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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 10/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $457,500 $402,500 $349,900 $299,750 $305,000 $292,500 $265,000 $244,000
Median* Days on Market 82 69 70 117 113 89 105 123
Total Condos SOLD 316 348 407 304 271 259 345 299

 

Through October 2019, condo prices are up nearly 14% over year-end 2018. The trend indicates roughly 9% more condos will sell in 2019, and those that do sell are taking 16% longer to sell than in 2018.

 

 

Single-Family Homes

 

Through 10/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $767,625 $890,000 $750,000 $682,500 $694,400 $619,000 $580,000 $575,000
Median* Days on Market 94 113 131 132 165 145 103 181
Total SF Homes Sold 87 87 95 98 91 85 90 91

 

Through October 2019, single family home prices are down approximately 14% from year-end 2018. The trend for 2019 indicates roughly 16% more single family homes will sell in 2019 as in 2018. Those that do sell are selling approximately 27% faster than in 2018.

 

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

 

Currently Listed Condos Single-Family Homes
Median Price* $425,000

UP from $409,900 in October

$989,499

UP from $975,000 in October

Median Days on Market* 103

UP from 82 in October

118

UP from 98 in October

Total Available November 1** 84

DOWN from 103 in October

66

UP from 65 in October

 

*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 PDF report.

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 9/30/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $451,000 $402,500 $349,900 $299,750 $305,000 $292,500 $265,000 $244,000
Median* Days on Market 77 69 70 117 113 89 105 123
Total Condos SOLD 273 348 407 304 271 259 345 299

 

Through September 2019, condo prices are up approximately 12% over year-end 2018. The trend indicates roughly 4% more condos will sell in 2019, and those that do sell are taking 11% longer to sell than in 2018.

 

 

Single-Family Homes

 

Through 9/30/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $779,500 $890,000 $750,000 $682,500 $694,400 $619,000 $580,000 $575,000
Median* Days on Market 94 113 131 132 165 145 103 181
Total SF Homes Sold 74 87 95 98 91 85 90 91

 

Through September 2019, single family home prices are down approximately 14% from year-end 2018. The trend for 2019 indicates roughly 17% more single family homes will sell in 2019 as in 2018. Those that do sell are selling approximately 20% faster than in 2018.

 

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

 

Currently Listed Condos Single-Family Homes
Median Price* $409,900

DOWN from $424,900 in September

$975,000

DOWN from $1,050,000 in September

Median Days on Market* 82

UP from 65 in September

98

UP from 63 in September

Total Available October 1** 103

DOWN from 129 in September

65

DOWN from 69 in September

 

*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 PDF report.

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 8/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $455,000 $402,500 $349,900 $299,750 $305,000 $292,500 $265,000 $244,000
Median* Days on Market 79 69 70 117 113 89 105 123
Total Condos SOLD 241 348 407 304 271 259 345 299

 

Through August 2019, condo prices are up approximately 13% over year-end 2018. The trend indicates roughly 4% more condos will sell in 2019, and those that do sell are taking 14% longer to sell than in 2018.

 

 

Single-Family Homes

 

Through 8/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $774,000 $890,000 $750,000 $682,500 $694,400 $619,000 $580,000 $575,000
Median* Days on Market 97 113 131 132 165 145 103 181
Total SF Homes Sold 63 87 95 98 91 85 90 91

 

Through August 2019, single family home prices are down approximately 15% from year-end 2018. The trend for 2019 indicates roughly 8% more single family homes will sell in 2019 as in 2018. Those that do sell are selling approximately 16% faster than in 2018.

 

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

 

Currently Listed Condos Single-Family Homes
Median Price* $424,900

DOWN from $429,000 in August

$1,050,000

NO CHANGE from August

Median Days on Market* 65

UP from 44 in August

63

UP from 45 in August

Total Available September 1** 129

UP from 128 in August

69

UP from 65 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 PDF report. 

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 7/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $450,000 $402,500 $349,900 $299,750 $305,000 $292,500 $265,000 $244,000
Median* Days on Market 85 69 70 117 113 89 105 123
Total Condos SOLD 208 348 407 304 271 259 345 299

 

Through July 2019, condo prices are up approximately 12% over year-end 2018. The trend indicates roughly the same number of condos will sell in 2019, and those that do sell are taking 23% longer.

 

 

Single-Family Homes

 

Through 7/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $785,000 $890,000 $750,000 $682,500 $694,400 $619,000 $580,000 $575,000
Median* Days on Market 102 113 131 132 165 145 103 181
Total SF Homes Sold 53 87 95 98 91 85 90 91

 

Through July 2019, single family home prices are down approximately 14% from year-end 2018. The trend for 2019 indicates about the same number of homes will sell in 2019 as in 2018. Those that do sell are selling approximately 10% quicker than in 2018.

 

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

 

Currently Listed Condos Single-Family Homes
Median Price* $429,000

DOWN from $449,250 in July

$1,050,000

UP from $949,000 July

Median Days on Market* 44

DOWN from 62 in July

45

DOWN from 55 in June

Total Available August 1** 128

UP from 108 in July

65

UP from 41 in July

 

*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 PDF report.

