Market Trends

Features Home Buyers Want Most in 2021

What buyers want in a home changes all the time. So, the question is—what are home buyers looking for in 2021? The National Association of Home Builders 2021 What Home Buyers Really Want report (outlined in a recent article from REALTOR® Magazine) explored the features that home buyers find the most desirable in 2021, including: So, what are the features that home buyers consider...

Mammoth Lakes Real Estate Market Update – February 2021

There are several different data points to review when analyzing the current state of the Mammoth Lakes real estate market including median price, days on market and total inventory sold. Below is a snapshot of the last several years of transactions closed and current inventory in Mammoth Lakes. Note that this report doesn't include any of the outlying areas beyond Mammoth Lakes. Mammoth Lakes...

Insights into the 2021 Housing Market

2021 is officially upon us. But how, exactly, is the new year shaping up through the lens of real estate? HomeLight’s Top Agent Insights Q4 2020 Report surveyed over 1,000 real estate agents for their insights into the 2021 housing market, including: Lack of inventory will continue to pose challenges in 2021. A lack of homes for sale presented one of the biggest challenges for buyers in...

Buying A Home Sight Unseen? Avoid These Mistakes

Because of social distancing, stay-at-home orders, and other COVID-related challenges, buying a home sight unseen has become increasingly common. And when you do it the right way, you can find exactly what you’re looking for in a property—without ever actually seeing it in person. But if you do it the wrong way? It can be a real challenge. So, the question is, what are the biggest mistakes buyers...

Mammoth Lakes Real Estate Market Update – Year-End 2020

There are several different data points to review when analyzing the current state of the Mammoth Lakes real estate market including median price, days on market and total inventory sold. Below is a snapshot of the last several years of transactions closed and current inventory in Mammoth Lakes. Note that this report doesn't include any of the outlying areas beyond Mammoth Lakes. Mammoth Lakes...

December 1st block letters with a notebook and glasses beside them

Mammoth Lakes Real Estate Market Update – December 2020

There are several different data points to review when analyzing the current market including median price, days on market and total inventory sold. Below is a snapshot of the last several years of transactions closed and current inventory. Condos Through 11/30/20 2019 2018 2017 2016 2015 2014 Median* Sold Price $479,500 $450,000 $402,500 $349,900 $299,750 $305,000 $292,500 Median* Days on...

A Coming Soon For Sale sign sits in the foreground with a snow covered house in the background

Winter Real Estate Market Will Be HOT

Winter is typically a slower season in real estate—but 2020 is poised to change that in a big way. Low inventory, high buyer demand, and record-low interest rates are setting up this winter season to be one of the best seller’s markets in recent history—and if you’re thinking about selling your home, now is a great time to make a move. But how can you take advantage of this historic...

a realtor talks to two clients, all are wearing masks during the pandemic

How COVID-19 Changed The Real Estate Market For Home Sellers in 2020

There’s no denying that the COVID-19 pandemic has completely changed day-to-day life in America. But how has it changed the experience and process of selling a home? The 2020 National Association of REALTORS® Profile of Home Buyers and Sellers compared home sellers before and during/after COVID-19. Some of their key findings included: Homeowners wanted to sell both before and after COVID...

These Pandemic-Inspired Trends Are Here To Stay

The COVID-19 pandemic has changed what many people are looking for in their homes—and, as such, it’s shifted major home and design trends. And it looks like many of those trends are going to continue long after the pandemic is over. A recent article from realtor.com outlined the pandemic-related housing and design trends that are likely to stick around post-COVID, including: A shift to the...

In Today’s Market, Homes Are Selling High And In Record Time—Making It The Perfect Time To Sell

When you sell your home, you want it to sell quickly and profitably—and according to those standards, there’s never been a better time to sell than right now. According to recent data from the National Association of REALTORS®, the nationwide median existing home price in September 2020 was $311,800—up 14.8 percent year-over-year.  Through October 2020 in Mammoth Lakes, the year to date median...

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