Condominium median
$402,500
$529,854 in 2026 money
Mammoth Lakes in 2018
A condominium sold for a median of $402,500 — $529,854 in today’s money, 34% below where it stands now. The Mammoth Times ran 36 stories we can still read.
Snowfall
262"
season total at the main lodge
Housing approved
42
residential units authorised
Lodging tax
$18,095,147
collected by the Town
What happened
- Snow2017-18 dry winter
One year after the record winter Mammoth fell back into a drought pattern, with holiday crowds carried largely by snowmaking.
Mammoth is clearly in a drought weather pattern
Paul Oster Broker Report → - The mountainRusty Gregory named Alterra CEO
The new conglomerate was named Alterra Mountain Company in January 2018 and long-time MMSA chief Rusty Gregory was named its CEO in February 2018.
the biggest ski industry news during the period is that Rusty Gregory was named the CEO of the new Alterra Mountain Company
Paul Oster Broker Report → - Policy & taxTCJA Section 179 expensing extended to rentals
TCJA applied Section 179 immediate expensing to residential rental property, a direct benefit to Mammoth nightly-rental condo owners.
owners of Mammoth condos on nightly rental programs will be able to expense (write-off) major improvements
Paul Oster Broker Report → - The mountainIkon Pass launch
Alterra launched the Ikon Pass in early 2018 to rival Vail's Epic Pass, initially at $899 before adding unlimited Mammoth access to a cheaper Base Pass after local protest.
I have new clients that are in clear “crashpad” mode — wanting to purchase small condos for their own use
Paul Oster Broker Report → - Earthquake & volcanoCalifornia insurers begin scrutinizing Mammoth fire risk
After the 2017 California wildfires, insurers started re-examining coverage for communities adjacent to fire-prone wildland, including the periphery of Mammoth Lakes.
a new headache might be brewing for local property owners and the real estate industry; fire insurance
Paul Oster Broker Report → - Economy & ratesFed tightening pushes mortgage rates to a 7-year high
The 10-year Treasury moved well above 3% in October 2018 and mortgage rates reached a seven-year high as the Fed continued tightening.
The 10-year Treasury moved well over 3% and mortgage rates have hit a seven year high.
Paul Oster Broker Report → - Earthquake & volcanoCamp Fire smoke reaches the Eastern Sierra
The Camp Fire in Butte County, roughly 250 miles from Mammoth, generated regional smoke transport documented in peer-reviewed work.
CAL FIRE incident page →
What the paper was writing about
Headlines only, linked to the Mammoth Times. We read the Internet Archive’s copies and cite the paper; the words are theirs.
- 04-24UPDATE: Mammoth Student Arrested on Terrorist Threat Charges
- 06-29Lions Fire Slows Growth; Smoke Still Possible Near Mammoth
- 07-03Road Delays on Highway 395, Highway 6; Plan Ahead During Busy Holiday Week Ahead
- 07-09New Wildfire Burning Near Mt. Whitney Closes Whitney Portal Road
- 07-11Mammoth Surgeon Writes Medical Thriller; Raises Money for Charity
- 08-10Yosemite Valley Reopens Aug. 14, 9 a.m.
- 08-13Mono defies DWP; lawsuit could follow
- 08-15Dramatic Rescue on Mt Ritter: Woman Survives 100' Fall
- 08-17Mono Will Sue DWP This Week
- 08-27Lions Fire Meetings Today/Questions Answered
- 09-05New Fire Near Sonora Pass Junction Closes U.S. 395; Grows to 3,000-Plus-Acres
- 09-14Some Boot Fire Areas Reopen; Hunting Season Gets Underway
- 10-17A New Wildfire Sends Smoke Up Near Mammoth Mountain
- 12-07Squaw Valley movie depicts development war
22 more stories from 2018 are in the corpus.
What changed hands
| Date | Where | Beds | Sq ft | Price |
|---|---|---|---|---|
| 2018-10-07 | Stonegate | — | — | $1,575,000 |
| 2018-09-09 | Creekhouse | — | — | $900,000 |
| 2018-11-04 | The Village | — | — | $747,500 |
| 2018-11-04 | The Village | — | — | $700,000 |
| 2018-12-02 | The Village | — | — | $662,500 |
| 2018-08-12 | Lincoln House | 2 | — | $659,000 |
| 2018-08-26 | Grand Sierra Lodge | 2 | — | $652,000 |
| 2018-08-26 | The Village | 2 | — | $652,000 |
| 2018-10-21 | The Village | — | — | $650,000 |
| 2018-10-07 | The Summit | 2 | — | $610,000 |
| 2018-10-21 | The Westin Monache | 2 | — | $575,000 |
| 2018-08-26 | Meadowridge | 3 | — | $449,000 |
The 12 largest of 14 recorded sales in 2018.
The ground
21 recorded earthquakes of magnitude 2.5 or greater in the Long Valley Caldera, the largest at M3.1.