biking, and equestrian trail from the forest to the Lake, please see link below with information from the most recent meeting on Sept. 20th. This project is expected to bring even more activity and business to the area in the Spring, Summer, and Fall months, along with increased retail opportunities for support businesses, such as bike rental shops, restaurants, etc. Between this and the Mammoth purchase, it’s a great time to own in the Moonridge area!
Over-all, median sales prices have risen 8.4% over the last year in Big Bear Lake and 13.8% in Big Bear City, according to Trulia. In the same period, the average $/sqft has risen 11.1% in Big Bear Lake and 17.5% in Big Bear City (and that was BEFORE the Mammoth purchase was announced)!!! In just the last month, available inventory has dropped approx. 10%! For more stats and graphs, please see link below: