June 9, 2024
Market Update
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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