Market Condition Report, Big Bear Area
- This information provide by Robert Maletti / Chicago Title
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
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The Tim Wood Group- How Do You Complete A Big Bear Property Inspection With 5 Ft. Of Snow On The Ground? February 9, 2010Can’t see embedded video? Click here. The quick answer is you don’t. At least not a complete inspection. If you are buying or selling a home in Big Bear during the winter months, it is best to address the issue of snow covered decks and inaccessible areas upfront, before the inspections are completed. Currently, we are seeing [...]Tyler Wood
- Big Bear Home Sales – January 2010 February 8, 2010As expected, home sales in Big Bear dropped in January. Sales in January represent buying activity in November and December – and peak holiday season = slow home buying season. The median sales price dropped significantly as well. Big Bear Home Sales Home sales in January were down 29% when compared to the December sales (56 v. [...]Tyler Wood
- When’s The Best Time To Sell A House In Big Bear? January 24, 2010Click here if you cannot see embedded video. Guess it depends on how you look at it. The majority of home sales in Big Bear occur in the months between July and October, with the closings following 30-60 days after that. But, this is also when the market carries the largest amount of properties for sale. Another [...]Tyler Wood
- 2009 Big Bear Real Estate Market Recap January 23, 2010The real estate market in Big Bear for 2009 can be summed up in 9 words – Sales up, Prices down but stabilizing, & Inventory shrinking. Did you count? . Big Bear home sales rose 33% in 2009 while the median and average sales prices dropped 17% from the 2008 numbers. Year to Year Comparison Year # of [...]Tyler Wood
- Big Bear Home Sales – December 2009 January 19, 2010Big Bear Home Sales Sorry I’ve been so late on posting these. To say things are busy right now in the Big Bear real estate market would be a huge understatement. So, here we go. Big Bear home sales slipped a bit in December but overall still remain strong. Home sales in December were down 10% when compared to [...]Tyler Wood
- Lack of Buyers? January 9, 2010Click here to see embedded video. Nope. There are actually plenty of buyers out there in this market. There are, however, very few willing to pay the over-inflated asking price of many sellers. The reality is there are very few realistic sellers on the market. We don’t have a lack of buyers. Rather, we have a lack of [...]Tyler Wood
- The Jewel of the San Bernardino Mountains January 7, 2010Okay. You have thought it all out. You have spent a great deal of time working the numbers and speaking with your friends and family. You are ready to take the next step and purchase a cabin in the mountains. Of course you already know about Big Bear Lake, as it is one of the premier [...]Izzy Barden
- Improve Your Price, and Improve Your Selling Opportunities. January 6, 2010The Big Bear Real Estate Market is not unlike any other market – Price is still the best indication of value. The most important piece of information your Realtor will provide is the market price. Get ahead of it, and you will be on your way to your next Real Estate destination. Spending time or money [...]Steve Hirschler
- Big Bear Foreclosure Numbers – November 2009 December 12, 2009Foreclosure filings in Big Bear were down 28% in November 2009 when compared to the previous month. Year over year, foreclosure filings were up 23% from the November 2008 numbers. Notices of default dropped to the lowest number we’ve seen in a year, while notices of sales and trustee sales back to the bank remained [...]Tyler Wood
- Big Bear Home Sales – November 2009 December 6, 2009Big Bear Home Sales Big Bear home sales remained strong in November as the real estate market appears to be hitting its stride. Home sales in November were down 6% when compared to the October sales (88 v. 94), but were up a whopping 76% when compared to the same month last year (88 v. 50). [...]Tyler Wood
- How Do You Complete A Big Bear Property Inspection With 5 Ft. Of Snow On The Ground? February 9, 2010
- Big Bear Lakefront Homes Information
- Monitoring the Water Level in Big Bear Lake (even in the Winter) January 28, 2010Each week I update the water level of Big Bear Lake in the upper right hand corner of this website. I get the information from the Big Bear Municipal Water District’s website (click here to view). As many of you know, the water level has a huge impact on not only property values, [...]Mike Wochner
