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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!
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!
March 2019 Big Bear Real Estate Stats
Below are the Big Bear MLS single-family residence stats for the month of March. It’s that wonderful time of year when both the slopes and the Lake are open, so it’s a great time to visit! The Lake is up almost another foot and a half since our last email. Even though the creeks are still running fast and hard, the Lake level (as measured at the dam) won’t change as quickly because the more shallow areas are filling in now and it takes more water to go “up and out” rather than just “up”.
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 30 | $319,313 | $213.21 | 97.6% | 116 |
| BBL | 14 | $433,982 | $274.19 | 97.0% | 96 |
| BBL-Lakefront | 1 | $2,650,000 | $518.90 | 96.4% | 177 |
| FAWN | 2 | $352,500 | $205.94 | 96.6% | 181 |
| FAWN-Lakefront | 0 | NA | NA | NA | NA |
| FOX | 6 | $506,000 | $240.88 | 98.3% | 88 |
| MOON | 12 | $359,814 | $263.59 | 96.4% | 104 |
| SUGA | 9 | $222,422 | $203.24 | 97.8% | 105 |
Here’s
a link to this week’s edition of “Live.It.Up”. This weekend’s
highlights include the season opening of the Lake (I heard the trout are
HUGE this year), “Los Lobos” performing at the Cave, and spring-time
skiing, boarding, and tubing.
Live_It._Up._04_1_2019
Have a great week!
January and February 2019 Big Bear Real Estate Stats/Snow is Falling Again!!
Sorry it’s been a while, but we were in Hawaii at this time last month doing some work on our rental properties out there. Btw, we are planning on selling one of our Kona condos (studio) to buy a little larger unit, so if you know anyone looking for a good cash-flow condo in an oceanfront complex, just let us know! Turned out it was a good time to go, as Big Bear has already received more than 15 inches of rain this season and almost 6ft of snow (and it’s snowing right now as I type this)!! The good news is that the local resorts, vacation rentals, stores, restaurants, etc. are having a great year and the even better news is that the Lake is almost up 7ft already from the beginning of the season!! The creeks/tributary streams are flowing heavily into the Lake and with more snow falling (and more on the way), we should be up about 10ft by the beginning of Summer! This would put us already around the point that the Water Reclamation project was shooting for, so it should make their job much easier to maintain from here on out. This means that some of the shallow-water lakefronts (that had no water the last couple of years) will be able to put their docks back out! In fact, the shallow-water lakefront across the street from us just sold, with multiple offers, after years of having been on the market! If you’ve been thinking about a Lakefront, now may definitely be the time to pull the trigger, if you can find one!! As of this morning, we are down to only 347 single-family residences on the market in the Big Bear MLS.
Since we didn’t do a stats email last month, I thought I would just combine Jan. and Feb. into one chart to give a YTD snapshot of prices so far:
| Area | #Sales | Avg. Sale | Avg. $/sqft | SP/LP | DOM |
| BBC | 29 | $258,000 | $223.63 | 96.8% | 120 |
| BBL | 35 | $505,951 | $259.09 | 96.6% | 88 |
| BBL-LAKEFRONT | 2 | $1,552,500 | $441.70 | 95.9% | 121 |
| FAWN | 6 | $262,417 | $279.32 | 97.4% | 126 |
| FAWN-LAKEFRONT | 1 | $899,900 | $541.13 | 100% | 29 |
| FOX | 8 | $544,988 | $270.05 | 96.3% | 93 |
| MOON | 29 | $372,997 | $283.03 | 98.1% | 92 |
| SUGA | 25 | $190,564 | $198.30 | 96.9% | 104 |
Finally, discounted lift tickets just went on sale for the 2019/2020 season. Please see link below for more details:
“Screamin’ Deal” Season Passes
Have a great weekend!
