Mammoth Real Estate Sales, March 17, 2019

Major Storm Cycle Ends Leaving Great Ski Conditions, Clean-up! Market Summary:   March 3 -- March 1 The Mammoth Lakes MLS is reporting 12 real estate closings for the past two week period ranging from a low of $115,000 to a high of $870,000. Of the 12 escrow closings, 11 were financeable properties and nine (9) were conventionally financed. Ten of the 12 closings were condominiums and seven (7) of the 10 are "ski-oriented" locations (not surprising for this time of year). The … [Read more...]

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 … [Read more...]

Mammoth Real Estate Sales, February 17, 2018

Storm Cycle Continues And Mammoth Is Buried!!   Market Summary:   February 3 -- February 17 The Mammoth Lakes MLS is reporting 16 real estate closings for the past two week period ranging from a low of $135,000 to a high of $1,640,000. Of the 16 escrow closings, 12 were financeable properties and nine (9) were conventionally financed. There were nine (9) condominium sales under $500,000. The 10-year Treasury yield moved slightly downward to 2.666%. Mortgage rates continue to … [Read more...]

Mammoth Real Estate Sales, February 3, 2019

Super Dump Weekend Secures The Winter!!  Market Summary:   January 20 -- February 3 The Mammoth Lakes MLS is reporting 13 real estate closings for the past two week period ranging from a low of $252,000 to a high of $2,000,000. Of the 13 escrow closings, all but one were financeable properties and 10 were conventionally financed. This period last year there were only seven (7) closings and all of them condominiums. This year there were four (4) single family homes in the … [Read more...]

Mammoth Real Estate Sales, January 20, 2019

A BIG Dump of Snow And More Blackouts!   Market Summary:   January 6 -- January 20 The Mammoth Lakes MLS is reporting 10 real estate closings for the past two week period ranging from a low of $245,000 to a high of $2,050,000. Of the 10 escrow closings, all were financeable properties and six (6) were conventionally financed and one commercial property was seller financed. This period last year there were 12 closings. The 10-year Treasury yield moved upward to 2.784% and … [Read more...]

Mammoth Real Estate Sales, January 6, 2019

Blackouts to Whiteouts, A Very Successful Holiday Period For Mammoth!!  Market Summary:   December 16 -- January 6 The following report is for the past three weeks, the end-of-the year holiday period. The Mammoth Lakes MLS is reporting 18 real estate closings for the period ranging from a low of $215,000 to a high of $1,203,000. Of the 18 escrow closings, 16 were financeable properties and 12 were conventionally financed. There was a broad mix of closings but … [Read more...]

Mammoth Real Estate Sales, December 16, 2018

Good Skiing And Mostly Good Weather, And Here Come The Holidays!! Market Summary:   December 2 - December 16 The  Mammoth Lakes MLS is reporting 13 real estate closings for the period ranging from a low of $135,000 to a high of $1,150,000.    Of the 13 escrow closings, 11 were financeable properties and eight (8) were conventionally financed. There were five (5)  condos selling under $450,000. The high sale for the period is the commercial property on Old Mammoth Road … [Read more...]

Mammoth Real Estate Sales, December 2, 2018

Snow!! Market Summary:   November 18 - December 12 The  Mammoth Lakes MLS is reporting 12 real estate closings for the period ranging from a low of $199,000 to a high of $1,550,000. Of the 12 escrow closings, 10 were financeable properties and eight (8) were conventionally financed. The mix was once again familiar; six (6) low-end condos and two homes in the $1.5M range.  The 10-year Treasury slipped again and closed the week at 3.03%. Mortgage rates didn't necessarily follow. The reports … [Read more...]

Mammoth Real Estate Sales, November 18, 2018

Ski Area Opens Two Days Late And Now Snow In The Long Range Forecast!! Market Summary:   November 4 - November 18 The  Mammoth Lakes MLS is reporting only six (6) real estate closings for the period ranging from a low of $190,000 to a high of $3,200,000. Of the six escrow closings, all six were financeable properties and four (4) were conventionally financed. Even though there weren't many closings it was a very familiar mix -- five low-end condos and a multi-million dollar home.  The … [Read more...]

Mammoth Real Estate Sales, November 4, 2018

More Great Weather And Plenty Of Concrete Being Poured In Mammoth! Market Summary:   October 21 - November 4 The  Mammoth Lakes MLS is reporting 18 real estate closings for the period ranging from a low of $220,000 to a high of $1,890,000. Of the 18 escrow closings, all 18 were financeable properties and nine (9) were conventionally financed and two  (2) were owner financed. Ten of 18 sales were condos selling under $500,000. Five (5) of the sales were single family homes selling for more … [Read more...]