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There are several different data points to review when analyzing the current market including median price, days on market and total inventory sold. Below is a snapshot of the last several years of transactions closed and current inventory.

Condos

Through 6/30/20 2019 2018 2017 2016 2015 2014
Median* Sold Price $452,500 $450,000 $402,500 $349,900 $299,750 $305,000 $292,500
Median* Days on Market 89 84 69 70 117 113 89
Total Condos SOLD 100 387 348 407 304 271 269

Through June 2020, the median condo price is relatively flat as compared to 2019. If we annualize YTD 2020 condos sold, we are on track to sell 51% fewer condo than in 2019, and those that do sell are taking 5% longer (up 7 days). Of course, this trend is not reliable due to the current COVID-19 crisis.

Single Family Homes

Through 6/30/20 2019 2018 2017 2016 2015 2014
Median* Sold Price $735,000 $767,625 $890,000 $750,000 682,500 694,400 $619,000
Median* Days on Market 126 113 113 131 132 165 145
Total SF Homes Sold 39 94 87 95 98 91 85

Through June 2020, the median price of single family homes sold is slightly up (about 4%) as compared to 2019. If we annualize YTD 2020 single family homes sold, we are on track to sell approximately 12% less as compared to 2019, and those that do sell are taking 11% longer (up 13 days). Of course, this trend is not reliable due to the current COVID-19 crisis.

The current inventory provides an indication of potential activity. Below is a snapshot of current listings:

Currently Listed Condos Single-Family Homes
Median Price* $443,500

UP from $429,000 in June

$1,157,000

DOWN from $1,190,000 in June

Median Days on Market* 57

DOWN from 82 in June

53

DOWN from 100 in June

Total Available March 1** 116

UP from 90 in June

42

UP from 33 in June

*Median Price is the middle value for a range of values and is a good indicator to use when there is significant data. It minimizes the impact of unusually high or low values and gives a better perspective of the big picture.

**Total Available excludes properties currently under contract.

Download the report.

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Make sure to show your love and support as we go into the busy summer season to all the amazing workers who make Mammoth such an amazing, beautiful, and safe place to live. Thank you to all our rangers, forest service, hospital workers, police, first responders, SAR members and more!

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That’s a wrap! 40th anniversary trip was AMAZING - don’t know where we could possibly go from here!! Truly a trip of a lifetime. So grateful ❤️ Headed back to reality tonight with arrival in 🇺🇸 tomorrow. Photos coming soon 🌴 #borabora #conradboraboranui #loveourlife #ThankYouGod #lovetotravel #pinchme @johnbushmammothloco ...

70 4

My buyers missed out in a multiple offer situation earlier this year and it happened for a reason. 924 Links Way was meant to be their Mammoth Lakes home! It is perfect for them. Things happen for a reason, right? So excited!' @side_realestate

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Who's coming for a hike with me?! Any guesses which lake this is?

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Flipping homes is a popular practice—and, when done right, buying a flipped home can be a good investment. I have seen some really nice ones in Mammoth Lakes.

But not all flipped homes are created equal—and if you want your home purchase to be a good investment, you need to avoid cheap, poorly done flips.

So how, exactly, do you do that? Read about it in my blog! Link in bio...

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Who says back up offers never become reality? Sometimes when another offer is selected, we ask to be put in back-up position. Some agents say this is a waste of time. NOT ME! This is a perfect example of the original buyer changing their mind and because we did the paperwork to be in Back Up #1 position, we are now in escrow! My clients will be the owners of this gorgeous 3 bedroom townhome near The Village at Mammoth before the end of May! @side_realestate

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It may not seem like it but as a buyer time CAN be on your side. Link in bio for my blog...

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6 0

Forty years.
40 years.
F.O.R.T.Y. years.

May 12, 1982 we said “I do.”
In sickness and in health.
For richer for poorer.
In good times and bad.

What a ride it has been! Here is to 40 more❤️ with my best friend by my side 😊 Happy Anniversary babe - thank you for loving me ❤️ #40years #happyanniversary
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Sellers, don't worry! More information in my blog! Link in bio...

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Time for a new chapter for this turnkey one+loft condo in Chamonix. The current owners had this for over 30 years and decided it was time for a new chapter. Thanks to Chris Galbreth for bringing a quality buyer and a smooth escrow (thanks Sierra Escrow)!

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
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...

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Bittersweet for my clients who sold this one+loft condo in Discovery 4 complex. They loved it so much but time for a new chapter for them. Thank you for trusting me with this transaction. Thanks to Nate Bishop for a qualified buyer and Sierra Escrow for a smooth transaction.

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16 2

If just your view from the highway looks like THIS how could you ever want to be anywhere else?!

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It's FREE! It doesn't get much better than that!

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Applying for a mortgage? Check out my blog post for more on these common misconceptions to look out for! Link in Bio...

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@mammothmountain is starting May off with some awesome events! Today is Party in the Park for Unbound! Take a FREE sunset cruise through Main Park and Forest Trail with food and drink specials on the Main Lodge Sundeck. Come enjoy the spring festivities in Mammoth!

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"Feeling HOT HOT HOT!"

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3 0

Short trip back into winter the last couple weeks... But I can still see the lakes so that MUST mean summer is on the way!

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...

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Price reduced on this immaculate and beautiful 3 bedroom / 2.5 bath move-in ready home. A rare find for such an amazing location and quality construction. The placement of the home on the lot is off-set from neighboring homes providing a true sense of privacy.

Details in BIO
...

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Anybody else feel like that today? Every day?!

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...

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