Jun 12

Foreclosure Trends for Big Bear Lake 92315

Jun 05

How’s the Real Estate Market in Big Bear? June 2012

Being a Realtor in Big Bear, I get asked that question often. Real Estate is local and just like the weather, Big Bear is unique.

The short answer is that we have some good news for sellers.

Currently we have a low inventory of active listings (608 units). With 198 listings that are pending, contingent, or active contingent (short sales waiting for bank approval). These numbers are good news for sellers, last year we had less pending and more active.

Year to date we have had 357 closed residential sales, compared to 312 over the same period in 2011. (14.4% increase) Good news for sellers.

Valley wide the average price sold was $240,468 this year versus $240,023 last year. (flat) Price per square foot this year is $140.19 versus $150.33 last year. (6.74% down)
Not great news for sellers, but the average price sold is holding.

We still have a large percentage of cash buyers, with this years sale YTD having 31.6% cash versus last year YTD 36.5%

The price differential is still holding at 95% list to sale price.

Distressed properties (foreclosures and short sales etc) made up 46% of the closed sales this year compared to 48% last year YTD. Traditional sellers are still the top category here in Big Bear.

If you would like to discuss the Real Estate market here in Big Bear, please give me a call.

Steve Hirschler
909 725 5889

May 15

Foreclosure Trends for Big Bear Lake 92315

92315 Foreclosure Trends

Apr 13

Foreclosure Trends for Big Bear Lake CA 92315

Mar 13

Foreclosure Trends for Big Bear Lake

Jan 13

Foreclosure Trends for Big Bear Lake, CA 92315

Nov 08

Moonridge Real Estate Video Minute / Big Bear Area


These are the statistics for the 16 homes sold in the past 30 days in Moonridge area of Big Bear.

  • 10 of these homes were traditional sellers.  (62.5%)
  • 6 of these homes were REO Foreclosures. (37.5%)
  • None of these homes were short sales.

The price differential of 95.24% tells us that homes that are priced well get offers within 5% of the asking price. With a median price sold of $196,000, Moonridge is quite affordable for most buyers in this market.

Please give me a call if you would like more information on the Moonridge Area, or any Big Bear Real Estate.

 

Steve Hirschler

909 725-5889

Oct 11

Big Bear Lake Foreclosure Trends

Jul 30

What’s Selling in Big Bear?

Steve Hirschler
Market Specialist, Inventory Expert,
Big Bear Real Estate Agent
Coldwell Banker
The Tim Wood Group
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
DRE#01703081
stevehirschler@gmail.com
909 866-3481 EXT. 217
CELL 909 725-5889
Fax 909 866-3531