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
Mammoth Real Estate Sales Report, October 20, 2019
Fall Colors, And Fall Rush To Get Projects Completed. Market Summary: September 29 -- October 20 This report is for the past three weeks. The Mammoth Lakes MLS is reporting 28 real estate closings ranging from a low of $300,000 to a high of $3,025,000. Of the 28 escrow closings, all 28 were financeable properties and 16 were conventionally financed. There were four (4) residential property sales between $1M and $2M. There were only six (6) condo closings under … [Read more...] about Mammoth Real Estate Sales Report, October 20, 2019
Mammoth Real Estate Sales Report, September 29, 2019
Authorities Pull The Plug On Mammoth, And The Lessons Learned. Market Summary: September 15 -- September 29 The Mammoth Lakes MLS is reporting 20 real estate closings ranging from a low of $242,000 to a high of $1,750,000. Of the 20 escrow closings, 18 were financeable properties and 12 were conventionally financed. There were two (2) vacant residential lot sales. Thirteen of the 20 sales were condos selling for less than $530,000. The 10-year Treasury yield bounced around … [Read more...] about Mammoth Real Estate Sales Report, September 29, 2019
Mammoth Real Estate Sales Report, May 12, 2019
Mammoth Decelerates After A Hectic Winter! Market Summary: April 28 -- May 12 The Mammoth Lakes MLS is reporting 18 real estate closings for the past two week period ranging from a low of $250,000 to a high of $899,900. Of the 18 escrow closings, all 18 were financeable properties and 10 were conventionally financed. The sales mix included three (3) condo hotel Village units and two (2) high-end Snowcreek townhomes. The 10-year Treasury yield moved slightly downward to 2.455%. … [Read more...] about Mammoth Real Estate Sales Report, May 12, 2019
Mammoth Real Estate Sales, March 3, 2019
February 2019 Goes Into The Record Books And March Looks Wet! Market Summary: February 17 -- March 3 The Mammoth Lakes MLS is reporting 19 real estate closings for the past two week period ranging from a low of $295,000 to a high of $1,580,000. Of the 19 escrow closings, 18 were financeable properties and 14 were conventionally financed. That includes two condo hotel properties that were conventionally financed. Just a year ago they would not have been to qualify for attractive … [Read more...] about Mammoth Real Estate Sales, March 3, 2019
Mammoth Real Estate Sales, August 26, 2018
Summer Crowds Dissipate and Mammoth Enjoys Cool and Clear Weather. Market Summary: August 12 - August 26 The Mammoth Lakes MLS is reporting 17 real estate closings for the period ranging from a low of $207,500 to a high of $1,050,000. Of the 17 escrow closings, all 17 were financeable properties and 12 were conventionally financed. And that includes a 2 bedroom unit in the Village. An increasing number of condo hotel purchases are now financed. That is good news. Nine (9) of the … [Read more...] about Mammoth Real Estate Sales, August 26, 2018
Mammoth Real Estate Sales, August 12, 2018
Hot, and In-and-Out Smoke, But Mammoth Hasn't Been as Bad as Other Sierra Locations! Market Summary: July 29 - August 12 The Mammoth Lakes MLS is reporting 16 real estate closings for the period ranging from a low of $205,000 to a high of $1,775,000. Of the 16 escrow closings, all 16 were financeable properties and 10 were conventionally financed. Six (6) of the 16 closings were condos selling under $500,000. For early August, the Mammoth real estate market remains very consistent with … [Read more...] about Mammoth Real Estate Sales, August 12, 2018
Mammoth Real Estate Sales, July 29, 2018
Rain and Smoke Dominate But The Crowds Are Here To Beat The Heat!! Market Summary: July 15 - July 29 The Mammoth Lakes MLS is reporting 14 real estate closings for the period ranging from a low of $255,000 to a high of $4,725,000. Of the 14 escrow closings, all 14 were financeable properties and nine (9) were conventionally financed. Seven (7) of the 14 closings were condos selling under $500,000. And again there were no condo hotel units closed during the period. The high sale of the … [Read more...] about Mammoth Real Estate Sales, July 29, 2018
Mammoth Real Estate Sales, April 29, 2018
Excellent Winter And Spring Ski Condition Highlight The Period! Market Summary: April 15 - April 29 The Mammoth Lakes MLS is reporting 17 real estate closings in Mammoth for the period ranging from a low of $252,000 to a high of $1,500,000. Of the 17 closings, 16 were technically financeable properties and 10 were conventionally financed. There were two condo hotel properties sold with "conventional" financing and that is a new trend. Although not true conventional financing … [Read more...] about Mammoth Real Estate Sales, April 29, 2018
