The New Lockdown – Mammoth Is Open, The Forest Is Closed! Market Summary: August 30 – September 13 The Mammoth Lakes MLS is reporting 40 real estate closings for the period ranging from a low of $160,000 to a high of $4,500,000. This is twice the amount of closings typical for this time of year. Of the 40 closings, there were 39 financeable properties and 29 were conventionally financed. There were 33 condo sales, three (3) vacant lot sales, and four (4) residential … [Read more...] about Mammoth Real Estate Sales Report, September 13, 2020
Mammoth Real Estate Sales Report, August 30, 2020
Mammoth And County Go Off State Monitoring -- More Openings Coming! Market Summary: August 16 -- August 30 The Mammoth Lakes MLS is reporting 33 real estate closings for the period ranging from a low of $263,000 to a high of $2,700,000. Of the 33 closings, there were 31 financeable properties and 22 were conventionally financed. There were another six (6) Snowcreek closings. There were 11 condo sales between $500-700K. There were two (2) residential closings over $2,000,000 and … [Read more...] about Mammoth Real Estate Sales Report, August 30, 2020
Mammoth Real Estate Sales Report, August 16, 2020
Everything Is Selling, And Time Is of The Essence! Market Summary: August 2 -- August 16 The Mammoth Lakes MLS is reporting 18 real estate closings for the period ranging from a low of $265,000 to a high of $975,000. This period last year there were an identical 18 closings. Of the 18 closings, 17 were financeable properties and 13 were conventionally financed. There were another seven (7) Snowcreek closings. Snowcreek remains hot, hot, hot. There were only four (4) condos … [Read more...] about Mammoth Real Estate Sales Report, August 16, 2020
Mammoth Real Estate Sales Report, August 2, 2020
Mammoth Goes Into Full Covid-Craziness Mode!! Market Summary: July 19 -- August 2 The Mammoth Lakes MLS is reporting 29 real estate closings for the period ranging from a low of $285,000 to a high of $1,860,000. Of the 29 closings, 28 were financeable properties and 15 were conventionally financed. The sales included one short sale. There were six (6) closings over $900,000 and the five (5) highest sales were all cash purchases. There were seven (7) closings in Snowcreek. … [Read more...] about Mammoth Real Estate Sales Report, August 2, 2020
Mammoth Real Estate Sales Report, July 19, 2020
The Heat And Virus Drive A Massive Crowd Into Mammoth!! Market Summary: July 5 -- July 19 The Mammoth Lakes MLS is reporting 17 real estate closings for the period ranging from a low of $340,000 to a high of $1,365,000. All 17 closings were financeable properties and 11 were conventionally financed. There were four (4) more Snowcreek properties closed including the high sale for the period. There were eight (8) condo closings under $510,000. One small A-frame that had been … [Read more...] about Mammoth Real Estate Sales Report, July 19, 2020
Mammoth Real Estate Sales Report, July 5, 2020
Large Weekend And Holiday Crowds Occupy Mammoth!! Market Summary: June 21 -- July 5 The Mammoth Lakes MLS is reporting six (6) real estate closings for the period ranging from a low of $340,000 to a high of $790,000. All six (6) closings were financeable properties and three (3) were financed and three (3) were cash purchases. Half the purchases were single-family homes and half were Snowcreek/Meadow location properties. The 10-year Treasury yield stayed almost even but settled … [Read more...] about Mammoth Real Estate Sales Report, July 5, 2020
Mammoth Real Estate Sales Report, June 21, 2020
Summer Weather Arrives And The Mammoth Petri Dish Is Wide Open! Market Summary: June 7 -- June 21 The Mammoth Lakes MLS is reporting five (5) real estate closings for the period ranging from a low of $67,000 to a high of $625,000. All five (5) escrow closings were cash purchases. This period last year there were 13 closings. The 10-year Treasury yield settled downward at the end of the period to .697%. Mortgage rates are excellent and there is talk the 30-year … [Read more...] about Mammoth Real Estate Sales Report, June 21, 2020
Mammoth Real Estate Sales Report, June 7, 2020
Looks Like Mammoth STRs Have Green Light As Of June 19! Market Summary: May 24 -- June 7 The Mammoth Lakes MLS is reporting five (5) real estate closings for the period ranging from a low of $339,000 to a high of $1,450,000. Of the five (5) escrow closings, all were financeable properties and three (3) were conventionally financed. The high sale was a cash purchase. The 10-year Treasury yield rose significantly at the end of the period to .904%. After some stability in the … [Read more...] about Mammoth Real Estate Sales Report, June 7, 2020
Mammoth Real Estate Sales Report, May 24, 2020
Mammoth Creeps Into Full Stage 2 But STR Is Delayed A Month -- For Now . Market Summary: May 10 -- May 24 The Mammoth Lakes MLS is reporting three (3) real estate closings for the period ranging from a low of $200,000 to a high of $795,000. This period last year there were 18 closings. Of the three (3) escrow closings, two (2) were financeable properties and one was owner financed, one was cash and one was conventionally financed. The 10-year Treasury yield ended the period … [Read more...] about Mammoth Real Estate Sales Report, May 24, 2020
Mammoth Real Estate Sales Report, May 10, 2020
Second Homeowners Come And Go, The STR Opening Is Still Questionable. Market Summary: April 26 -- May 10 The Mammoth Lakes MLS is reporting five (5) real estate closings for the period ranging from a low of $67,000 to a high of $695,000. Of the five (5) escrow closings, three (3) were financeable properties and all three were conventionally financed. The sales included two of the private garages in Snowcreek Phase II, a Canyon Lodge condo, and two (2) low-end homes. The … [Read more...] about Mammoth Real Estate Sales Report, May 10, 2020