 

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 6/30/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $450,000 $402,500 $349,900 $299,750 $305,000 $292,500 $265,000 $244,000
Median* Days on Market 91 69 70 117 113 89 105 123
Total Condos SOLD 169 348 407 304 271 259 345 299

 

At the end of the first half of 2019, condo prices are up approximately 12% over year-end 2018. The trend indicates roughly the same number of condos will sell in 2019, and those that do sell are taking 30% longer.

 

 

Single-Family Homes

 

Through 6/30/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $832,500 $890,000 $750,000 $682,500 $694,400 $619,000 $580,000 $575,000
Median* Days on Market 122 113 131 132 165 145 103 181
Total SF Homes Sold 42 87 95 98 91 85 90 91

 

At the end of the first half of 2019, single family home prices are down approximately 7% from year-end 2018. The trend for 2019 indicates about the same number of homes will sell in 2019 as in 2018. Those that do sell are taking approximately 8% longer to sell.

 

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

 

Currently Listed Condos Single-Family Homes
Median Price* $449,250

UP from $439,900 in June

$949,000

No change from June

Median Days on Market* 62

UP from 51 in June

55

DOWN from 57 in June

Total Available July 1** 108

UP from 107 in June

46

UP from 41 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 PDF report.

 

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 eight years of transactions closed and current inventory.

 

Condos

 

Through 5/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $444,500 $402,500 $349,900 $299,750 $305,000 $292,500 $265,000 $244,000
Median* Days on Market 91 69 70 117 113 89 105 123
Total Condos SOLD 149 348 407 304 271 259 345 299

 

At the end of May 2019, condo prices are up approximately 10% over year-end 2018. The trend indicates roughly the same number of condos are selling so far in 2019, and those that do sell are taking 30% longer.

 

 

Single-Family Homes

 

Through 5/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $792,000 $890,000 $750,000 $682,500 $694,400 $619,000 $580,000 $575,000
Median* Days on Market 131 113 131 132 165 145 103 181
Total SF Homes Sold 32 87 95 98 91 85 90 91

 

At the end of May 2019, single family home prices are down 12% from year-end 2018. Based on the first five months of 2019, the market is trending to sell slightly fewer single family homes as compared to 2019 (down 8%). Those that do sell are taking approximately 16% longer to sell.

 

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

 

Currently Listed Condos Single-Family Homes
Median Price* $439,900

DOWN from $449,000 in May

$949,000

No change from May

Median Days on Market* 51

DOWN from 55 in May

57

DOWN from 74 in May

Total Available on May 1** 107

UP from 95 in May

41

UP from 43 in May

 

 

*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 PDF report.

 

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 eight years of transactions closed and current inventory.

 

Condos

 

Through 4/30/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $427,250 $402,500 $349,900 $299,750 $305,000 $292,500 $265,000 $244,000
Median* Days on Market 91 69 70 117 113 89 105 123
Total Condos SOLD 106 348 407 304 271 259 345 299

 

At the end of April 2019, condo prices are up approximately 6% over year-end 2018. Fewer condos are selling so far in 2019 (trending down 8% over 2018) and those that do sell are taking 30% longer to sell.

 

 

Single-Family Homes

 

Through 4/30/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $799,000 $890,000 $750,000 $682,500 $694,400 $619,000 $580,000 $575,000
Median* Days on Market 140 113 131 132 165 145 103 181
Total SF Homes Sold 30 87 95 98 91 85 90 91

 

At the end of April 2019, single family home prices are down 11% from year-end 2018. Based on the first four months of 2019, the market is trending to sell about the same number of homes. Those that do sell are taking approximately 25% longer to sell.

 

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

 

Currently Listed Condos Single-Family Homes
Median Price* $449,000

DOWN from $469,000 in April

$949,000

DOWN from $995,000 in April

Median Days on Market* 55

DOWN from 73 in April

74

DOWN from 116 in April

Total Available on May 1** 95

UP from 89 in April

43

UP from 34 in April

 

 

*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 PDF report.

 

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 eight years of transactions closed and current inventory.

 

Condos

 

Through 3/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $420,000 $402,500 $349,900 $299,750 $305,000 $292,500 $265,000 $244,000
Median* Days on Market 74 69 70 117 113 89 105 123
Total Condos SOLD 71 348 407 304 271 259 345 299

 

At the end of the first quarter of 2019, condo prices are up approximately 4% over year-end 2018. Fewer condos are selling so far in 2019 (trending 78% in 2018) and those that do sell are taking 7% longer to sell.

 

 

Single-Family Homes

 

Through 3/31/19 2018 2017 2016 2015 2014 2013 2012
Median* Sold Price $800,000 $890,000 $750,000 $682,500 $694,400 $619,000 $580,000 $575,000
Median* Days on Market 149 113 131 132 165 145 103 181
Total SF Homes Sold 17 87 95 98 91 85 90 91

 

At the end of the first quarter of 2019, single family home prices are down 11% from year-end 2018. Fewer single family homes are selling (trending 73% of 2018) and those that do sell are taking 31% longer to sell.

 

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

 

Currently Listed Condos Single-Family Homes
Median Price* $499,000

DOWN from $469,000 in March

$995,000

UP from $991,500 in March

Median Days on Market* 73

UP from 66 in March

116

UP from 106 in March

Total Available on April 1** 89

DOWN from 94 in March

34

DOWN from 38 in March

 

 

*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 PDF report.

 

Mammoth Lakes Real Estate Market Update – Year End 2018

 

Mammoth Lakes Real Estate Market Update – November 2018

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