Real Estate Market Report: August 1, 2021
Single Family Homes
The median sales price for a single-family home, Year-to-Date (YTD) in 2021, is $1,500,000 (up 69% vs. 2020), same as the last two month’s analysis. In 2020 the single-family home market in Mammoth Lakes produced a total of 126 sales and a median price of $885,000. The YTD median price is based on 72 sales.
Single-Family Residential History Mammoth Lakes
The graph below is a representation of the median single-family home pricing taken from table above:
Condominium Market
The Year-to-Date (YTD) median price for a condominium in Mammoth Lakes was $590,000, which is 31% higher than the median price observed for all of 2020. This median price was determined through 259 sales YTD, compared to 442 sales in 2020. This month’s YTD figures are 2% greater than last months.
The graph below is a representation of the condominium pricing table above:
Featured Listings
104 Joaquin Road – Four units backing to a wooded lot and the town multi-use path, only a few steps from Sierra Star Golf Course. Building includes a detached two-car garage. All units are two-bedroom units with a bath. One of the units has been recently upgraded. Click here for details or call Matthew.
117 Shady Rest Road – Amazingly remolded home centrally located in Mammoth. This home is as turn-key as they come, and it has been beautifully appointed with top quality finishes. Three bedrooms, two bathrooms, with a larger patio, BBQ and outdoor spa. Show by appointment only. Take our Virtual Tour.
5781 Minaret Road – 3.21 Acres of development land within the North Village Specific Plan. This well-located parcel allows for 48 Rooms per acre and is just a short walk to the Village at Mammoth, Ski Gondola, and public transportation hub. Ideal hotel development site. Watch a video of this parcel. Call Ashley or Matthew for Details
670 John Muir #53 – This beautifully remodeled two-bedroom, two and a half bath condo is about as close as you can get to the Canyon Lodge Ski-Back trail to Timber Ridge Condominium. In addition to a great location, it has been remodeled with good quality finishes and it has a private one-car garage. Call Matthew or Ashley for Details.