Real Estate Market: August 1, 2021

Real Estate Market: August 1, 2021

Published On: August 4, 2021|Categories: Blog, Mammoth Real Estate, Market Trend Reports|Tags: , , , , |

Real Estate Market Report: August 1, 2021

 

Single Family Homes

The median sales price for a single-family home, Year-to-Date (YTD) in 2021, is $1,500,000 (up 69% vs. 2020), same as the last two month’s analysis. In 2020 the single-family home market in Mammoth Lakes produced a total of 126 sales and a median price of $885,000.  The YTD median price is based on 72 sales.

Single-Family Residential History Mammoth Lakes

Single-Family Residential History Mammoth Lakes

The graph below is a representation of the median single-family home pricing taken from table above:

Median Home Prices Mammoth

Condominium Market

The Year-to-Date (YTD) median price for a condominium in Mammoth Lakes was $590,000, which is 31% higher than the median price observed for all of 2020. This median price was determined through 259 sales YTD, compared to 442 sales in 2020.  This month’s YTD figures are 2% greater than last months.

Condo Prices Mammoth 2021

The graph below is a representation of the condominium pricing table above:

condominium pricing

Featured Listings

 

 

104 Joaquin Road – Four units backing to a wooded lot and the town multi-use path, only a few steps from Sierra Star Golf Course.  Building includes a detached two-car garage.  All units are two-bedroom units with a bath.  One of the units has been recently upgraded.  Click here for details or call Matthew.

104 Joaquin Road

117 Shady Rest Road – Amazingly remolded home centrally located in Mammoth.  This home is as turn-key as they come, and it has been beautifully appointed with top quality finishes. Three bedrooms, two bathrooms, with a larger patio, BBQ and outdoor spa.  Show by appointment only.  Take our Virtual Tour.

117 Shady Rest Road

 

5781 Minaret Road – 3.21 Acres of development land within the North Village Specific Plan.  This well-located parcel allows for 48 Rooms per acre and is just a short walk to the Village at Mammoth, Ski Gondola, and public transportation hub.  Ideal hotel development site. Watch a video of this parcel.  Call Ashley or Matthew for Details

aerial 5781 Minaret Road

670 John Muir #53 – This beautifully remodeled two-bedroom, two and a half bath condo is about as close as you can get to the Canyon Lodge Ski-Back trail to Timber Ridge Condominium.  In addition to a great location, it has been remodeled with good quality finishes and it has a private one-car garage.  Call Matthew or Ashley for Details.

670 John Muir #53