Condominium median
$475,000
$606,557 in 2026 money
Mammoth Lakes in 2020
A condominium sold for a median of $475,000 — $606,557 in today’s money, 24% below where it stands now. The Mammoth Times ran 97 stories we can still read.
Snowfall
281"
season total at the main lodge
Housing approved
51
residential units authorised
Lodging tax
$13,470,658
collected by the Town
What happened
- Economy & ratesRecord-low mortgage rates and pandemic stimulus
Sub-3% mortgage rates plus large fiscal and monetary stimulus produced roughly 20 months in which buyers vastly outnumbered sellers.
Ridiculously low mortgage rates and huge infusions of cash into the economy helped fuel the madness.
Paul Oster Broker Report → - The mountainDave McCoy dies at 104
Mammoth Mountain founder Dave McCoy died on February 8, 2020, closing the founding chapter of the resort's history.
The big Mammoth news for the period was the passing of Dave McCoy at the age of 104.
Paul Oster Broker Report → - The mountainAlterra shuts Mammoth Mountain for COVID
Alterra abruptly closed Mammoth Mountain and its other resorts on March 15, 2020, later cutting planned capital spending and facing a pass-refund class action.
got the message that Alterra was closing down Mammoth Mountain effective this morning
Paul Oster Broker Report → - PandemicCOVID-19 lockdown freezes the Mammoth market
California's March 2020 stay-at-home order, arriving with the ski area closure and a stock market sell-off, halted showings and travel to Mammoth.
the Covid lockdowns froze the market and there was incredible uncertainty as to what would happen
Paul Oster Broker Report → - Earthquake & volcanoCreek Fire smoke and evacuation fears
The Creek Fire, then the largest single wildfire in California history, burned to within 10-12 miles of Mammoth from September 2020, blanketing the town in hazardous smoke for weeks.
The hazardous air quality and lack of inventory are all clearly impacting the sales activity.
Paul Oster Broker Report →
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.
- 01-17What to Do This Week Near Mammoth; Jan. 17-22
- 02-07This Week's Event Calendar, Feb. 6-13
- 02-14This Week's Events Calendar: Feb. 13-20
- 03-09Jack Copeland leaves behind Mammoth-sized legacy
- 03-12What’s Next for Eastern Sierra and COVID-19? An Interview With Mono County Public Health Officer Dr. Thomas Boo
- 03-20Local Contractors Face Uncertainty, Questions
- 04-02Is there really a food shortage out there? No, but there are temporary shortages of some things – here is why
- 05-01Mammoth offers new nurse hotline, new Covid-19 tests
- 06-05Mono aims for phased short term rental opening beginning June 12; effort could still be thwarted
- 09-17Of smoke and masks; how do we wear masks now and what works for smoke?
- 09-17Creek Fire keeps Mammoth on edge; town plans for the worst but evacuation still considered unlikely
- 12-13Mono Plunges into Dark Winter As Cases Explode, Holiday Hopes Dashed
- 12-18Vaccines Coming As Soon as This Week - But No Impact on Virus Spread for at Least a Month
- 12-19Lee Vining High’s Andrea Santillan wins prestigious scholarship to Claremont McKenna College
83 more stories from 2020 are in the corpus.
What changed hands
| Date | Where | Beds | Sq ft | Price |
|---|---|---|---|---|
| 2020-11-01 | The Lodges | — | 3500 | $1,565,000 |
| 2020-11-15 | Snowcreek | — | — | $1,320,000 |
| 2020-11-01 | Obsidian Villas | — | — | $1,275,000 |
| 2020-03-01 | Eagle Run | 3 | — | $1,195,000 |
| 2020-02-16 | White Mountain Lodge | 3 | — | $1,150,000 |
| 2020-10-18 | The Pointe | — | — | $828,000 |
| 2020-10-18 | The Pointe | — | — | $825,000 |
| 2020-01-05 | Mammoth Slopes | — | — | $780,000 |
| 2020-11-29 | White Mountain Lodge | 2 | — | $675,000 |
| 2020-06-21 | Mammoth Estates | 4 | — | $625,000 |
| 2020-09-27 | The Westin Monache | 2 | — | $612,500 |
| 2020-03-14 | Eagle Run | — | — | $585,000 |
The 12 largest of 34 recorded sales in 2020.
The ground
33 recorded earthquakes of magnitude 2.5 or greater in the Long Valley Caldera, the largest at M4.4.