Condominium median
$750,000
$847,196 in 2026 money
Mammoth Lakes in 2022
A condominium sold for a median of $750,000 — $847,196 in today’s money, 6% above where it stands now. The Mammoth Times ran 216 stories we can still read.
Snowfall
260"
season total at the main lodge
Housing approved
118
residential units authorised
Lodging tax
$27,093,742
collected by the Town
What happened
- The mountainSustained Alterra capital investment
Alterra committed roughly $40-45 million a year to Mammoth Mountain, replacing Chairs 1 and 16 with six-packs, expanding snowmaking and planning a Main Lodge redevelopment.
All of the recent new construction and infusion of capital is clearly a byproduct of this Alterra affiliation.
Paul Oster Broker Report → - PandemicSecond-home demand cools from the pandemic peak
By spring 2022 national data showed vacation-home demand declining from its pandemic-fuelled 2021 peak, and work-from-home rental demand in Mammoth fell sharply.
Demand for vacation homes was still up 13% from pre-pandemic levels, but it’s declining after a pandemic-fueled second-home boom
Paul Oster Broker Report → - Economy & ratesInflation shock and the 2022 Fed rate spike
The Fed's 2022 tightening drove the 10-year Treasury above 4% and mortgage rates to 20-year highs, with Mammoth second-home and investor quotes reaching the 8% range.
Skyrocketing mortgage rates are clearly impacting the market but Mammoth is also experiencing low inventory.
Paul Oster Broker Report → - Policy & taxAllstate stops writing new California home policies
Allstate stopped accepting new homeowners, condo and commercial policy applications in California.
KTLA / insurance.com (secondary) → - Snow2022-23 season opens
Mammoth Mountain opened for the 2022-23 season.
Mammoth Mountain →
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.
- 01-10Are you experiencing winter allergies or is it something more serious?
- 01-28Small but important tips to help make your home more high-end
- 02-17Expecting More: One Man’s Psoriasis Journey to Clearer Skin
- 03-02Teaching the Next Generation to Celebrate the Eastern Sierra
- 04-06Treatment Hope for People with Bipolar I Disorder Symptoms
- 04-07A Lupus Patient’s Journey Living with the Disease
- 04-30Chasing the Big One
- 05-05This Week's Local Events Calendar
- 06-06Mammoth Surgeon and Author Raises $56,000 for Doctors Without Borders
- 10-02Los Empleados de la Industria de Servicios Denuncian la Explotación en el Lugar de Trabajo
- 10-02Mono County Service Industry Employees Call Out Workplace Exploitation
- 10-07Local Author Stacey Powells’ Brutally Honest Book Pushes It to Top Place on Amazon
- 10-28MUSD School Board Candidates Address Critical Race Theory
- 11-21Still Too Close to Call; Local Races Could Change
202 more stories from 2022 are in the corpus.
What changed hands
| Date | Where | Beds | Sq ft | Price |
|---|---|---|---|---|
| 2022-09-11 | Obsidian Villas | — | — | $2,600,000 |
| 2022-08-28 | Obsidian Villas | — | — | $2,600,000 |
| 2022-03-06 | The Village | — | — | $2,175,000 |
| 2022-03-06 | Creekhouse | — | — | $2,008,000 |
| 2022-03-06 | The Westin Monache | 3 | — | $1,760,000 |
| 2022-12-11 | Creekhouse | 3 | — | $1,700,000 |
| 2022-07-31 | Obsidian Villas | — | — | $1,695,000 |
| 2022-07-17 | Obsidian Villas | — | — | $1,695,000 |
| 2022-10-30 | Mammoth Slopes | — | — | $1,549,000 |
| 2022-03-20 | Mammoth Estates | 4 | — | $1,350,000 |
| 2022-04-17 | Snowcreek | — | — | $1,270,000 |
| 2022-01-02 | The Pointe | 2 | — | $1,250,000 |
The 12 largest of 44 recorded sales in 2022.
The ground
20 recorded earthquakes of magnitude 2.5 or greater in the Long Valley Caldera, the largest at M3.4.