February 2020 Big Bear Real Estate Stats/Big Announcement!!
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 18 | $304,817 | $226.88 | 96.2% | 87 |
| BBL | 17 | $513,324 | $266.26 | 98.1% | 154 |
| BBL-Lakefront | 1 | $2,950,000 | $636.36 | 94.9% | 245 |
| FAWN | 0 | NA | NA | NA | NA |
| FAWN-Lakefront | 0 | NA | NA | NA | NA |
| FOX | 6 | $655,383 | $247.08 | 99.1% | 96 |
| MOON | 17 | $537,532 | $275.28 | 96.6% | 118 |
| SUGA | 18 | $204,011 | $232.54 | 97.4% | 96 |
I’m excited to finally be able to announce a project that I’ve been working on for the last couple of months! I have accepted the position as Principal Broker of California for VACASA Real Estate. With approximately 25,000 units managed, VACASA is the largest vacation rental management company in North America and should be largest in the world by the end of this year. VACASA started getting into the real estate world about two years ago and is focusing primarily on vacation rental markets. Because of that, we have unparalleled access to vacation rental histories, vacation rental market trends, and an inventory of homes that are already income-producing vacation rentals. Having both vacation rental and real estate divisions really sets VACASA apart from other national real estate firms and allows a synergy for both homeowners and buyers. Our agents are licensed to buy and sell properties anywhere in California, of course, but we are going to be focusing on resort areas where we have a lot of short-term vacation rental properties, such as Big Bear, Palm Springs, San Diego, Lake Tahoe, etc. Besides the exposure in the vacation rental industry, our VACASA listings will all be listed on our national website (along with cap rates for investors), in multiple boards and MLS’ throughout the state (including Big Bear and the CRMLS for maximum exposure), and include free 3D Matterport photography (something that no other brokerage in Big Bear is offering)!! We already have a great team onboard in Big Bear that did over $50M in sales just last year, so please reach out if you are ready to buy or sell!!
December 2019 Big Bear Real Estate Stats/Top 10 Places in US to Buy a Vacation Rental
Best places to buy a winter vacation home 2019–2020
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 21 | $270,990 | $219.34 | 97.0% | 141 |
| BBL-general | 29 | $427,451 | $283.61 | 97.4% | 112 |
| BBL-Lakefront | 0 | NA | NA | NA | NA |
| FAWN | 2 | $243,000 | $204,900 | 87.5% | 125 |
| FAWN | 0 | NA | NA | NA | NA |
| FOX | 5 | $526,880 | $270.11 | 96.9% | 166 |
| MOON | 20 | $388,190 | $281.30 | 97.6% | 90 |
| SUGA | 13 | $219,423 | $210.28 | 97.7% | 64 |
Have a great week!
November 2019 Big Bear Real Estate Stats
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 16 | $311,494 | $210.17 | 97.5% | 112 |
| BBL | 28 | $420,593 | $256.73 | 96.2% | 91 |
| BBL-Lakefront | 1 | $895,000 | $559.03 | 100.0% | 82 |
| FAWN | 4 | $367,200 | $230.30 | 97.6% | 62 |
| FAWN-Lakefront | 0 | NA | NA | NA | NA |
| FOX | 8 | $480,625 | $288.76 | 97.4% | 101 |
| MOON | 19 | $382,842 | $274.12 | 99.0% | 97 |
| SUGA | 15 | $208,565 | $213.35 | 95.6% | 119 |
October 2019 Big Bear Real Estate Stats
With only two weeks left until Thanksgiving, our inventory is down to 482 single-family residences. That is down about 20% already from the annual peak in August and another 10% from last month. As normally happens at this time of year, the inventory will continue to drop through the fall and winter and usually bottoms out at the end of the winter season. Below are last month’s Big Bear Real Estate statistics.
