Mammoth Lakes CA Real Estate Blog

Hillside Highlands Luxury Townhomes

Aerial Photo of Hillside Highlands DevelopmentMany people are wondering and asking what is being built at the corner of Canyon Blvd. and Hillside Drive, directly adjacent to the Village at Mammoth.  If you’ve been to Mammoth recently and have driven past the Village, you may have noticed that construction is well under way for what will be the future home of the “Hillside Highlands”.  This is a privately-owned luxury townhome development, which is independent of the Village at Mammoth, but will also offer nightly, as well as long-term, rental opportunities.  The Hillside Highlands will rival the finest accommodations typically found in resorts such as Aspen, Colorado and Deer Valley, Utah (now under the same ownership as Mammoth Resorts).

With the recent acquisition of Mammoth Resorts by the Aspen/KSL conglomerate (which will develop a name and brand for their company at a later date), the timing of this development couldn’t be better.  Mammoth has always been in need of larger, more luxurious, and more sophisticated accommodations in the Village area.  Undoubtedly, Mammoth’s new ownership will have a combined season pass similar to that of “The Epic Pass” offered by Vail Mountain Resorts.  A likely inclusive season pass to incorporate all of the resorts owned by the Aspen/KSL conglomerate, may attract the frequent Deer Valley or Aspen visitor to Mammoth, which would expect this level of accommodations.
Hillside Highlands Construction in ProgressOnly the best location, builder and...

Mammoth Lakes Peak of the Market vs. Today’s Real Estate Values

How is the Mammoth Lakes real estate market doing in comparison to its 2006 peak of the market prices?  The short answer is: Still a way to go to catch up to those property values. 

Village at Mammoth at Dusk During Summer FestivalSome background on what spurred the price increase in property values during Mammoth’s 2006 peak of the market prices.  Back in the early 90s, you could buy a 1 & loft, 1-bath condo for around $70,000 (in town). During the period between 1996 and 2000, real estate property values roughly doubled in price.  Up until Intrawest came to town in the late 1990s with big plans, Mammoth looked much different.  There was no “Village at Mammoth”, Village gondola, we still had “Warming Hut 2” and the chairs were all numbered and in much need of some upgrades. 

Intrawest completed construction on the first condo development, Juniper Springs Lodge, in 1999.  This was the official start on their development plans in Mammoth that would drastically raise property values in the years to follow.  The additional developments that followed Juniper Springs Lodge were: Sunstone in 2000, Mammoth Green & Eagle Run in 2002, Juniper Crest I & II in 2004/2005, Cabins at Crooked Pines in 2005 and Solstice in 2006.  While the new Eagle Lodge condo developments were being completed, the Village at Mammoth broke ground in 2000 with the first of the buildings (White Mountain Lodge) completed in 2001, Lincoln House in 2003 and Grand Sierra Lodge in 2004.  When Starwood Capital Group LLC announced the purchase of Mammoth Mountain in 2005, prices skyrocketed to historic levels. 

Seasons 4 Condo Complex Sign at Dusk...

Mammoth Lakes Real Estate Market Trends August 28, 2017

Deer Valley Ski Area, Utah Many of you may have already heard about the acquisition of Mammoth Mountain by KSL/Crown Family, who also just purchased Deer Valley in Utah.  The KSL/Crown company will come up with a new name and brand for the new partnership with a growing portfolio of ski resorts in North America.  Similar to Vail’s “Epic Pass”, eventually, Mammoth passholders will most likely have access to the conglomerate of ski resorts owned by KSL/Crown, which include:  Aspen Highlands, Colorado, Aspen Mountain, Colorado, Buttermilk, Colorado, Snowmass Ski Area, Colorado, Alpine Meadows, California, Bear Mountain Resort, California, Blue Mountain, Ontario, June Mountain, California, Mammoth, California, Snow Summit, California, Snowshoe, West Virginia, Squaw Valley, California, Steamboat Ski & Resort Corporation, Colorado, Stratton, Vermont, Tremblant, Quebec, and Winter Park Resort, Colorado.  As Mammoth is discovered by more people because of the new ownership and other resorts under their umbrella, perhaps this will drive more demand to owning real estate and prices will continue to rise. 

The current inventory levels have increased over the past couple of weeks, however, inventory levels are still quite low for late August.  There are 58 homes on the market, 85 condos and 46 lots.  Inventory for this time of year is usually double the amount for condos, which have been very popular under the $500K price point during spring and early to mid-summer months.  As of today, there are a total of 16 homes, 53 condos...

