Is Big Bear, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Bear is a buyer'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

# BEDSNov 2023Nov 2024CHANGE
1 $262K$277.4K
+5.9%
2 $378.5K$359.6K
-5.0%
3 $522K$523.9K
0.4%
4 $686.2K$720K
+4.9%
5+ $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
-1.1%
Big Bear
-3.2%
Green Valley Lake
-4.1%
Fawnskin
-8.3%

Housing Supply in Big Bear, CA

How many homes are available in Big Bear, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
884903+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

# BEDSOct 2024Nov 2024CHANGE
1 5354
+1.9%
2 306314
+2.6%
3 333335
+0.6%
4 125127
+1.6%
5+ 6773
+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 2024Nov 2024CHANGE
104102-1.9%

Asking Price vs. Sold Price

72 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2023Nov 2024CHANGE
57 Days80 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Big Bear, CA

Nearby Markets to Big Bear, CA

What housing markets are near Big Bear, CA?