Justin Tye

Big Bear Lake, CA

Single-Family Homes

Active Realty I REAL



Big Bear Lake, CA

Fri Jun 21 2024
This week the median list price for Big Bear Lake, CA is $699,999 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has increased to 295. Click here to stay informed with the Big Bear Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Big Bear Lake, CA

Fri Jun 21 2024
This week the median list price for Big Bear Lake, CA is $699,999 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has increased to 295. Click here to stay informed with the Big Bear Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Big Bear Lake market.
Median List Price $699,999
Median Price of New Listings $674,900
Per Square Foot $477
Average Days on Market 116
Median Days on Market 63
Price Decreased 40%
Price Increased 2%
Relisted 11%
Inventory 295
Median Rent
Market Action 28
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,495,000 3,120 0.25 - 0.5 acre 4 3 25 5 6 70
$799,900 1,863 8,000 - 10,000 sqft 3 2 47 2 4 80
$647,450 1,433 6,500 - 8,000 sqft 3 2 49 6 5 56
$465,000 856 4,500 - 6,500 sqft 2 1 62 5 6 56