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 30 | $335,490 | $221.51 | 94.0% | 111 |
| BBL | 29 | $450,776 | $264.60 | 97.7% | 126 |
| BBL-Lakefront | 1 | $1,955,000 | $523.01 | 98.0% | 49 |
| FAWN | 7 | $327,643 | $226.33 | 93.8% | 134 |
| FAWN-Lakefront | 1 | $467,000 | $375.10 | 101.5% | 47 |
| FOX | 13 | $477,500 | $277.37 | 97.5% | 84 |
| MOON | 20 | $428,115 | $278.01 | 97.0% | 115 |
| SUGA | 18 | $211,744 | $230.64 | 97.8% | 84 |
Here’s a link to download this week’s edition of “Live.It.Up”. This week’s edition includes KISS’
Ace Frehley at The Cave, as well as the Thanksgiving Day turkey trot
and Santa’s entrance into the Village and Christmas Tree Lighting on the
day after Thanksgiving!
Live It Up 11.11.19
September 2019 Big Bear Real Estate Stats
As of this morning, we are down to 535 active single family residence listings in the Big Bear MLS. That is down about 10% from our annual peak in August already! There are also another 156 currently in escrow. As you can see from the table below, there were quite a few closings in September and further increases in $/sqft almost across the board, but most significantly in the Big Bear City and Moonridge areas.
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 31 | $271,342 | $229.25 | 97.7% | 76 |
| BBL | 24 | $495,933 | $268.18 | 96.7% | 127 |
| BBL-Lakefront | 3 | $1,030,000 | $401.35 | 91.3% | 247 |
| FAWN | 4 | $324,375 | $262.22 | 96.8% | 56 |
| FAWN-Lakefront | 0 | NA | NA | NA | NA |
| FOX | 6 | $500,917 | $282.53 | 98.3% | 61 |
| MOON | 13 | $444,554 | $298.78 | 98.3% | 104 |
| SUGA | 15 | $225,070 | $230.23 | 98.6% | 77 |
Have a great week!
August 2019 Big Bear Real Estate Stats
Below are last month’s Big Bear Real Estate Single Family residence statistics. The last full month of summer saw relatively large increases in avg. $/sqft in several areas, but especially in Big Bear Lake. We also saw increases in the Sales price to List price ratio and decreases in Days on Market (except with Lakefronts, which always take longer to sell).
| Area | #Sales | Avg.Sale | Avg.$/sqft | SP/LP | DOM |
| BBC | 36 | $259,809 | $221.61 | 98.0% | 79 |
| BBL | 24 | $401,121 | $304.50 | 98.5% | 68 |
| BBL-lakefront | 1 | $875,000 | $366.11 | 97.2% | 163 |
| FAWN | 5 | $384,300 | $293.65 | 97.4% | 78 |
| FAWN-lakefront | 1 | $425,000 | $218.17 | 90.6% | 94 |
| FOX | 10 | $465,200 | $281.98 | 97.6% | 137 |
| MOON | 17 | $431,500 | $269.34 | 98.7% | 59 |
| SUGA | 24 | $212,817 | $227.06 | 98.9% | 63 |
The
calendar may say it’s still summer, but with temps already dropping in
Big Bear, it’s starting to feel a lot like fall. To add to that
feeling, we are already coming up on the third weekend of
“Oktoberfest”. That’s just one of the events in this week’s edition of
“Live.It.Up”:
Live.It.Up 9-20-19
Have a great weekend!
July 2019 Big Bear Real Estate Stats
Below are the last month’s Big Bear real estate single-family residence statistics. The number of sales remained high through the month of July. The number of sales in Moonridge has been surprisingly high for the summer season. As usually happens at the time of year, the inventory seems to have peaked at about 590 properties.
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 30 | $281,850 | $228.73 | 97.5% | 59 |
| BBL | 20 | $394,385 | $256.03 | 96.6% | 92 |
| BBL-Lakefront | 1 | $1,025,000 | $353.33 | 93.6% | 180 |
| FAWN | 2 | $430,000 | $264.81 | 94.4% | 44 |
| FAWN-Lakefront | 0 | NA | NA | NA | NA |
| FOX | 4 | $640,875 | $243.18 | 99.7% | 189 |
| MOON | 23 | $367,626 | $270.81 | 97.7% | 81 |
| SUGA | 15 | $204,600 | $228.04 | 96.4% | 79 |
Have a great weekend!
