More Storms Hit Mammoth And Senior Skiers Set To Protest!
Market Summary: March 4 – March 18
At the period’s end the condominium inventory is up three (3) to 58. There are now 11 condos listed under $300,000 and another 17 listed between $3–400,000. That is up from last period So there is new (and needed) condo inventory coming to the market in the low end. For now. There were 18 new condo listings in the period and five (5) are already under contract and in escrow.
Single Family Inventory
The inventory of single-family homes is down two another (2) to 28. There are still only six (6) homes listed under $949,000. There are nine (9) homes listed between $1 to 2,000,000. But there are some desirable and reasonably priced properties on the market.
The total number of properties in “pending” (under contract) in Mammoth Lakes is even at 59 at period’s end. Of the 59 properties in “pending,” there are 41 in “Active Under Contract” status (formerly “back-up”). The total number of pendings in the aggregate Mammoth MLS (which includes outlying areas) is down eight (8) to 81.
Market Updates and News
Favorite New Listing For The Period!!
Other Real Estate News
** Closed sales data is compiled from in-house files and public records.