54 Bridges Lane, Greyhawk, Mammoth Lakes New Listing

54 Bridges Lane front of home from streetNew to market, this masterpiece of a home is a “one of a kind” in Mammoth Lakes.  Designed by the Landry Group and built by Finton Construction in 2011, this could arguably be one of the top 3 homes in all of Mammoth Lakes.  Only the highest quality of stone, fixtures, architectural details and exquisite décor were used to create this luxurious home located in the 54 Bridges Lane Living Room Greyhawk subdivision above Eagle Lodge, which is one of the top and most exclusive neighborhoods in Mammoth.  The magnificent interiors include 6 bedrooms,6 ½ baths, heated 2-car garage, well-designed and large mudroom, 2 separate living spaces, custom and state-of-the art cinema with leather recliners, billiard room, spacious gourmet kitchen, French Limestone flooring, hydronic heating in floors, monitored security system, integrated surround sound, multiple balconies to capture the spectacular views, steam shower in the master bath, mother-of-pearl mosaic tiling up the walls in the guest bathroom, marble, quartz and a variety of high-end finishes throughout. 

54 Bridges Lane Great Room54 Bridges Lane, which...

Mammoth Lakes Real Estate Market Conditions August 8, 2017

Snowcreek Meadow with Wildflowers and Mammoth Rock in BackgroundWe’ve had some gorgeous summer weather in Mammoth Lakes with the exception of this past weekend, with some heavy rains on Saturday during the “Blues and Brews” festival.  The meadows and the foliage are spectacular this year.  Wildflowers of every variety seemed to have popped up after the rainstorm this weekend.  Mammoth Mountain officially closed this weekend for skiing, but the recreation continues with the mountain bike park in full swing.  Warm temperatures are expected to continue (low to mid 70s) over the next 10 days. 
As of today, Tuesday, August 8th, 2017, the Mammoth Real Estate market has 54 homes, 80 condos and 43 lot listings for sale.  There is currently a total of 47 condos in escrow, 18 homes in escrow, and 3 vacant land listings in escrow.  Condo pending sales data is as follows:  Average days on market at 78, median days on market at 43, highest list price at $1,149,000, lowest list price at $150,000, average list price at $432,280, and total sales volume for condos in escrow at $20,317,200.  Single family homes pending sales data is as follows: Average days on market at 113, median days on market at 53, highest list price at $3,200,000, lowest list price at $274,500 (USFS cabin), average list price at $862,852, median list price at $790,000 and total sales volume of homes in escrow at $14,668,500.  Out of the 3 vacant land listings in escrow, one is located at the Bluffs with a list price of $419,000. 
13 Larkspur House Near Village Multiple Offers...

Mammoth Mountain Resorts Purchase Complete & Market Conditions

Mammoth Mountain Ski AreaIt’s now official; Mammoth Mountain Resorts has changed ownership.  KSL Capital Partners (KSL) and Henry Crown and Company (HCC) have completed the purchase, which includes Mammoth Mountain ski area, June Mountain, Bear Mountain and Snow Summit.  KSL and HCC also own Canadian Mountain Holidays (CMH) heli-ski operation, various real estate businesses, Squaw Valley in California, Alpine Meadows in California, Steamboat ski resort in Colorado, Winter Park in Colorado, Blue Mountain in Ontario, Mont Tremblant in Quebec, Stratton Mountain in Vermont, and Snowshoe Mountain Resort in West Virginia.
Along with the completed purchase of Mammoth Mountain resorts, changes to the leadership and management structure have been implemented.  Bryan Traficanti of KSL is now the interim Chief Executive Officer of the new company until the position is filled.  Thomas Marano, Chief Executive Officer of Intrawest resigned, Rusty Gregory, Mammoth Resort’s Chairman and CEO, is now an investor in the new company and will serve on the Board, and become Senior Strategic Advisor to the new company.  Mark Brownlie is the newly appointed President and COO of Mammoth Resorts.
The statement below was released yesterday by the new company’s (KSL & HCC) interim CEO, Bryan Traficanti: “This transaction marks a significant milestone for our company, our guests, and our communities, and we are excited about the opportunities that lie ahead as a result of combining Intrawest, Squaw Valley Ski Holdings, and Mammoth Resorts. “We believe that each resort brings something different to the company, and our goal is to preserve the unique character and culture of each while also building something greater. Supported by affiliates of KSL and HCC, ...

