mammoth lakes market trends

Mammoth Lakes Real Estate Market Update for July 2021

As of July 1, 2021, the Mammoth Lakes real estate market continues to be hot seller’s market.  What does that mean?  Simply put, it means there are more buyers than sellers.  I continue to receive new buyer calls daily and there are not a lot of options for them.  If/when they do find a property they like, there or multiple offers and often over list price.  The good news for buyers is inventory is...

Mammoth Lakes Real Estate Market Update for June 2021

As of June 1, 2021, the Mammoth Lakes real estate market continues to be hot seller’s market.  What does that mean?  Simply put, it means there are more buyers than sellers.  I continue to receive new buyer calls daily and there are not a lot of options for them.  If/when they do find a property they like, there or multiple offers and often over list price.  The good news for...

Mammoth Lakes Real Estate Market Update – October 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 9/30/20 2019 2018 2017 2016 2015 2014 Median* Sold Price $480,000 $450,000 $402,500 $349,900 $299,750 $305,000 $292,500 Median* Days on...

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