June 2019 Big Bear Real Estate Stats/Inventory
Below are last month’s Big Bear Real estate stats for single-family residences. Sales have been very strong so far this summer, and as always happens this time of year, the inventory has climbed to 585 single-family residences currently on the market in the Big Bear MLS. This number usually peaks around the second week of August and then starts going back down from there; so if history serves, we have about 2-3 weeks left of peak inventory before it starts going back down again.
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 20 | $303,635 | $214.44 | 97.4% | 92 |
| BBL-general | 14 | $428,429 | $271.38 | 98.1% | 122 |
| BBL-Lakefront | 1 | $1,480,000 | $483.19 | 92.8% | 4 |
| FAWN- general | 2 | $259,000 | $209.22 | 101.3% | 150 |
| FAWN- Lakefront | 0 | NA | NA | NA | NA |
| FOX | 7 | $526,343 | $272.67 | 95.6% | 130 |
| MOON | 26 | $360,896 | $270.21 | 99.7% | 67 |
| SUGA | 19 | $189,437 | $228.59 | 98.6% | 87 |
Here
is this week’s edition of “Live.It.UP” featuring the “Spirits of the
West Brewfest”, ongoing Renaissance Faire, Summer Artwalk in the
Village, and Ted Nugent at the Cave!
Live.It.UP 7-22-28
Have a great weekend!
May 2019 Big Bear Real Estate Stats/New Listings!!
With the official beginning of summer this week, the weather is
beautiful up here in Big Bear with highs in the 70’s and awesome
conditions on the Lake (up almost 9.5ft from last winter)!! Below are
last month’s Big Bear real Estate
stats. As always happens this time of year, the inventory has climbed
considerably since winter (up to a little over 530 condos and
single-family residences) and prices continue to climb, as well, with
the average sale up to $289,910 in Big Bear City and $432,945 in Big
Bear Lake (not including Lakefronts)!!
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 31 | $289,910 | $233.04 | 98.7% | 85 |
| BBL-general | 14 | $432,945 | $265.24 | 98.0% | 106 |
| BBL-Lakefront | 12 | $901,000 | $386.59 | 89.3% | 141 |
| FAWN-general | 3 | $264,833 | $170.81 | 95.7% | 100 |
| FAWN-Lakefront | 0 | NA | NA | NA | NA |
| FOX | 12 | $551,125 | $283.52 | 97.0% | 139 |
| MOON | 24 | $375,946 | $277.42 | 98.5% | 117 |
| SUGA | 9 | $206,000 | $216.14 | 98.6% | 94 |
Finally,
we have some great new listings coming on the market this week, with
something for everyone (from $249.9K to $1.5M). Please see link below
for virtual tours:
Virtual Tours
April 2019 Big Bear Real Estate Stats
Here are last month’s single-family residence Big Bear real estate
stats. There were fairly large increases in $/sqft for Big Bear City,
Big Bear Lake, Moonridge, and Sugarloaf. The lake level also continues
to rise and as of this past Monday, we were only 9.33ft from full.
That’s a gain of over 9ft already for the season, as the creeks continue
to flow! It also puts us almost at the lower limit of the target range
for the water reclamation project, so we are off to a great start
there!
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 39 | $265,300 | $238.16 | 97.2% | 88 |
| BBL | 21 | $424,824 | $283.61 | 98.3% | 85 |
| BBL-Lakefront | 2 | $943,375 | $464.53 | 89.8% | 187 |
| FAWN | 2 | $328,250 | $243.42 | 97.3% | 264 |
| FAWN-Lakefront | 0 | NA | NA | NA | NA |
| FOX | 3 | $454,967 | $211.72 | 95.9% | 160 |
| MOON | 18 | $342,656 | $290.02 | 98.2% | 96 |
| SUGA | 14 | $179,879 | $220.49 | 97.0% | 108 |
Have a great weekend!
