Is Big Bear, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$452,305
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Big Bear have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Big Bear was $452,305 in March 2024, down 1.3% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $265K | -7.0% |
| 2 Bedrooms | $377.2K | $374.7K | -0.7% |
| 3 Bedrooms | $531.3K | $535K | +0.7% |
| 4 Bedrooms | $705K | $721K | +2.3% |
| 5+ Bedrooms | $1.0M | $1.0M | +0.7% |
Summary: Big Bear housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Cities
| Big Bear | $458K | $452.3K | -1.3% |
| Green Valley Lake | $349.5K | $344.9K | -1.3% |
| Fawnskin | $585.7K | $569K | -2.9% |
| Skyforest | $499.5K | $435K | -12.9% |
Housing Supply in Big Bear, CA
How many homes are available in Big Bear, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 617 | 697 | +13.0% |
Summary: The Big Bear real estate market had 697 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 43 | 49 | +14.0% |
| 2 Bedrooms | 197 | 225 | +14.2% |
| 3 Bedrooms | 230 | 250 | +8.7% |
| 4 Bedrooms | 86 | 97 | +12.8% |
| 5+ Bedrooms | 61 | 76 | +24.6% |
Summary: The Big Bear housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 24.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 87 | 86 | -1.1% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
16 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. 58.1% of homes here sold below asking price last month.
Summary: A total of 86 homes were sold or pending in Big Bear in March 2024, down by 1.1% month-over-month. Of the 86 sold homes, 58% were sold under asking, 23% were sold at asking, and 19% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 75 Days | +1.8% |
Summary: Homes in Big Bear had an average of 75 days on market in Mar 2024, up by 1.8% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
29 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 March 2024, 86 homes were sold in Big Bear; 36% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 34% 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. 
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.