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...]

Mammoth Real Estate Sales, October 21, 2018

Fabulous Fall Weather With Warmer Days Forecasted For Next Week! Market Summary:   October 7 - October 21 The  Mammoth Lakes MLS is reporting 25 real estate closings for the period ranging from a low of $250,000 to a high of $815,000. Of the 25 escrow closings, 21 were financeable properties and 20 were conventionally financed and one (1) owner financed. Fourteen of 25 sales were condos selling under $500,000. The sales included three vacant lots, two (2) in Old Mammoth and one in The … [Read more...]

Mammoth Real Estate Sales, October 7, 2018

The Weather Turns Wet With Some Dusting of Snow In The Higher Elevations!! Market Summary:   September 23 - October 7 This is a somewhat abbreviated report. By the time you read this I will hopefully be somewhere off the southern Baja coast (hurricanes permitting).  The  Mammoth Lakes MLS is reporting 16 real estate closings for the period ranging from a low of $230,000 to a high of $1,575,000. Of the 16 escrow closings, all 16 were financeable properties and nine (9) were conventionally … [Read more...]

Mammoth Real Estate Sales, September 23, 2018

Kamikaze, And Some Clarity From MMSA And Alterra On Their Future Plans Market Summary:   September 9 - September 23 The  Mammoth Lakes MLS is reporting 18 real estate closings for the period ranging from a low of $228,000 to a high of $1,325,000.  Of the 18 escrow closings, 16 were financeable properties and 12 were conventionally financed. Thirteen of the 18 closings were condos selling under $500,000. The 10-year Treasury was up over 3% and mortgage rates followed. Most borrowers are now … [Read more...]

Mammoth Real Estate Sales, September 9, 2018

Perfect Summer Weather And The Local Real Estate Market Screams; Price Reductions! Market Summary:   August 26 - September 9 The  Mammoth Lakes MLS is reporting 16 real estate closings for the period ranging from a low of $269,000 to a high of $5,750,000.  Of the 16 escrow closings, 15 were financeable properties and 13 were conventionally financed. Seven  (7) of the 16 closings were condos selling under $500,000. The balance of the closings include many noteworthy sales (see below). The … [Read more...]

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...]

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 the … [Read more...]

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...]

Mammoth Real Estate Sales, July 15, 2018

Summer Flow Into Summer Full of Music, Alcohol, and Tons of Recreation ! Market Summary:   July 1 - July 15 The  Mammoth Lakes MLS is reporting 18 real estate closings for the period ranging from a low of $221,500 to a high of $970,000. Of the 18 escrow closings, all 18 were financeable properties and 14 were conventionally financed. Thirteen of the 18 closings were condos selling under $450,000. There were no condo hotel units closed. There were three (3) homes closed between $655,000 and … [Read more...]

Mammoth Real Estate Sales, July 1, 2018

Smoke, Helicopters, And The Mammoth Summer Visitors Comedies Begin!! Market Summary:   June 17 - July 1 The  Mammoth Lakes MLS is reporting 13 real estate closings for the period ranging from a low of $274,000 to a high of $2,700,000. Of the 13 escrow closings, 12 were financeable properties and 11 were conventionally financed. Seven (7) of the 13 closings were condos selling under $415,000. There was one (1) vacant residential lot sold. And three (3) homes selling over $1M. The … [Read more...]