December 15, 2025
Market Update
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The Mammoth Lakes real estate market is settling into a confident, healthy rhythm. While national trends continue to shift, local demand for the mountain lifestyle remains strong, highlighted by standout luxury sales and steady interest across a wide range of homes. Properties are taking a bit more time to sell, but prices are holding firm—a clear sign that balance has returned.
Condos continue to drive activity, with buyers responding quickly to homes that are well-presented and realistically priced. Single-family homes show similar resilience, especially those that are updated, well cared for, and offer features that support long-term mountain living. Across the board, buyers are thoughtful and selective, rewarding homes that truly stand out.
Nationally, calmer conditions are shaping expectations. Mortgage rates have stabilized, inventory feels more normal, and price growth has leveled into something sustainable. The result is a market where negotiation, preparation, and strategy matter more than urgency.
The takeaway is simple: this is not a slowdown, but a reset. Buyers have breathing room, sellers who plan carefully are still seeing success, and everyone benefits from a smarter, more intentional approach. Mammoth Lakes is moving forward with clarity, balance, and opportunity for those ready to meet the market where it is.
👉 Read the full report on our flip book linked above for detailed insights, trends, and expert takeaways on the Mammoth Lakes market.
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