The prices in real estate in Big Bear City, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Big Bear City has increased strongly during the last 6 months. In April, the average price per sq.feet was $226. In the following month the price per sq.feet increased considerably to $293. The price for the following two months in (June, July) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 146 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $247.25 to $362 during August, and September.
Based upon to the price in Big Bear City (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is $293,866. In May This price remains at $299,797. In the following two months the average price has remained the same with regard to the previous two months from $296,831.5 to $307,389.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $339,362 they are 45 % more affordable than the average price for Big Bear City. The properties with the highest average price have 4 bedrooms, Their price is 74 % more costly than the average. After that we have properties with 3 bedrooms priced at $363,344.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $232 / sq.feet, with an average $240 / sq.feet price in Big Bear City. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 4 bedrooms with a price at $240 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $339,362 it is 26 % cheaper than the average price in Big Bear City. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $249,842 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $147 / sq.feet followed by "House" priced at $244 / sq.feet. "Land" is the most costly type of property with a $666 / sq.feet cost followed by "House" with an average price of $244 / sq.feet.