- Want a Deal along Big Bear Lake? Try this Bank Owned Property January 25, 2010386 Meadow Circle just came back on the market. I expect this one to sell fast! I wrote about this property back in June of 2009 (click here to read). It didn’t sell. It was in escrow and there was complications with the foreclosure process (yes, it’s bank owned), so they took it off the [...]Mike Wochner
- 2 Big Bear Lakefront Properties Go Into Escrow This Week January 17, 201040218 Lakeview Drive and 38817 Waterview Drive went into escrow this week. I wrote about 38817 Waterview’s price reduction last week. Owners dropped the price $800,000 (from $1,800,000 to $999,900) last week and received 5 offers in one weekend. Both properties were dated, on the market for over 1 year and both lots were 17,000+ [...]Mike Wochner
- A Quick Look at Lakefront Sales in 2009 January 12, 2010Average List Price in 2009: $1,411,285 Average Sales Price in 2009: $1,303,290 Average List Price/Sales Price Ratio in 2009: 92% Average Sold Price/Square Foot: $464.14/sqft Average Days on Market in 2009: 228 Days A couple of things to point out: Days On Market can be ambiguous. For instance, the house on Waterview that just got reduced from $1,800,000 to […]Mike Wochner
- $800,000 Price Reduction on 38817 Waterview Drive January 9, 2010The price on 38817 Waterview Drive dramatically dropped today from $1,800,000 to $999,900. That’s a 44% drop in one day! Located towards the end of Waterview near Inspiration Point, this deep water lakefront needs some work but seems to be “priced to sell” now. It sits on a 17,168 square foot lot and has 4 [...]Mike Wochner
- 39364 Aurora Closes Escrow Today December 29, 200939364 Aurora closed escrow today. This was a great deep water lakefront on the point of Metcalf Bay. Wind protected with over 140′ of lakefrontage, this was one of the better ones. Congratulations Jim and Leila….I represented the seller and Tyler Wood in my office represented the buyer. Smooth transaction….wish they were all like this. […]Mike Wochner
- 39645 Lake Drive Closes Escrow December 19, 200939645 Lake Drive closed escrow this past week. Built in 1973, this property needed a little TLC and it was close to Holloway’s Marina…but it had good square footage with 5 bedrooms, a 3 car garage, and 77 feet along the lake. The seller, who is a well known real estate broker down in [...]Mike Wochner
- Back on Market: 651 Cove Drive Falls Out of Escrow December 1, 2009I’m a little surprised to see this property come back on the market. IMO, this is the best value on the lake right now. Listed at $1,499,000 it was purchased in March of 2007 for $1,800,000. Call or email me if you would like more information or if you would like to schedule a time [...]Mike Wochner
- Pending Sale: 39364 Aurora, Big Bear Lake, CA 92315 November 29, 2009The home at 39364 Aurora just went into escrow. Nice property (click here to see multiple photos and a property description). Major reno a year or so ago with panoramic views and deep water. I thought this was the best value for the money, next to 39997 North Shore Drive but it sits on the [...]Mike Wochner
- Got Snow? Big Bear Lake Gets it’s First Decent Snowfall this Winter November 28, 2009Get your snow shovels out….our first decent snow fall occurred this morning as we got 4-5 inches of snow. None of the roads have been plowed yet so be extra careful driving up the mountain and make sure you bring snow chains for your car. RELATED ARTICLES: No Business Like Snow Business (Big Bear Grizzly 11/25/2009) Updated Weather [...]Mike Wochner
- Monitoring the Water Level in Big Bear Lake (even in the Winter) January 28, 2010
- Big Bear REO Blog
- Big Bear Bank Owned Dogfight February 1, 2010 bigbearreo
- Five Great Bank Owned Properties in Big Bear 12/15/09 December 15, 2009 bigbearreo
- Only Fools Rush In December 12, 2009 bigbearreo
- REO Urban Legends November 13, 2009 bigbearreo
- Big Bear Short Sale Update October 27, 2009 bigbearreo
- Big Bear Bank Owned Listing October 22, 2009 bigbearreo
- Big Bear Lake Lakefront Sale October 20, 2009 bigbearreo
- Bank Owned Furnishings October 19, 2009 bigbearreo
- Big Bear Lake Bank Owned Info September 22, 2009 bigbearreo
- Short Sale? Be Careful. August 6, 2009 bigbearreo
- Sugarloaf Blog
- 41295 Lahonton Big Bear Lake, CA 92315 November 22, 2009 Tony Card
- It's Time To Winterize Your Big Bear Cabin. November 21, 2009 Tony Card
