Market Wide Summary Big Bear Real Estate market snapshot for the month of March 2019 The average sales price of single family homes in March decreased by 7% compared to the previous month, though the median sales price was up 5% from February. The average price over Jan-Mar 2019 was 5% higher compared to the average over the first quarter of 2018. List Price vs. Sale Price and Days on Continue Reading
Big Bear Lake Level Is Up
Big Bear Lake Level Is On The Rise "How low will it go?" Last October, the Big Bear Grizzly asked "How low will it go?" in a featured story about the historically low level of Big Bear Lake at that time. The lake level had dropped to 18 feet below full for the first time since the Big Bear Municipal Water District signed an in lieu agreement in 1977, according to MWD General Manager Mike Continue Reading
Big Bear Real Estate Market February 2019
Market Wide Summary Big Bear Real Estate market snapshot for the month of February 2019 The average sales price of single family homes in Big Bear in February increased by 28% compared to the previous month, and the median sales price was up 7%. Both average and median sales prices over Jan-Feb were 5% higher compared to those averages over the first 2 months of 2018. List Price vs. Sale Continue Reading
Why Doesn’t a Big Bear Appraiser Use Price Per Square Foot to Determine Value?
By Rick Hackney, Hackney Appraisal Service "What is the price per sq ft?" I get this question often from Realtors and homeowners. Because this is a common method of comparison, I thought I would explain how appraisers view this approach to value. The price per sq ft is the most familiar method of comparison that many people are aware of. Remember that everything about the property is Continue Reading
Big Bear Real Estate Market January 2019
Market Wide Summary Big Bear Real Estate market snapshot for the month of January 2019 The median sales price of single family homes in January decreased by 13% compared to the previous month, and average sales price was down 11%. However, average sales price in January was 6% higher compared to the average sale price over all of 2018. List Price vs. Sale Price and Days on Continue Reading
Big Bear Real Estate Market 2018
Big Bear Real Estate Market Wide Summary - 2018 The Big Bear real estate market experienced ups and downs in 2018. The average sales price of single family homes increased by 4% compared to 2017. Median sales price was up 8%. List Price vs. Sale Price and Days on Market Properties sold in 2018 went for 98% of the asking price after 92 days on market on average, compared to 98% and Continue Reading
5 Reasons To Sell Your Cabin This Winter
Should You Sell Or Should You Wait? People often ask if it is a good time to sell a Big Bear home during the winter months, or whether they should wait until the spring. While it may seem logical to sell during the traditionally busier warmer season, this is not necessarily the case in Big Bear. Big Bear is a unique market because of its winter resort appeal, and that means Continue Reading
Big Bear Real Estate Market November 2018
Market Wide Summary Big Bear Real Estate market snapshot for the month of November 2018 The average sales price of single family homes in Big Bear in November remained virtually unchanged compared to the previous month, and the median sales price was down 3% from October. Median sales price over Jan-Nov was 10% higher compared to the median sales price over the same period last year. List Continue Reading
Winterize Your Big Bear Cabin
Be wise and winterize! As temperatures get down below freezing in Big Bear, homeowners need to take precautions to protect their cabins from property damage due to frozen broken pipes. Any water pipe exposed to temperatures of 32ºF or below can freeze. Expansion of water as it freezes can generate enough pressure to burst pipes and fixtures. As those pipes thaw, water may Continue Reading
Big Bear Real Estate Market October 2018
Market Wide Summary Big Bear Real Estate market snapshot for the month of October 2018 The average sales price of single family homes in Big Bear in October increased by 18% compared to the previous month, and the median sales price was up 12% from September. Median sales price over Jan-Oct was 11% higher compared to the median sales price over the same period last year. List Price vs. Sale Continue Reading
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