Finally!! A Real Winter Storm Pummels Mammoth…Balance of Ski Season Saved.
Market Summary: February 18 – March 4
At the period’s end the condominium inventory is down six (6) to 55. There are only nine (9) condos listed under $300,000 and another 11 listed between $3- 400,000. There were 12 new condo listings in the period and six (6) are already under contract and in escrow. This period last years there were 89 condos on the market.
Single Family Inventory
The inventory of single-family homes is down two (2) at 30. There is now only one (1) home listed under $609,000. And only six (6) homes listed under $949,000!! This time last year there were 38 homes on the market.
The total number of properties in “pending” (under contract) in Mammoth Lakes is down five (5) to 59 at period’s end. Of the 59 properties in “pending,” there are 38 in “Active Under Contract” status (formerly “back-up”). The total number of pendings in the aggregate Mammoth MLS (which includes outlying areas) is down two (2) to 89 and that includes four (4) vacant lots listed under $65,000 and a mobile home listed at $38,000.
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.