Is Big Bear City, 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 City was a Seller's Market.
Housing Prices in Big Bear City, CA
How much do homes in Big Bear City, CA cost?
Median Sold Price
$500,444
$404/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Big Bear City was $500,444 in March 2024, up 0.1% from last year, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $267K | -13.9% |
2 Bedrooms | $399.9K | $398.6K | -0.3% |
3 Bedrooms | $580K | $590K | +1.7% |
4 Bedrooms | $765K | $849.9K | +11.1% |
5+ Bedrooms | $1.1M | $1.2M | +9.5% |
Summary: Big Bear City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.9%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in Big Bear City, CA
How many homes are available in Big Bear City, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
476 | 530 | +11.3% |
Summary: The Big Bear City real estate market had 530 homes for sale in March 2024, a 11.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 31 | 30 | -3.2% |
2 Bedrooms | 139 | 168 | +20.9% |
3 Bedrooms | 188 | 199 | +5.9% |
4 Bedrooms | 67 | 73 | +9.0% |
5+ Bedrooms | 51 | 60 | +17.6% |
Summary: The Big Bear City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 | 61 | -9.0% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in Big Bear City in March 2024, down by 9.0% month-over-month. Of the 61 sold homes, 66% were sold under asking, 18% were sold at asking, and 16% were sold over asking.
Days on Market for Big Bear City, CA
How long does it take to sell a home in Big Bear City, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 81 Days | +13.0% |
Summary: Homes in Big Bear City had an average of 81 days on market in Mar 2024, up by 13% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 61 homes were sold in Big Bear City; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.