April Sold and Pending Property Lists/Trulia Market Trends for Big Bear Lake

Hi folks,
Below are the lists of “sold” and “pending/back-up” properties for the month of April.  Following the usual trend, the number of sales tends to drop a bit after the slopes close until kids get out of school in mid-June, when the market really starts picking back up for summer.  Accordingly, the inventory has risen a bit to 468 SFR’s, as of this morning.  That means it’s currently a good time to buy (lower demand and higher inventory)!
98 Sold:
191 Pending/Back-up:
XPROP – Multi Row View
Below is a graph from Trulia showing the average $/sqft in Big Bear Lake going back to the year 2000.  As you can see, prices continue to steadily rise, but we still have a ways to go to reach the peak from 2006.
Avg $ per sqft
Finally, here’s a link to this week’s “What’s Up at 7000ft”.  This weekend’s highlights include the Hall Family May Trout Classic, the opening of the Bear Mountain Golf Course Driving Range, and “Moonshine Bandits” performing at The Cave.
Posted on May 11, 2016 at 11:13 am
Joe Kovich | Category: Big Bear Real Estate, For Buyers, For Sellers, General Information, Marketing Reports | Tagged , , ,

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