Mammoth Real Estate Sales Report, November 19, 2017

Pre-Thanksgiving Dump Makes Good Conditions, The Ski Season Is On! Market Summary: November 5 - November 19 The  Mammoth Lakes MLS is reporting 18 real estate closings in Mammoth for the period ranging from a low of $204,000 to a high of $838,000.  Of the 18 closings, 17 were financeable properties and 10                                   were conventionally financed. The closing stats show a trend in the market; nine (9) of the 18 closings were condos selling between $400,000 and $600,000. … [Read more...]

Mammoth Real Estate Sales Report, November 5, 2017

Storm Door Trying To Open, Town To Buy Shady Rest Parcel. Market Summary: October 22 - November 5 The  Mammoth Lakes MLS is reporting 21 real estate closings in Mammoth for the period ranging from a low of $175,000 to a high of $1,300,000.  Of the 21 closings, 19 were financeable properties and 14 were conventionally financed. Condo sales under $400,000 were only a handful during the period but $400K is the new threshold. The four highest sales of the period were conventionally … [Read more...]

Mammoth Real Estate Sales Report, October 22, 2017

Strong Real Estate Activity, But No Snow In The Forecast!! Market Summary: September 24 - October 22 This report is for the past four weeks. The  Mammoth Lakes MLS is reporting 59 real estate closings in Mammoth for the period ranging from a low of $118,000 to a high of $3,160,000. Of the 59 closings, 53 were financeable properties and 39 were conventionally financed. Thirty-one (31) of the 59 sales were condos selling under $400,000. There was one REO closing. For the same four week period … [Read more...]

Mammoth Real Estate Sales Report, September 24, 2017

Last Day Of Summer Brings Snow To Mammoth!! Harbinger For Another Big Winter?? Market Summary: September 10 - September 24 The  Mammoth Lakes MLS is reporting 20 real estate closings in Mammoth for the period ranging from a low of $172,500 to a high of $1,875,000. Of the 20 closings, 18 were financeable properties and 16  were conventionally financed. Nine of the 20 sales were condos selling under $400,000. The new threshold for "low end" condos is now $400,000. But seven (7) of … [Read more...]

Mammoth Real Estate Sales Report, September 10, 2017

Bicycle Madness Takes Over Mammoth! Gran Condo and Kamikaze Games! Market Summary: August 27 - September 10   The  Mammoth Lakes MLS is reporting 18 real estate closings in Mammoth for the period ranging from a low of $150,000 to a high of $1,925,000. Of the 18 closings, 16 were financeable properties and 11 were conventionally financed. Ten of the 15 sales were condos selling under $400,000. The three highest priced closing were cash purchases. The 10-Year rate dropped to almost 2% … [Read more...]

Mammoth Real Estate Sales Report, August 27, 2017

KSL/Aspen Buys Deer Valley! Dave McCoy Turns 102! Market Summary: August 13 - August 28 The  Mammoth Lakes MLS is reporting 15 real estate closings in Mammoth for the period ranging from a low of $225,000 to a high of $1,175,000. Of the 15 closings, all 15 were financeable properties and 11 were conventionally financed. Seven of the 15 sales were condos selling under $420,000. The numbers show the heated late spring and early summer sales rush has  cooled somewhat although to this broker it … [Read more...]

Mammoth Real Estate Sales Report, August 13, 2017

Ski Area Sale and Merger Is Completed, What Next?? Market Summary: July 30 - August 13 The  Mammoth Lakes MLS is reporting 18 real estate closings in Mammoth for the period ranging from a low of $182,500 to a high of $1,220,000. Of the 18 closings, 16 were financeable properties and 12 were conventionally financed. Eight of the 18 sales were condos selling under $400,000. The mix included a vacant residential lot in the Slopes (and a good buy), three high-end condos, a $1M+ home and a … [Read more...]

Mammoth Real Estate Sales Report, July 30, 2017

Mammoth Settles Into The "Dog Days of Summer." Market Summary: July 16 - July 30 The  Mammoth Lakes MLS is reporting 16 real estate closings in Mammoth for the period ranging from a low of $200,000 to a high of $1,300,000. Of the 16 closings, all 16 were financeable properties and eight (8) were conventionally financed. Ten of the 16 sales were condos selling under $320,000. The high sale of the period was the lots at (37) Old Mammoth Road that is the proposed location of the new Grocery … [Read more...]

Mammoth Real Estate Sales Report, July 16 2017

Massive Fourth of July Week, And Then Mammoth Mellows Out! Market Summary: July 2 - July 16 The  Mammoth Lakes MLS is reporting 23 real estate closings in Mammoth for the period ranging from a low of $170,000 to a high of $1,099,000. Of the 23 closings, 21 were financeable properties and 15 were conventionally financed. Ten of the 23 sales were condos selling under $380,000 and add four (4) residential properties selling over $800,000. The 10-year Treasury and mortgage rates both ticked upward … [Read more...]

Mammoth Real Estate Sales Report July 2, 2017

The Weather Cools But Real Estate Demand Stays Hot!! Market Summary: June 18 - July 2 The  Mammoth Lakes MLS is reporting 12 real estate closings in Mammoth for the period ranging from a low of $180,000 to a high of $704,000. Of the 12 closings, eight (8) were financeable properties and six (6) were conventionally financed. There were two (2) bank-owned REO sales in the period. These stats don't reflect the general activity and demand in the market. There was also a small pre-holiday … [Read more...]