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Mammoth Lakes Real Estate Market Update for January 2024

January 15, 2024

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Mammoth Lakes Real Estate Market Update for January 2024

 

The article reviews the 2023 Mammoth Lakes real estate market, noting key highlights:

  • There was a 33% decrease in transactions compared to 2022.
  • Prices for Single Family Homes and Condos rose slightly by 3.5% and 1%, respectively.
  • The average days on market decreased by 6 days for Single Family Homes and 3 days for Condos.
  • The median sale price was $52,500 for Single Family Homes and $9,000 for Condos.
  • Overall, while fewer properties sold in 2023, those that did generally fetched higher prices.

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