- Who is handling your Short Sale in Big Bear? November 14, 2009 Tony Card
- Equestrian Property For Sale in Big Bear Lake, CA November 2, 2009 Tony Card
- October 26, 2009 List of Bank Owned, REO Properties in the Big Bear Valley October 26, 2009 Tony Card
- Do I really need to do the Home Inspection? October 24, 2009 Tony Card
- Your Free List of bank Owned, REO Homes In Big Bear Lake, CA October 19, 2009 Tony Card
- A Happy and Successful Short Sale In Big Bear lake, CA. October 11, 2009 Tony Card
- Geographically Competent Real Estate Agent September 27, 2009 Tony Card
- Big Bear Octoberfest 2009 September 20, 2009 Tony Card
- Things To Do In Big Bear
- Private Cabins in Boulder Bay Area July 30, 2009Boulder Bay is located on the north east side of Big Bear Lake, Ca. surrounded with several large granite boulder's and tall pine trees in amongst the Cabins.The Boulder Bay area is without a doubt, one of my favorite places around the entire Big Bear Lake. The Boulder Bay Area here is defined as starting at the Log Cabin Restaurant on the corner of Big […]noreply@blogger.com (BigBearLaker)
- Free $100 Gift Cards For Visiting Big Bear April 13, 2009If there isn't plenty of good reasons to visit Big Bear during your summer vacation, the Big Bear Lake Resort Association just made it a little more easier to help convince you this is the place to come. Starting on April 20th, the Big Bear Lake Resort Association will be giving away Free Visa Gift Card's Valued at up to $100 for you to use on anyt […]noreply@blogger.com (BigBearLaker)
- Camping In Big Bear April 7, 2009Big Bear Camp Sites Around Big Bear LakeCamping in Big Bear and the nearby San Bernardino National Forest. Before heading into the Forest, it's always advisable to stop in at the Discovery Center on the North Shore of Big Bear and pickup the necessary maps, permits, current fire regulations and a Adventure Pass.The Closest Campground in Big Bear LakeThe […]noreply@blogger.com (BigBearLaker)
- Bowling Barn April 6, 2009There's always a Party at the Bowling Barn!The Bowling Barn in Big Bear lake is not hard to miss when your heading down the main drag on Big Bear Blvd. just North of The Village.The Bowling Barn is Big Bear's one and only Bowling Alley (the alley oops) using the latest score keeping technology. This technology also has a spinning wheel that comes u […]noreply@blogger.com (BigBearLaker)
- Super Bear Arcade April 6, 2009The Super Bear Arcade Center is conveniently located in the middle of The Village of Big Bear on Village Dr. When you first walk into the Super Bear Arcade it kind of reminds you of stepping back in time when pinball machines were still Hot and Space Invader's was the New Video Game on the block. Super Bear Arcade dates back to 1977 which I'm sure […]noreply@blogger.com (BigBearLaker)
- Rent A Cabin In Big Bear April 6, 2009Private Vacation Rentals in Big Bear Lake is the Valley's #1 Industry!Even though there are several really nice Resorts in Big Bear there simply is not enough hotel rooms to accommodate everyone especially during very busy week-ends and Holiday's when the Resorts fill up fast.It is estimated that nearly 50% of all Homes and Cabins in Big Bear are e […]noreply@blogger.com (BigBearLaker)
- Big Bear Golf Course April 2, 2009Big Bear GolfingThe Big Bear Golf Course is owned and operated by the Big Bear Mountain Resorts which also owns both Snow Summit and Bear Mountain Ski Resorts. Big Bear Golf Course is a 9 hole Mountain Course located in the Lower Moonridge Area with the Club House accross the street facing Bear Mountain Ski Resort. The Golf Course was first built in 1921 as […]noreply@blogger.com (BigBearLaker)
- Big Bear Lake Swimming April 1, 2009Swimming Areas in Big Bear LakeIn all the 22 miles of shoreline around Big Bear Lake there is only one public swimming area located at Meadow Park on the South Shore. In addition to the closed in swimming area with lifeguards on duty, Meadow Park also has several picnic and barbecue areas, softball field, tennis courts and two different playground areas.Mead […]noreply@blogger.com (BigBearLaker)
- Alpine Slide-Magic Mountain April 1, 2009The Alpine Slide at Magic Mountain is Big Bear Lakes largest Amusement ParkKeeping consistent with this Four Seasons Community, Alpine Slide is open all year long and changes with the Seasons with the things to do there depending on the time of year your visit Big Bear. The main attraction at Alpine Slide is the quarter mile long bob-sled ride that snakes do […]noreply@blogger.com (BigBearLaker)
