February 2018 Big Bear Real Estate Stats/”Screamin’ Deal” Passes on Sale!

Even with the low inventory, the sales machine keeps chugging along, with further increases in sales price, especially closer to the slopes.  As of this morning, the current inventory of single family residences in the Big Bear MLS still sits at only 286 homes on the market. This has lead to a lower total number of sales with quite a bit of pent-up demand, which is reflected in a relatively rapid sales pace when a properly-priced home hits the market and a high Sales Price/List Price ratio (over 100% in Big Bear City)!

Area	#Sales	Avg. Sales Price	Avg. $/sqft	SP/LP	DOM
BBC	14	$288,071	$213.22	100.2%	122
BBL	13	$462,323	$262.88	98.2%	90
BBL-Lakefront	2	$880,000	$494.82	95.4%	159
FAWN	3	$279,967	$200.09	95.9%	181
FOX	8	$582,463	$247.82	96.1%	75
MOON	8	$354,188	$271.04	97.8%	108
SUGA	14	$179,857	$210.76	96.8%	100

 

2018/2019 season passes are on sale now at Bear Mountain and Snow Summit  This is always advertised as the best deal of the year because you get to ski or ride for the rest of this season, as well as get a low price for all of next season: http://www.bigbearmountainresort.com/season-passes.

Finally, here’s a link to this week’s edition of “What’s Up at 7000ft”/ This week’s highlights include “Bear Break

At Bear Mountain” and “Snow Tubing…Day or Night”.

Have a great rest of your week!