Mammoth Lakes Real Estate Conditions

Small inventory in SFRs and Condos is supporting prices.  Average sale price for Condos YTD is $250/sf, for SFRs is $270/sf.  Prices slightly lower over last quarter.  Now that Mammoth Mountain has opened and snow is falling, I expect increase in activity and higher inventory.
  • November 10 2012 - Mammoth Lakes
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Answers (2)

Hopefully Mammoth has a better snow season this year.  Tourism was as bad as it gets last year due to no good snow.  The town really needs it this year.  My guess is it will really depend on the weather.  Think snow!
  • November 13 2012
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Garrett,

I like your positive thinking with regard to snow.   We could certainly use it, and fortunately we do have snow making with the Mountain open.

One thing the entire town has shifted toward is all the fun things there are to do during our Summer and shoulder seasons.  Last summer (2013) actually proved to be the third best consecutive summer in a row, largely attributed to our special events and predicable weather.  

Although skiing/snowboarding is pretty tough to beat, few people realize how much there is to to in Mammoth Lakes other than ski.  

Think Snow!

Matthew Lehman
  • January 25 2014
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