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Big Bear Real Estate Market off to solid start in 2020!

Residential sales in Big Bear were up 9% year over year during the first quarter of 2020, while the average sales price was up 6% as per the Big Bear MLS.  There were 270 residential sales from January 1, 2020 to March 31, 2020 vs. 247 sales during the same time last year.  The average sales price rose from $364,000 in 2019 to $386,000 in 2020.  The average days on market went up a modest 11 days year or year.   Given all of the craziness with COVID, it's important to note that the Big Bear real … [Read more...]

Patty’s Picks of the Week

Here are my top picks of the week! Simply click on the highlighted link to see the details on the "best in show" properties! Under $100K: 249 Highland: Nice, open floor plan hosting nearly 1,000 square feet of living space. 2 bedrooms, 1 1/2 baths, laundry hook ups, lots of windows, on a large 4,000 square foot lot make this a great buy at $79,900. $100K-$200K: 39202 Sioux: Fabulous Fawnskin living! This home gives you a feeling of seclusion! Very close to the National Forest and lake, 3 bedrooms and 1 1/2 … [Read more...]

Patty’s Picks of the Week

Here are my top picks of the week! Simply click on the highlighted link to see the details for the "best in show" properties! Under $100K: 422 Kern: This is a nice little property with 2 bedrooms, 1 bath, large kitchen, corner fireplace, front & back deck with a fenced in back yard for under $75K. New paint, carpet, and vinyl makes this property attractive and it will go quickly! $100K-$200K: 912 Nana: This log style cabin can be yours for only $175K. Located in Big Bear City and built in 2005, this 3 … [Read more...]

Patty’s Picks of the Week

Here are my top picks of the week! Simply click on the highlighted link to see the details for  the "best in show" properties. Under $100K: 2085 Mahogany: Built in 1982, nearly 1000 sq. feet of comfortable living area, fenced in yard, with a two car garage, for only $99,500! $100K-$200K: 899 Brier Trail: Atmosphere, atmosphere, atmosphere...and LOCATION!!! This charmer is like an updated government lease, but YOU own the land. The National Forest is your backyard in this tranquil Big Bear Lake location. Very … [Read more...]

Big Bear Home Sales – June 2009 And Second Quarter 2009

Big Bear Home Sales Home sales in Big Bear rose over 37% in June when compared to the May numbers (77 v. 56), and over 24% when compared to June 2008 (77 v. 62). This is great news for the Big Bear real estate market.  In fact, June was the best month for home sales that we have seen since Sept. 2008. 25, or 32%, of the 77 home sales in Big Bear were bank owned. This is a little higher than last month, but still well below the 50% mark we were seeing earlier in the year.  5 of the sales, or 6%, were short … [Read more...]

Big Bear Real Estate Monday Market Update For 5/4/2009

Below is your weekly update for the Big Bear real estate market as of 5/4/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 893 -8 136 +9 228 +12 VACANT LAND 370 -1 11 +1 10 0 CONDOS 56 +12 6 0 7 0 GOVERNMENT LEASE 12 -1 2 +1 0 0 COMMERCIAL & RES INVESTMENT 60 -2 5 0 5 0 BUSINESS OPPORTUNITY 14 -1 1 0 0 0 TOTAL 1405 -1 161 +11 250 +12 These are the quick stats for the week - 38 new residential … [Read more...]

Big Bear Real Estate Monday Market Update For 4/27/2009

Below is your weekly update for the Big Bear real estate market as of 4/27/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 901 +13 127 -6 216 +23 VACANT LAND 371 -6 10 0 10 +2 CONDOS 44 +2 6 +1 7 +1 GOVERNMENT LEASE 13 0 1 +1 0 0 COMMERCIAL & RES INVESTMENT 62 -3 5 0 5 +1 BUSINESS OPPORTUNITY 15 0 1 0 0 0 TOTAL 1406 +6 150 -4 238 +27 These are the quick stats for the week - 42 new residential … [Read more...]

Big Bear Real Estate Monday Market Update For 4/20/2009

Below is your weekly update for the Big Bear real estate market as of 4/20/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 888 -3 133 +4 193 +11 VACANT LAND 377 +3 10 -1 8 +1 CONDOS 42 -6 5 +3 6 0 GOVERNMENT LEASE 13 -1 0 0 0 0 COMMERCIAL & RES INVESTMENT 65 +4 5 0 4 0 BUSINESS OPPORTUNITY 15 0 1 0 0 0 TOTAL 1400 -3 154 +6 211 +12 These are the quick stats for the week - 31 new residential … [Read more...]

The Right Asking Price Makes All The Difference

I talk with a lot of home sellers in Big Bear. Some are thinking of selling, and some are trying to sell right now.  The conversations are really not all that different.  Most of the time, it comes down to the pricing. Here are a couple videos I did over the past week relating to selling a home in Big Bear.  See if you can guess what the common theme is for both of these. [viddler id=2d5f7e69&w=545&h=349] This real estate market is for serious sellers only.  That's why banks make up more than 50% of … [Read more...]

March 2009 – Foreclosure Numbers For The Big Bear Real Estate Market

Notices of Default (NOD) in Big Bear eclipsed the 100 mark for the first time in history during March 2009. Up 13% from the previous high of 95 NODs in February 2009, the new record set in March was 107 NODs.  This means more and more properties in the Big Bear area going into default, a majority of which will most likely be bank owned in 6-12 months. While the NODs were up, the Notices of Sale (NOS) and the number on properties that went back to the bank were down. NOSs were down 13% in March, from 68 in … [Read more...]