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 March, the average price per sq.feet was $388. In April this price pretty much remained the same at a value of $372 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable increase of 208 % 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 $342.25 to $713.5 during July, and August.
Based upon to the price in Big Bear City (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $581,253. In April This price remains at $579,222. During the following two months (May, June) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $555,707.25 to $501,855 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $488,021 they are 36 % more affordable than the average price for Big Bear City. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 3 bedrooms priced at $584,369.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $344 / sq.feet, with an average $1,153 / sq.feet price in Big Bear City. The properties with the lowest average prices have 1 bedroom. They are 65 % cheaper than the average followed by properties with 2 bedrooms with a price at $396 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $488,021 it is 49 % cheaper than the average price in Big Bear City. "Cabin" is seen as the second most affordable property type. The dearest property type is "House" followed by "Cabin". At a price of $375,580 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $755 / sq.feet followed by "Cabin" priced at $2,496 / sq.feet. "Land" is the most costly type of property with a $11,300 / sq.feet cost followed by "Cabin" with an average price of $2,496 / sq.feet.