Market Report for Mammoth Lakes as of May, 2019
Single Family Homes
As of May 1st, 2019, the year-to-date median single-family home pricing is maintaining declines of 13% year to date vs. 7.83% gains observed earlier this year; these comparisons are made to 2018 year-end figures.
The median price for a single-family home in Mammoth Lakes, as of May 1st, 2019 was $799,500; this is based off a total of 30 sales Year-to-Date. There are still minimal sales, Year-to-Date, offering a good collection of data points in comparison to last year’s 12-month period. Median single-family home prices will likely not stabilize for the year until a greater number of sales take place.
Year-to-date 2019, the condominium market is still performing well. As of May 1st, 2019, Median prices for a condominium in Mammoth Lakes were $447,250. This is based on a total of 104 sales Year-to-Date. This median sales price is 11.8% above the median price observed through 2018 and 9% higher than last month’s figures.
Click here for a link to condominiums currently listed for sale in Mammoth Lakes.