Real Estate in Mammoth Lakes for the 3rd Quarter of 2016
Real estate market prices for 2016 are maintaining a consistent trend. As of October 1, 2016 the median price for a condominium in Mammoth Lakes was $285,000, this is 7.6% lower than the median price for 2015.
Single family homes are fairing about the same in that the median price for a re-sale home in Mammoth Lakes is about 7.5% lower than 2015 figures. If we were to look at all the home sales, not just the re-sales, but new homes too… the decline is about 10%. This is largely attributed to a strong 2015. The final quarter will offer true insight on a year to year comparison. Here is the Market Trend Report as of October 1, 2016. market-report-2016-3rd-quarter
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