June 2017 Big Bear Real Estate Stats/What’s Up this Weekend
As summer kicks into full gear, we are currently at 538 Single family residences on the market. Last month, there were a total of 147 sold properties and another 207 in escrow (Pending/Back-up). As prices continue to rise closer to the Lake and slopes, the more distant areas are increasing even more, with Big Bear City averaging more than $200/sqft and even Sugarloaf at almost $200/sqft!! As usual, the larger the home, the lower the $/sqft (land value comes less into play), so that explains why the average $/sqft for BBL-lakeview and Fox Farm appear lower, even though the average sale prices increased significantly in those categories.
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 34 | $255,928 | $208.17 | 98.93% | 90 |
| BBL-general | 18 | $383,861 | $245.30 | 97.43% | 119 |
| BBL-lakeview | 7 | $577,224 | $241.35 | 94.71% | 106 |
| BBL-Lakefront | 1 | $1,350,000 | $469.73 | 100.00% | 10 |
| FAWN | 2 | $183,000 | $267.52 | 96.52% | 9 |
| FOX | 5 | $735,980 | $215.42 | 95.47% | 130 |
| MOON | 25 | $359,896 | $253.38 | 96.96% | 99 |
| SUGA | 12 | $169,200 | $196.64 | 99.16% | 74 |
Finally, here’s a link to this week’s edition of “What’s Up at 7000ft”. This week’s highlights include the Crafts & Cranks Brewfest at Snow Summit, Colin Hay of “Men at Work” at the Cave, and the Spirits Of The West
Brewfest at the Big Bear Convention Center.
Brewfest at the Big Bear Convention Center.
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