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Mammoth Lakes Real Estate Market Update May 2025

May 5, 2025

Market Update

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

The Mammoth Lakes real estate market remains relatively balanced in early 2025, with stable pricing and inventory levels that vary by property type. Condo inventory has increased but still reflects balanced market conditions, while single-family homes remain in shorter supply, leaning more toward a seller’s market. Buyer activity is strongest in mid-range price points, though properties across all segments are taking longer to sell, indicating a more cautious buyer mindset. Mortgage rates have held steady, with potential for slight declines later in the year, and creative financing options are helping buyers navigate affordability challenges. Insurance continues to be a key concern, especially in high-risk areas, making early planning essential.

Overall, working with an experienced real estate team remains critical for successfully navigating this shifting market.