December 2019 Big Bear Real Estate Stats/Top 10 Places in US to Buy a Vacation Rental
Hi folks!
Below are last month’s Big Bear real estate stats for single-family residences. As you can see, we finished off the decade on a high note, with a relatively large number of sales, especially for a holiday month. With the large number of sales, this morning’s inventory is down to only 337 properties! As we come up on Martin Luther King weekend, I thought i would share an article on the top 10 locations in the U.S. to buy a vacation rental investment property this winter (spolier alert: Big Bear is #10; although, I think that if they had combined Big Bear Lake and Big Bear City into one area, we would have been higher)!
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!
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