$4,691 Closing Credit*
$395,000
864 SqFt
2 Beds
•1 Full Bath
Nelu Ardeljan, Listing Office: Riviera Realtors & Associates
Is Big Bear, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$440,161
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,650(-3.2%)
Key Takeaway
Homes in Big Bear have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Big Bear was $440,161 in November 2024, down 3.2% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $262K | $277.4K | +5.9% |
| 2 Bedrooms | $378.5K | $359.6K | -5.0% |
| 3 Bedrooms | $522K | $523.9K | 0.4% |
| 4 Bedrooms | $686.2K | $720K | +4.9% |
| 5+ Bedrooms | $1.1M | $930K | -18.5% |
Summary: Big Bear housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Skyforest | $445K | $440K | -1.1% |
| Big Bear | $454.8K | $440.1K | -3.2% |
| Green Valley Lake | $350K | $335.5K | -4.1% |
| Fawnskin | $567K | $519.9K | -8.3% |
Housing Supply in Big Bear, CA
How many homes are available in Big Bear, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 884 | 903 | +2.1% |
Summary: The Big Bear real estate market had 903 homes for sale in November 2024, a 2.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 53 | 54 | +1.9% |
| 2 Bedrooms | 306 | 314 | +2.6% |
| 3 Bedrooms | 333 | 335 | +0.6% |
| 4 Bedrooms | 125 | 127 | +1.6% |
| 5+ Bedrooms | 67 | 73 | +9.0% |
Summary: The Big Bear housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 | 102 | -1.9% |
Asking Price vs. Sold Price
72 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
15 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. 70.6% of homes here sold below asking price last month.
Summary: A total of 102 homes were sold or pending in Big Bear in November 2024, down by 1.9% month-over-month. Of the 102 sold homes, 71% were sold under asking, 15% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 80 Days | +40.9% |
Summary: Homes in Big Bear had an average of 80 days on market in Nov 2024, up by 40.9% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Big Bear are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 102 homes were sold in Big Bear; 33% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 35% 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.