Mammoth Lakes Real Estate Market Update July 2025

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

The Mammoth Lakes housing market began the year relatively balanced, but recent trends indicate a shift, especially in the condo segment. While lower-priced and luxury condos continue to see strong buyer interest, mid-priced units are experiencing slower movement, suggesting a shift toward a buyer’s market in that segment.

The single-family home market has also changed, moving from a seller’s advantage to a more balanced position. Buyer activity is strongest in the mid-price ranges, while high-end homes are taking longer to sell.

Despite increased inventory, home prices remain stable and have even risen slightly compared to last year. Buyer activity is steady in certain price ranges, and while condos are selling a bit quicker, single-family homes are seeing longer market times.

National factors—such as higher mortgage rates, increased inventory, and affordability challenges—are also influencing the local market. However, buyers are finding creative ways to finance, and sellers are needing to be more strategic with pricing and negotiation.

Overall, buyers now have more choices and less competition, while sellers must focus on realistic pricing and flexible terms. Working with an experienced real estate professional is key to navigating this shifting market successfully. Read the full report on our flip book linked above.