Mammoth Lakes Real Estate Market Conditions May 26, 2017

Mammoth Lakes back country lakeHeading into the unofficial start of the summer, Memorial Day weekend, Mammoth Mountain still has several feet of snow, which would compare with coverage for an above average season during late February.  Because of the substantial snowpack, which will take quite some time to melt, the outdoor recreational opportunities will be limited.  Camping, hiking, and even golf may not be an option until July.  Although most of the snow has melted from the Snowcreek golf course, the flooding is an issue with the snow that has just begun to melt from the Sherwins and Crest.  Mammoth has had some short bursts of warm weather, which has started the snowmelt, but we haven’t seen anything yet!  The Snowcreek meadow preserve has become one flowing river, which will only intensify once the temperatures turn very warm for extended periods of time.  Enormous amounts of snow can be great fun in the winter months for skiing, but can slow down the summer recreational activities in the higher elevations due to the time it takes for the snow to melt.   It is questionable as to when the campgrounds surrounding the lakes basin will be clear of snow and open for camping this summer.  The HWY 120 to Yosemite isn’t expected to open until July this year as well.  There is no doubt that the summer foliage will be exceptional this year with a variety of wild flowers and greenery all over Mammoth.  Mammoth Lakes offers exceptional beauty in the summer months that many of the winter visitors have yet to discover. 

The Mammoth Lakes real estate market experienced a noticeable increase in sales volume during the months of April and May, which is uncharacteristic for this time of year.  Typically, after Canyon and Eagle Lodges both...

Mammoth Lakes Real Estate Market Conditions February 19, 2017

Top of Mammoth Mountain Ski Area on February 14, 2017The skiing and opportunity for winter recreation have been incredible so far this winter season.  The mountain has gotten so much snow that even some of the expert runs now seem to be accessible for many skiers and boarders for the first time in years.  In all of the 17 years I’ve lived in Mammoth, I can’t recall this amount of snow by February 19th.  The storm track seems to continue to be active into the long range forecast.  Mammoth Mountain now reports having the most snow in the country, which is not a stretch of the truth at all…  Check out “On the Snow’s” reporting of the most snowfall for U.S. ski resorts showing Mammoth Mountain at the top with 350” at the summit.  

Although it’s a blessing to have so much snow after the consecutive years of drought (since 2010/2011 ski season), the copious amounts of snow have also brought the Town of Mammoth with the issues of dealing with too much snow all at once.  Although many of the storms have brought feet of snow, some of the storms were above freezing, which brought several inches of rain (on top of the feet of snow) to Mammoth.  This created flooding issues in various complexes around town.  The roads took quite a bit of work to get caught up with snow removal after the powerful series of storms in January that brought feet of snow to Mammoth, but everything seems to be under control at the moment.  The Town has had to start trucking out piles of snow lining the streets around town to keep the option open for emergency...

Mammoth Lakes Summer 2016 Review

Fishing and Kayaking on Twin Lakes in MammothSummer is officially coming to an end as we begin our transition into fall and the lovely fall colors that this wonderful season brings.  Mammoth enjoyed record tourism this summer with record-breaking visitor numbers.  So many people were here enjoying the Eastern Sierra and the wide range of outdoor recreational activities: Back packing, Fishing, golf, hiking, mountain biking, road biking, tennis, paddle boarding, moto cross and paragliding (to name a few).  It seems that the hot temperatures in Southern California motivated visitors to head for the mountains, which resulted in Mammoth’s busiest summer in history.  I remember years ago when our shoulder seasons would last about six months of the year, which would begin in April and last through October.  The director of tourism for Mammoth has done an exceptional job in putting Mammoth on the map and getting people here to enjoy the year-round resort community, which Mammoth has become.  I’m not sure we really even have a shoulder season anymore.  People seem to be drawn to Mammoth all year long to enjoy the multitude of recreational opportunities or festivals.  Seeing this consistent explosion in tourism is great for the local businesses, which depend on tourism to survive.  

Snowcreek Fairway Ranch on Golf Course Entrance SignIn terms of real estate, it was a busy summer with record inquiries on active listings, property showings, and a lot of curiosity about possibly owning a vacation home/condo...

Mammoth Lakes Real Estate Market Conditions & Featured Properties in the Spotlight

Mammoth Creek with Views of Snow Covered Sherwin MountainsSpring has sprung in Mammoth.  The long-awaited warmer temperatures, creeks flowing, green grass and flowers are finally here, just in time for Memorial Weekend.  The weather should be beautiful with sunny skies in the mornings and thunderstorms in the afternoons over the long weekend.  The Town of Mammoth Lakes is reporting a projected occupancy of 80% over the weekend, which is almost as high as peak winter ski season.  Both the Sierra Star and Snowcreek golf courses opened this morning and are looking great!  After a few months of uncertainty and discussions about the Sierra Star golf course possibly shutting down
for good, it is a welcome sight to see this extremely valuable resort amenity in full operation.  

