Market report · Big Bear Lake, CA

Big Bear Lake STR market report: the discount trap, measured

Big Bear Lake is Southern California’s mountain within reach: ski hills in winter, a lake all summer, and millions of potential guests two hours away. It is also, on our desk’s read, one of the most discount-pressured markets we track. The gap between what hosts list at and what guests actually pay here runs wide across every home size, and it shapes everything about how this market should be priced.

Figures: the UpRev revenue desk’s August 2026 pull, aggregated daily across the market’s competitive set, twelve complete months ending July 2026. Refreshed quarterly.

What the booked-versus-listed gap means

In the table below, compare the median asking price to the median price of nights that actually booked. Guests in this market routinely pay well under sticker, which tells you the sticker is wrong: hosts set aspirational rates, wait, then capitulate late. A listing that opens at the realistic number captures the booking window early; a listing that opens high joins the late-discount scramble with everyone else.

The market’s top quartile asks a striking premium over the median here, among the widest quartile spreads we track. Both facts together describe the same market: enormous variation in pricing skill, with the winners taking a disproportionate share.

Two seasons, one calendar mistake

Winter is the stronger season, peaking around the holidays and the ski weeks, while mid-spring is the deepest trough, after the snow, before the lake. The classic error is treating spring like a discount version of winter instead of a different market entirely: the guests, the trip purpose and the willingness to pay all change, and rates that merely shrink rather than reposition miss what spring demand there is.

The numbers

Every home size at a glance
SizePeak occupancyTrough occupancyWeekend premium Top-quartile ask vs medianBooked vs listed
1BR 55% (December 2025) 27.9% (April 2026) 22% +36% -11%
2BR 49.9% (December 2025) 22.4% (April 2026) 16% +40% -13%
3BR 46.5% (December 2025) 17.5% (April 2026) 15% +44% -16%
4BR 47.6% (December 2025) 17% (April 2026) 18% +45% -14%
5BR 49.7% (December 2025) 23.8% (May 2026) 22% +37% -12%
2BR homes, month by month
MonthOccupancyOccupancy, year prior25th pct listed Median listed75th pct listedMedian booked
August 2025 39.4% 37.9% $124 $158 $216 $137
September 2025 24.9% 20.1% $109 $142 $197 $121
October 2025 32.2% 27.2% $111 $145 $200 $122
November 2025 37.9% 34.8% $134 $176 $240 $153
December 2025 49.9% 49.4% $205 $275 $370 $235
January 2026 44.1% 42.2% $169 $224 $310 $202
February 2026 43.5% 43.9% $154 $205 $287 $183
March 2026 26.5% 36% $124 $167 $237 $142
April 2026 22.4% 23.9% $105 $144 $207 $121
May 2026 25.5% 23.3% $103 $142 $207 $122
June 2026 31.8% 30% $105 $143 $210 $125
July 2026 44.9% 42.6% $115 $158 $226 $140
3BR homes, month by month
MonthOccupancyOccupancy, year prior25th pct listed Median listed75th pct listedMedian booked
August 2025 36.4% 35.3% $167 $218 $313 $188
September 2025 19.3% 17.5% $146 $189 $276 $158
October 2025 25.7% 21.4% $147 $191 $273 $151
November 2025 33.4% 30.7% $182 $243 $336 $198
December 2025 46.5% 46.9% $303 $408 $552 $338
January 2026 41.1% 39.4% $249 $338 $471 $295
February 2026 39.3% 41.2% $225 $311 $433 $273
March 2026 21.7% 31.5% $171 $237 $344 $199
April 2026 17.5% 20.6% $138 $192 $300 $158
May 2026 20.6% 19.1% $134 $190 $298 $152
June 2026 28.5% 28.5% $140 $202 $312 $169
July 2026 43.2% 42.5% $161 $230 $343 $203

What would these numbers look like on your portfolio?

A market report tells you the water level. A revenue map tells you where your listings sit in it: which are beating this market, which are funding it, and what the gap is worth. It is free, built from your own numbers, and yours to keep.

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