$5,878 Closing Credit*
$495,000
1,179 SqFt
3 Beds
•2 Full Baths, 1 Partial
NATASHA NEPOMUCENO, Listing Office: MAKEITHAPPEN REALTY
Is Big Bear, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Big Bear was a Seller's Market.
Key Takeaway
Big Bear is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Big Bear, CA
How much do homes in Big Bear, CA cost?
Median Sold Price
$439,912
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,712(-2.4%)
Key Takeaway
Homes in Big Bear have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Big Bear was $439,912 in October 2024, down 2.4% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $275K | +3.8% |
| 2 Bedrooms | $375K | $357.5K | -4.7% |
| 3 Bedrooms | $515K | $523.7K | +1.7% |
| 4 Bedrooms | $694.2K | $729K | +5.0% |
| 5+ Bedrooms | $1.1M | $921.4K | -16.2% |
Summary: Big Bear housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 16.2%.
Median Sold Price Compared To Nearby Cities
| Cedar Glen | $379K | $480K | +26.6% |
| Skyforest | $445K | $440K | -1.1% |
| Big Bear | $450.6K | $439.9K | -2.4% |
| Green Valley Lake | $350K | $334.5K | -4.4% |
| Fawnskin | $569K | $535K | -6.0% |
Housing Supply in Big Bear, CA
How many homes are available in Big Bear, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 939 | 978 | +4.2% |
Summary: The Big Bear real estate market had 978 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 65 | 63 | -3.1% |
| 2 Bedrooms | 312 | 321 | +2.9% |
| 3 Bedrooms | 361 | 380 | +5.3% |
| 4 Bedrooms | 131 | 140 | +6.9% |
| 5+ Bedrooms | 70 | 74 | +5.7% |
Summary: The Big Bear housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 97 | 101 | +4.1% |
Asking Price vs. Sold Price
59 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Big Bear, you may be able to get a good deal. 58.4% of homes here sold below asking price last month.
Summary: A total of 101 homes were sold or pending in Big Bear in October 2024, up by 4.1% month-over-month. Of the 101 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Big Bear, CA
How long does it take to sell a home in Big Bear, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 70 Days | +17.9% |
Summary: Homes in Big Bear had an average of 70 days on market in Oct 2024, up by 17.9% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Big Bear are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 101 homes were sold in Big Bear; 35% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.