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Mammoth Lakes Real Estate Market Update for June 2024

June 9, 2024

Market Update

Mammoth Lakes Real Estate Market Update for June 2024

As of May 2024, Mammoth Lakes remains largely a "sellers' market," although inventory levels are impacting negotiations. Condo sales are down 33% compared to 2023, with properties taking longer to sell. Single-family home (SFH) sales are 37.5% higher than the previous year, despite a temporary moratorium affecting inventory. Overall, the market is seeing slower trends in condo sales but continued strength in SFH transactions.

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