The number of properties sold in Big Bear in 2007 will end up being the lowest amount in more that 20 years. We still have about 10 days left to go but I think it is safe to come out and claim this at this point. The previous low was in 1993 when we had 1,390 sales. As of December 1, 2007 there were 961 total sales in the Big Bear Lake area. I am expecting the final number for 2007 to be close to 1,050 total sales, off by nearly 24% from the 1993 number. Keep in mind that these numbers include all real estate … [Read more...]
2007 Big Bear Real Estate Market – Slowest Year For Sales In The Last 20 Years
December 21, 2007 by 3 Comments
Snow in Big Bear….Finally!
December 10, 2007 by Leave a Comment
The first substantial snow fall for the winter happened this past weekend in Big Bear. We received about 8-12 inches of snow, which was very welcomed. The picture below was taking from my office parking lot this morning looking towards the Snow Summit ski area. This should help kick off the winter tourist season which has been slow up to this point. One obvious question that is asked now is do properties in Big Bear sell better now that there is snow on the ground? Historically speaking, no. The winter months … [Read more...]
Big Bear January 07′ sales numbers not so hot
March 2, 2007 by Leave a Comment
The numbers for the Big Bear real estate market for January 2007 look pretty bad....for sellers, that is. According to the local First American Title Co., there was a total of 77 units that sold during this time frame (Download first_american_jan. 07.xls {Excel doc. 1.61 MB}). That number is down 45% from the January 2006 numbers of 139 total units closed. This makes January 2007 the slowest month in the last 10 years for sales numbers. To really understand the numbers though, this stat refers to the number of … [Read more...]
