September 2016 Big Bear “Sold” and “Pending/Back-up” Properties

Here are last month’s lists of “sold” and “pending/back-up” properties for the month of September. Sales remained strong through September and the number of new listings is balanced out by sales, so the inventory remains about the same as last month at 540 single family residences.
120 Sold:
184 Pending/Back-up:
Here’s an excerpt from a recent article in the Business section of the OC Register about second homes in Big Bear and recent improvements from the Mammoth acquisition:
“Home sales in Big Bear have risen dramatically in the past decade, nearly doubling from a low point eight years ago. In 2008, 472 homes sold between January and August, compared with 810 for the same time period this year, according to a CoreLogic analysis of four area ZIP codes.  The median price – the midpoint of all sales – for the eight- month period was $310,00 in 2007 and fell to a low of $160,500 in 2012. This year it was at $243,500, up 13.5 percent from the same time in 2015.”
Finally, here’s a link to this week’s edition of “What’s Up at 7000ft”.  This week’s highlights include the ongoing 45th Annual Big Bear Lake Oktoberfest, Flashlight Safari at the Big Bear Alpine Zoo, and Mountain Bike Ride to Pioneer Town.
Have a great weekend!
Posted on October 15, 2016 at 6:05 pm
Joe Kovich | Category: Big Bear Real Estate, For Buyers, For Realty Professionals, For Sellers, General Information, Listings, Marketing Reports | Tagged , , ,

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