I hope everyone caught this week’s episode of “Vacation House for Free” on HGTV. This wasn’t the episode that we filmed, but it did do a great job of showcasing Big Bear and the great rental market! Keep in mind, though, that those buyers closed escrow a year and a half ago and prices have changed quite a bit since then. Below are last month’s statistics for Big Bear real estate sales. Average $/sqft increased again from the previous month in the majority of the areas that we track. The main exception is the one lakefront that sold last month, but it was in a gated community that does not allow vacation rentals and on a shallow part of the Lake, so that’s why the $/sqft was so low for that one at $330.22.
|Area||#Sales||Avg. Sale||Avg. $/sqft||SP/LP||DOM|
Here are two links that might be of interest. The first one is to the virtual tour for an amazing, new, deep-water lakefront listing that we just put on the market this week and the second is for this week’s “What’s Up at 7000ft”, with highlights including the Grizzly 100 Race, the “Spirits of the West” Brewfest, and the Big Bear Bass Tournament.