- Big Bear Lake Fishing March 31, 2009Fishing in Big Bear LakeThe Fishing is second to none in the San Bernardio Mountains of Southern California. With 22 miles of shore line and several different species of fish, your sure to catch just what your looking for.Big Bear Lake has rainbow trout, large-mouth bass, small-mouth bass, channel catfish, blue catfish, crappie, bluegill and carp all in abun […]noreply@blogger.com (BigBearLaker)
- Private Cabins in Boulder Bay Area July 30, 2009
- Big Bear Real Estate Blog
- January 2010 sales comparison February 3, 2010January is traditionally one of Big Bear’s slowest months for home sales. Keep in mind that January closings are escrows that opened around the holiday season. For most people, the holidays are the busiest and most stressful time of the year, and buying a home is not a top priority. Regardless of being a weak month [...]
- 2010 – Big Bear Real Estate “State of the Union” January 6, 2010Although it’s the start of a new decade, the big economic story of the last ten years had to be the unprecedented fall of real estate. The decline that began somewhere in late 2005 through early 2006 has finally shown signs that things are turning. The following historical sales data can show us just how severe things have been in Big [...]
- November 2009 – Big Bear real estate numbers… December 9, 2009Sales prices in November were mixed, as the median price went up 8% from $206,500 to $222,450, while the average price went down 11% from $294,916 to $262,153, when compared to last month’s sales. The number of sales are down 6% this November, from 94 last month to 88 this month. This decline is expected and is [...]
- October’s Big Bear real estate numbers…. November 1, 2009The number of residential home sales as reported in the Big Bear MLS for October 2009 were 78 – almost identical to the 77 homes that sold in Big Bear in October 2008. What weren’t identical were the prices. When compared to October 2008, the average sale price for a Big Bear home fell 9% to $312,482, while the median price fell [...]
- Big Bear Notices of Default October 13, 2009A response from my last post asked if I could quantify the number of foreclosures potentially hitting the market over the next few months. There is no way you can definitively know how many foreclosures will hit the market, but you might be brave enough to make some assumptions by looking at the Notices of Default that [...]
- Distressed properties still making up large portion of sales… October 12, 2009One factor that many think will be a determinant of when the Big Bear real estate market will turn definitively for the better is when the number of bank owned homes and homes being sold as short sales start to lessen. So far in 2009, we’ve seen distress sales make up anywhere from 34% to 62% [...]
- September Big Bear real estate numbers show sales continue to be strong as prices stabilize October 3, 2009The Big Bear real estate numbers are in for September and things continue to look better. Regarding the number of home sales in Big Bear, this September saw a 9% increase in sales compared to September of 2008. On a month-to-month basis, sales were up 16% from August to September of this year. Prices of homes in Big [...]
- Value declines result in downward price shift September 21, 2009As one would expect with falling prices, there has been a distinct shift in the percentage of homes sold in Big Bear at the lower price range. Reviewing the graph below, you can see that sales under $100,000 have seen a huge jump from 2008. As well, you can see that at about the $200,000 price [...]
- Year-to-date Big Bear real estate market update September 6, 2009Time to take a look at where we stand in the calendar year 2009 compared to where we were this time last year. (All the following numbers are from 1/1 through 9/6 of the year stated.) Number of home sales – 448 in 2008 compared to 618 in 2009 – 38% increase. Average sale price – $336,408 in [...]
- August Big Bear Real Estate Sales Figures September 3, 2009The number of homes sold rose 17% in August of 2009 when compared to August 2008, as the median sale price and average sale price are down 37% and 23% respectively. The price per square foot of sold homes also showed a significant decline when compared to August of last year, with the average price per square [...]
- January 2010 sales comparison February 3, 2010
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