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, 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
Mammoth Real Estate Sales Report, August 16, 2020
Everything Is Selling, And Time Is of The Essence! Market Summary: August 2 -- August 16 The Mammoth Lakes MLS is reporting 18 real estate closings for the period ranging from a low of $265,000 to a high of $975,000. This period last year there were an identical 18 closings. Of the 18 closings, 17 were financeable properties and 13 were conventionally financed. There were another seven (7) Snowcreek closings. Snowcreek remains hot, hot, hot. There were only four (4) condos … [Read more...] about Mammoth Real Estate Sales Report, August 16, 2020
Mammoth Real Estate Sales Report, May 10, 2020
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
