Happy New Year!! With the two weeks around Christmas and New Year’s coming to an end, our “sleepy little town” is looking forward to a little break in the action before the next weekend rolls around. We haven’t seen the final numbers yet, but for those of us who have lived up here for a significant amount of time can … Continue reading →
It’s that time of year already! Snow Summit opens tomorrow and Bear Mountain is scheduled to open for weekends only until Dec.7th, starting next Friday. Below are last month’s Big Bear real estate statistics. It was a busy month for what is usually one of the slower months of the year, but keep in mind that most of the listings … Continue reading →
With the beautiful color of changing leaves and our first dusting of snow at the higher elevations last weekend, it’s definitely beginning to feel like fall in Big Bear! As we normally mention at this time of year, we are at the point where inventory is still relatively high (503 single-family residences in the Big Bear MLS) and activity drops … Continue reading →
Below are the monthly Big Bear real estate single family residence statistics for the month of July. The inventory appears to have reached it’s peak for the year. We were at 537 single family residences last Monday and 540 this Monday. Since most sellers put their properties on the market at the beginning of the season, there are usually much … Continue reading →
As we rapidly approach the beginning of our summer selling season (usually right around the 4th of July), here are the Big Bear single-family residence stats for last month. As of this morning, the Big Bear MLS residential inventory is at 474 active properties on the market. As usual, many sellers put their houses on the market in the Spring … Continue reading →
With the summer season quickly approaching, I thought I would send out a quick breakdown of the properties that have sold so far, since the beginning of the year. As usual, the vast majority of homes sold were in the $500K and under range. That’s usually the range that most people are able to afford for a second home and … Continue reading →
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 … Continue reading →
We hope you’re having a great year so far! Sorry we haven’t sent out any emails yet this year, but we’ve been in Hawaii for the last 6 weeks “tending to” some vacation rentals that we own out that way. With the inventory being as low as it has been in Big Bear, we figured it was a good time … Continue reading →
Hi folks! Here are the monthly stats for Big Bear real estate for the month of July. Sales prices continue to rise and are expected to do so even more, especially with the recent purchase of our local resorts by Aspen/KSL. Below is a link to an interesting graph from Trulia, which shows that, in Big Bear Lake (92315), the … Continue reading →
Hi folks! After receiving our annual “Mother’s Day snow” this past Sunday (the early May/late season snow that we receive almost every year), the weather is warming back up to match the housing market. Late April was unseasonably warm (both the weather and the market). Part of this appears to be caused by the increasing pace of the housing market, … Continue reading →
Hi folks! Here are last month’s lists of “sold” and “pending/back-up” properties. Sales in the first month of Spring continued to be very strong and were especially high, given the historically low inventory. In total, there were over 300 properties either sold or in escrow! If you didn’t have a chance to watch our latest episode of HGTV’s “Log Cabin … Continue reading →
January officially went down as the snowiest January on record up here (surpassing the previous record in 1979) and the record snow has brought record crowds. That’s not great news for traffic, but it’s fantastic news for vacation rentals, the lake level (up 30″ already!), real estate sales, and prices. Last month there were 100 properties sold and another 166 … Continue reading →
We made it through another holiday weekend and, so far, it’s been the busiest winter season we can remember up here! Between the changes made by Mammoth and the great snowfall we’ve gotten so far (not to mention the additional 2-4ft we’re supposed to get by next Tuesday) the number of visitors has dramatically increased. More visitors always bring more … Continue reading →
Hi folks! We got a little fresh snow this weekend and the resorts are already packed! As always happens at this time of year, the number of sales increases around the ski resorts and drops off closer to the Lake. In addition, the inventory has dropped to only 426 single family residences already, so it’s on track to reach a … Continue reading →
Here are last month’s stats for Big Bear real estate in terms of single-family residences (cabins and homes). As normally happens in the fall, attention starts turning toward the areas around the slopes (Summit Estates and Moonridge), so it’s a great time of year to buy closer to the Lake (or list closer to the slopes)! Area #Sales Avg. Sale … Continue reading →