Since Monday July 19th, 10 new listings, 10 price reductions and 2 sales have taken place in the Mammoth Lakes Board of Realtors.
Within the new Mammoth Lakes listings, 1 is a mobile home, and 8 are condominiums (2 are distressed properties).
Within the Price Reductions, 3 are single family homes, 3 are condominiums (all are distressed properties), and 3 are lots (1 is a distressed property).
The 2 sales include 1 Mammoth Lakes condominium which was a distressed property.
If you’ve been following my weekly and mid-week updates, you can see that the inventory has been increasing and so have the number of distressed properties within our inventory. More than ever before!
I see our inventory increasing through August and then dropping as sellers (who haven’t sold their property) pull their properties off the market and prepare for Winter rental income.
For current listing information, please log onto my real estate website at www.easternsierraproperties.com. Click on Property Search, organize your search criteria and all the appropriate listings will be displayed.
Please call or email me with any follow up questions.
My office number is 760-934-5088.
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