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Mammoth Lakes Real Estate Market Update June 2025

June 9, 2025

Market Update

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

The Mammoth Lakes real estate market began 2025 in a stable, balanced state, with steady inventory levels and pricing. While condo inventory experienced a notable increase in the spring, conditions remained within balanced market norms. Meanwhile, single-family home inventory also rose, shifting that segment from a seller’s market to a more neutral position. Despite these changes, pricing has held steady, and both buyers and sellers continue to engage in realistic negotiations, making this a favorable environment for informed decision-making.

Activity is strongest in specific price ranges across both condos and single-family homes, with demand varying significantly between entry-level, luxury, and ultra-luxury segments. Mortgage rates have remained relatively stable, and creative financing strategies are helping both buyers and sellers navigate the current landscape. Additionally, homeowners insurance remains a critical consideration, particularly given California’s evolving wildfire risk. To explore the full market breakdown, inventory trends, and strategic insights, read the full report on our blog.