February 2012 Big Bear Real Estate Stats

Below are the monthly real estate sales stats on single family residences for the month of February.  As I mentioned in the previous posting, there were 6 lakefront properties that sold last month in Big Bear Lake!  These properties varied from shallow- to deep-water (deep-water is always more expensive, of course); but the average sales price was almost $1.5 Million!  On the other end of our scale, the average sales price in Sugarloaf was only around $102K, so there really is something for everyone in the Big Bear Valley.  The average $/sqft in Big Bear City dropped quite a bit, but that was mostly because there were a couple of serious fixers that finally closed escrow.
 
Area #Sales Avg. Sale $/sqft SP/LP DOM
BBC 20  $107,765  $98.40 95%  89
BBL-general  5  $258,000 $136.92 98% 123
BBL-lakeview  5  $377,100 $187.63 96% 233
BBL-lakefront  6 $1,468,307 $356.53 92% 247
FAWN  0 NA NA NA NA
FOX  4  $435,750 $166.32 93% 189
MOON  7  $245,214 $169.68 96% 237
SUGA  9  $101,988  $99.72 95% 115

Have a great weekend and we’ll talk next when we get back from vacation!

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