Southern and Central Sierra Nevada Now At Record Snowpack/Water Content!!
Market Summary: February 12 – February 27
Condominium Inventory
At the period’s end the condominium inventory is down another eight (8) to 94. There were 11 new condos brought to the market during the period including four new listings at The Westin. There are now four condos listed for sale under $200,000 and seven (7) condos listed under $250,000. This time last year there were 164 condos on the market in Mammoth.
Single Family Inventory
The inventory of single-family homes is down five (5) to 37. There are no homes listed under $500,000 and still only five (5) homes listed under $625,000. This time last year there were 59 homes on the market in Mammoth.
Pending Transactions
The total number of properties in “pending” (under contract) in Mammoth Lakes is up 15 to 60 at period’s end. Of the 60 properties in “pending,” there are 47 in the new “Active Under Contract” status (formerly “back-up”). The total number of pendings in the aggregate Mammoth MLS (which includes outlying areas) is up six (6) for the period at 76. This time last year there were 46 pending properties in Mammoth and 64 in total.
Market Updates and News
Noteworthy Sales
New Favorite Listing For The Period!! | |
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Other Real Estate News
Thanks for reading!
** Closed sales data is compiled from in-house files and public records.
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