Skip to main content

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 8/31/20 2019 2018 2017 2016 2015 2014
Median* Sold Price $490,000 $450,000 $402,500 $349,900 $299,750 $305,000 $292,500
Median* Days on Market 70 84 69 70 117 113 89
Total Condos SOLD 187 387 348 407 304 271 269

After the slow-down in March through May, the data is starting to reflect the increase in activity over the last 90 days. Through August 2020, the median condo price is up 9% over 2019. If we annualize YTD 2020 condos sold, we are on track to sell 38% fewer condos in 2019, but I do not think this trend is accurate as 45% of all condos sold in 2020 were closed in July and August. Condos are selling 19% faster than in 2019 (down 14 days).

Single Family Homes

Through 8/31/20 2019 2018 2017 2016 2015 2014
Median* Sold Price $785,000 $767,625 $890,000 $750,000 682,500 694,400 $619,000
Median* Days on Market 92 113 113 131 132 165 145
Total SF Homes Sold 62 94 87 95 98 91 85

Through August 2020, the median price of single family homes sold is relatively flat (about 2% variance) as compared to 2019. Annualizing YTD 2020 single family homes sold, we are on track to sell approximately the same number of homes in 2020 as compared to 2019, but I think this trend will shift since 37% of the YTD homes sold closed in July and August. Single family homes are also selling 25% more quickly in 2020 than 2019 (down 21 days).

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

Currently Listed Condos Single-Family Homes
Median Price* $445,000

DOWN from $421,950 in August

$1,295,000

UP from $1,162,500 in August

Median Days on Market* 39

DOWN from 53 in August

60

DOWN from 65 in August

Total Available March 1** 65

DOWN from 94 in August

33

DOWN from 40 in August

*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.

Follow Along on Instagram

"Sonja sold my family's condo in Mammoth that we had owned for over 40 years. Sonja made the process so easy for us. We weren't in Mammoth and it took her 2 days to go from getting the green light from us to sell the condo to being on the market. We had multiple offers and Sonja was great at explaining the pros and cons of each offer. We were in contract 2 days later (so 4 days from the date that we gave Sonja the green light) with a very strong offer that was higher than the asking price, and we closed within 30 days. It was smooth sailing from start to to finish - she was always reachable and a pleasure to talk to. Thank you, Sonja!" - Lindsay B.

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #testimonials
...

1 0

Hosted a small gathering at our house tonight and this platter from @nibz_grazebox was a hit! Highly recommend. Order on their website or via messenger and they deliver! Presentation was amazing and the food delicious! ⭐️⭐️⭐️⭐️⭐️ ...

19 2

Congratulations to Kit on the sale of Forest Creek #4. Thank you to Kerrick and Yajaira at Coldwell Banker for bringing a cash buyer who is keeping the long-term tenant for a few months! Thanks to the tenant and Inyo Mono for a smooth escrow.

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #mammothhomes #monocountytourism #monocountyrealestate @west_side_realestate
...

4 0

Giving myself an A- for June goal achievement. Shooting for an A+ in July which includes upping my movement goals. I got this! ⭐️ #moveveryday #getoutside ...

18 4

Not just one but TWO Open Houses on Saturday, July 2. Stop by and check out two very different properties from 2 PM to 5 PM.

1330 Forest Trail is a 5 bedroom single family home

165 Old Mammoth #91 is a one+loft condo in Sierra Manors

LINK IN BIO for listing details.
...

6 0

FOR SALE! Looking for mountain modern luxury condo with all the creature comforts? Look no further than this desirable two-bedroom corner unit on the pool level of the Westin Monache.

Link in bio...

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #mammothhomes #monocountytourism #monocountyrealestate
...

3 0

All the wildlife coming out this month showing how much life there is in the Eastern Sierra. Anybody seen a bear yet??

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #trailrun #nature #summerfun
...

5 0

Independence Day is an action-packed day in Mammoth Lakes. Theres many fun, family friendly festivities planned on the Fourth of July and throughout the weekend. Personal fireworks are prohibited within Mono County, including the Inyo National Forest (INF), and Bureau of Land Management (BLM) lands. Be smart; leave the fireworks to the professionals and join us in the mountains for the celebration!

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #4thofJuly #nature #summerfun
...

5 0

"Sonja is an absolute gem!

Sonja is now part of a special moment in our lives for helping us find our vacation home in Mammoth Lakes. A place that I've been going to since my teen years, a place where I'd ditch school and drive to Mammoth Mountain, sleep in my car to get fresh tracks, a place where I got married and now a place where we can share family memories with our 2 boys.

Fully transparent throughout the whole search and purchase process in helping us find our 2nd home.

She was and still is always accessible via phone or text, and is always on the looking out for what fit our needs. She was our eyes and ears and helped facilitate much of the leg work while we were 6 hours away.

Her deep knowledge of the market and the local areas really helped guide us to picking the right location in Mammoth Lakes.

Anytime anyone asks who my real estate agent is, it's a no brained to say Sonja Bush! She'll take care of ya!"

- Michael H.

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #testimonials
...

5 0

Feeling the positive energy today 🙂

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #mammothhomes #monocountytourism #monocountyrealestate #positivity
...

8 1

It doesn’t matter if it’s a sellers’ market or one that’s more in favor of buyers; if a house is desirable and priced appropriately, the chances are you’re going to find yourself in a bidding war.

Makes sense, right? If you love the house, most likely other buyers in the market will as well. So, not only do you have to act fast, but you need to pull out all the stops in order to get your offer accepted.

But that doesn’t mean you want to offer more than you have to in order to get the house! It’d be nice to be able to submit an aggressive offer that’ll beat out every other offer, yet not go more than a few bucks higher than the next highest offer, right? Well, you can pull that off with the use of what is known as an escalation clause.

More info in by blog, link in bio...

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #mammothhomes #monocountytourism #monocountyrealestate #realestatetips #realestatetipsandtricks
...

7 0

Love my clients -- especially the ones who bring me gifts like these eggs from their very own hens! Thanks Sandra!

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #mammothhomes #monocountytourism #monocountyrealestate #grateful
...

4 1

There’s a lot going on in the United States economy, and that can directly influence the housing market both locally in Mammoth Lakes and nationwide.

So, what does the current economic climate in the US mean for the housing market in the coming months?

Check out more in my blog... Link in Bio...
...

2 0

We have all had one of "those" neighbors, right? I can help.

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #mammothhomes #monocountytourism #monocountyrealestate #realestatetips #realestatetipsandtricks
...

1 0

If Your Property Needs Major Updating or Repairs, Now Might Be the Perfect Time to Sell It...

More info in my blog, link in bio...

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #mammothhomes #monocountytourism #monocountyrealestate #realestatetips #realestatetipsandtricks
...

12 0

This weekend is the Flash Fox Trailfest. Mammoth is always coming up with new events and experiences like this. It's so wonderful to live here and be a part of all the fun things going on locally.

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #trailrun #nature #summerfun
...

5 0

Summer flights are here!

Fly with Advanced Airlines from Hawthorne (HHR) or Carlsbad (CLD) directly into Mammoth Lakes this summer between June 16 and September 12, 2022. United Airlines is offering flights into the Eastern Sierra Regional Airport in Bishop (BIH) this summer. Fy June 24 through September 5, via San Francisco daily except Saturdays.

See you in the mountains!

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #nature #summerfun
...

6 0

Let’s Talk

You’ve got questions and we can’t wait to answer them.

We use cookies and tracking technology in connection with your activities on our website. By viewing and using our website, you consent to our use of cookies and tracking technology in accordance with our Privacy Policy.