STR market comparison

Big Bear Lake vs Phoenix and Mesa

Two markets, one purchase decision. Compare the ranges, the booking calendar and what must be checked for an actual address.

Decision in brief

Phoenix and Mesa has the lower starting purchase range ($450,000 - $850,000 versus $500,000 - $950,000). The ranges overlap, so price alone will not settle the choice. Phoenix and Mesa has the higher midpoint of the estimated annual net range ($22,000 versus $10,500). That is a screening observation, not a property return or a forecast.

Published market ranges are screening estimates assembled from closings and active comparables. They are not returns promised for a specific property. Read how the estimates were assembled and the underlying Big Bear Lake market guide and Phoenix and Mesa market guide; refresh comparables, costs and permit status before an offer.

At a glance

Side-by-side market ranges

Short-term rental estimates for Big Bear Lake and Phoenix and Mesa
MetricBig Bear LakePhoenix and Mesa
Purchase price$500,000 - $950,000$450,000 - $850,000
Average daily rate$245 - $420$215 - $380
Occupancy50% - 60%58% - 68%
Annual gross revenue$48,000 - $98,000$55,000 - $110,000
Annual net cash flow$3,000 - $18,000$12,000 - $32,000
Demand patternWinter ski season and summer lake season, with two soft shouldersJanuary through April, with spring training driving a March surge
The real tradeoff

What changes the decision

Acquisition budget and cash flow

Phoenix and Mesa has the lower starting purchase range ($450,000 - $850,000 versus $500,000 - $950,000). The ranges overlap, so price alone will not settle the choice. Phoenix and Mesa has the higher midpoint of the estimated annual net range ($22,000 versus $10,500). That is a screening observation, not a property return or a forecast. Compare actual down payment, closing costs, furnishing, reserves, insurance and debt service before treating either range as an investment result.

Guest demand and calendar

Big Bear Lake is driven by mountain and lake trips: Winter ski season and summer lake season, with two soft shoulders. Phoenix and Mesa is driven by winter sun and event travel: January through April, with spring training driving a March surge. Build a monthly model for each; equal annual gross estimates can conceal different low-season cash needs.

Property-level checks

  • Big Bear Lake: Model the winter and summer peaks separately, then test access and carrying cost in the two softer shoulders.
  • Phoenix and Mesa: Model March spring-training demand separately from summer and price pool, cooling and water costs.

For either market, confirm permit eligibility, HOA or building rules, comparable listing quality and a written cost estimate for the property under consideration. Market averages cannot substitute for those checks.

Need help choosing a market?

Bring a real budget and purchase brief. We can discuss which markets fit and which assumptions need checking.

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