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Mammoth Lakes Real Estate Market Update April 2025

April 29, 2025

Market Update

📖 VIEW THE FULL REPORT HERE 🎧LISTEN TO THE PODCAST HERE

The Mammoth Lakes real estate market remains balanced, offering fair conditions for both buyers and sellers. Condo sales recently edged higher compared to the previous year, despite a dip in prices that was followed by a strong rebound. At the same time, these properties are spending more time on the market. Single-family home sales have slowed, but prices have seen a modest rise, and the current pace of activity appears steady, though with longer selling periods. Inventory levels continue to fluctuate, particularly among condos, which experienced a noticeable increase earlier this year. Interest rates remain steady, with potential for decreases later on. Buyers and sellers are increasingly turning to creative financing strategies, such as rate buy-downs and seller concessions. Meanwhile, insurance availability continues to pose challenges, particularly in higher-risk zones.