An 60% STR Opening And An Impressive 2-day Snowstorm Brings A Large Weekend Crowd! Market Summary January 17 to January 31 The Mammoth Lakes MLS is reporting only 10 real estate closings for the period ranging from a low of $350,000 to a high of $3,825,000. Of the 10 closings, nine (9) were financeable properties and six (6) were financed closings. There were four (4) residential sales over $1M. The 10-year Treasury yield ended the period almost even 1.093%. Mortgage rates are … [Read more...] about Mammoth Real Estate Sales Report, January 31, 2021
Mammoth Real Estate Sales Report, January 17, 2021
Mammoth Remains Locked Down Amidst Summer-like Weather. Market Summary January 3 to January 17 The Mammoth Lakes MLS is reporting 31 real estate closings for the period ranging from a low of $239,000 to a high of $3,100,000. Of the 31 closings, 27 were financeable properties and 23 were financed closings. There were 12 condo closings under $500,000. There were another four (4) vacant residential lot closings (interesting for sure). There were only three (3) Snowcreek closings. … [Read more...] about Mammoth Real Estate Sales Report, January 17, 2021
Mammoth Real Estate Sales Report, January 3, 2021
The Most Subdued Holiday Period In Decades, New Snow Coming And IKON Blackout Over! Market Summary December 13 to January 3 This report is for the past three weeks. Not only is it nice to have a holiday respite, but the historic metrics show readership declines significantly within the holiday period, so..... The Mammoth Lakes MLS is reporting 34 real estate closings for the period ranging from a low of $235,000 to a high of $1,840,000. There was a small rush to get … [Read more...] about Mammoth Real Estate Sales Report, January 3, 2021
Mammoth Real Estate Sales Report, December 13, 2020
With Prime Holidays Coming, The Ski Runs Are Open, STRs and Restaurants Are Closed. Market Summary November 29 to December 13 The Mammoth Lakes MLS is reporting 29 real estate closings for the period ranging from a low of $280,000 to a high of $2,625,000. Demand remains strong but the inventory continues to drift lower. Mammoth has become a "just buy anything" market for now. Of the 29 closings, 28 were financeable properties and 22 were financed closings. Just like the previous … [Read more...] about Mammoth Real Estate Sales Report, December 13, 2020
Mammoth Real Estate Sales Report, November 29, 2020
Spectacular Weather & A Substantial Thanksgiving Crowd Moves In-and-Out! Market Summary November 5 to November 29 The Mammoth Lakes MLS is reporting 19 real estate closings for the period ranging from a low of $325,000 to a high of $2,495,000. This is back to a relatively normal amount of closings for this time of year. Demand is still strong but the available inventory is ridiculously low. Of the 19 closings, 18 were financeable properties and 15 were financed closings. … [Read more...] about Mammoth Real Estate Sales Report, November 29, 2020
Mammoth Real Estate Sales Report, November 15, 2020
The Smoke Is Gone And The Ski Runs Are Open! Market Summary November 1 to November 15 The Mammoth Lakes MLS is reporting 28 real estate closings for the period ranging from a low of $225,000 to a high of $1,650,000. This period last year there were 19 closings in Mammoth Lakes proper. Of the 28 closings, 26 were financeable properties and 22 were conventionally financed. The seven (7) highest sales for the period were all over $1M and all seven were financed transactions … [Read more...] about Mammoth Real Estate Sales Report, November 15, 2020
Mammoth Real Estate Sales Report, November 1, 2020
Beautiful Summer-Like Weather and Thankfully a Week of Clean Air ! Market Summary October 18 to November 1 The Mammoth Lakes MLS is reporting 36 real estate closings for the period ranging from a low of $212,500 to a high of $2,800,000. Of the 36 closings, 35 were financeable properties and 26 were conventionally financed. Interestingly, there were 13 condo closings under $400,000. All but one were financeable (a Westin Studio) and ALL 12 of the sales were financed. The … [Read more...] about Mammoth Real Estate Sales Report, November 1, 2020
Mammoth Real Estate Sales Report, October 18, 2020
The Smoke Lingers But Visitors Are Anxious To Come And Play! Market Summary September 27 to October 18 This report is for the past three weeks. The Mammoth Lakes MLS is reporting 72 real estate closings for the period ranging from a low of $147,500 to a high of $3,600,000. Again, the volume of closings remains very high and consistent. Of the 72 closings, there were 69 financeable properties and 55 were conventionally financed. Obviously buyers are wanting to take … [Read more...] about Mammoth Real Estate Sales Report, October 18, 2020
Mammoth Real Estate Sales Report, September 27, 2020
Mammoth Is Smoked Out and Very Quiet, But Gets a Weekend Reprieve! Market Summary Sept. 13 to Sept. 27 The Mammoth Lakes MLS is reporting 43 real estate closings for the period ranging from a low of $130,000 to a high of $1,800,000. The volume of closings remains high and consistent. Of the 43 closings, there were 42 financeable properties and 29 were conventionally financed. Fourteen of the closings were condos selling under $500,000. There were 10 closings in … [Read more...] about Mammoth Real Estate Sales Report, September 27, 2020
Mammoth Real Estate Sales Report, September 13, 2020
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
