Mammoth Lakes Real Estate Market Report March 2026
What’s New
There is A LOT happing in Mammoth Visit the links below to see all the details of what’s coming to Mammoth next.
Portable Mortgages: Is your low-interest rate mortgage that is so attractive you just can’t sell???
“The Woodsite” – See what’s proposed for the Woodsite and Minaret Parcel
“Mammoth Hotel -The Residence Inn” – 101 Room hotel under construction on Berner Street. See photos and details of this project.
Parks and Recreation – Visit this link and take the survey to help shape the future of Mammoth Lakes Parks and Recreation.
Condominium Market Overview
The condominium market in Mammoth Lake’s is the biggest residential market and best indicator residential buyer attitudes. Short term rentals continue to be an important Driver, with notably more units being planned on development sites near the Village.
Market Drivers
Pricing: January Median price was higher due to a $2,275,000 sale in “The Reserve”
Demand: Sales volume for February was consistent with January
Inventory: Up 11% over last month, with 3.5 months of inventory currently
Rates: Interest rates are the lowest in over 3 years
Single Family Homes Market Overview
Median home prices were notably higher in February, but this is due to the fact that as of the date of this report, there was only one closed sale of a $3,485,000 home in Mammoth. January through March tend to realize fewer sales than summer months.
Market Drivers
Pricing: Median Prices are notably higher due to only one well priced sale at $3,485,000
Demand: Demand for housing remains consistent with last month.
Inventory: Up 4% over last month. 5 months of inventory currently active
Rates: Interest rates are the lowest in over 3 years.
Ready to Make Your Move?
Whether you’re buying or selling in Mammoth Lakes, expert guidance makes all the difference. Connect with a top-selling broker who knows the market inside and out.
Market data based on MLS information deemed reliable but not guaranteed. This report is a snapshot of time.