Sierra Star Golf Course Opening Day with Sherwins in Background

So, what is the Mammoth Lakes real estate market doing?  Below are charts with closed sales data for all categories combined and individual categories from January 1st, 2015 through May 27, 2015 (last year), and the same period year-to-date.    

January 1, 2015 – May 27, 2015, had a total of 128 closed sales for homes, condos and lots combined.  There was a total of 26 closed residential sales (single family homes), 99 condos and 2 lots: 

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Marriott International & Starwood Hotels and Resorts – Acquisition of Westin Monache, Mammoth Lakes, CA

Side by Side Photo of Marriott & Starwood Hotels at NightAs you may or may not have heard, on November 17, 2015, Marriott International began the process of purchasing Starwood Hotels and Resorts.  Part of this acquisition includes the popular Westin Monache resort condo hotel in Mammoth Lakes.  I only learned of this yesterday when a client who owns a condo at the Westin Monache advised that this was in process.  The combination of these two hospitality companies will create the largest hotel company in the world.

Westin Monache Lobby Area in Mammoth LakesThe Westin Monache management advised owners and Starwood Preferred Guests that they would continue to adhere to the franchise agreement signed in 2007.  This would imply that there wouldn’t be any changes to the brand, but this will be confirmed at a later date.  The Westin also plans to do some updating and renovating to the main lobby area and the common areas of the Westin Monache building in the near future.

The Marriott draws a large International crowd of business and recreational guests.  I personally view this change as a positive, which could possibly draw more rental guests to the existing Westin Monache condo hotel, in Mammoth.  Here is an interesting article regarding possible ...

Mammoth Lakes Real Estate Market Conditions January 26, 2016

Skiers Enjoying Mammoth Mountain Fresh SnowAs of today, January 26, 2016, the Mammoth Lakes real estate market has a total of 54 homes, 141 condos, and 44 vacant land listings on the market.  The series of snowstorms, which started late November through present, have made the skiing/riding conditions excellent.  As a result, the Town of Mammoth Lakes has enjoyed some of the highest tourism numbers we’ve seen in years (during the winter season), which is great for the local economy.  We have another series of storms coming this Friday through the following week, which should continue to build the great snow pack.

Although the excellent skiing/riding conditions have brought healthy tourism to Mammoth this season, the strong demand for real estate hasn’t quite surfaced yet.  Typically, the winter season coupled with good snowfall creates a buying frenzy from the holidays through spring time.  It appears that even with aggressive price reductions, some properties are still sitting on the market.  Heading into 2015 last year, there seemed to be an obvious shortage of attractive homes on the market along with a more limited inventory of condos and homes.  This year, the inventory seems to be a bit higher, despite the snow we’ve gotten.  There is no question that the uncertainty in the markets (world and stock markets) has played into the apprehension to buy real estate.  As we approach the presidential elections in November, it will...

Mammoth Lakes News & Properties in the Spotlight November 1, 2015

Fall Colors in the Snowcreek MeadowThis has been a beautiful fall season so far with gorgeous and vibrant fall colors, and spectacular weather.  For those who have never been to Mammoth Lakes during the fall (late September and October), this is probably one of the best times of year to take in the scenery of fall colors and enjoy the peace and tranquility of the mountains without crowds.  Mammoth Mountain Ski Area is scheduled to open on November 11th.  We have a winter weather advisory in the forecast for this evening and into tomorrow afternoon.  Approximately a foot of snow is expected to fall and frigid temperatures to follow this storm over the next few days.  This is great news for the ski area, and will more than likely attract some attention for the ski season opener. 

As of today, November 1st, the Mammoth Lakes real estate market has a total of 57 homes, 141 condos, and 50 vacant land active listings for sale.  The inventory has significantly shrunk over the past few weeks mostly due to several expired listings, a few cancelled listings, new escrows and closed sales.  Many sellers have realized that continuing to extend a listing, or have it on the market during what has mostly been an inactive selling season,...

Mammoth Lakes Real Estate Market Conditions August 22, 2015

HOUSE WITH GREAT LOCATION, INCREDIBLE VIEWS AND LIGHTAs of today, August 22, 2015, the Mammoth Lakes MLS shows a total of 71 homes, 199 condos and 57 lots on the market in Mammoth Lakes only.  Although there have been some sales during the summer season so far, for the most part, the condo market seems to be sitting in comparison with single family homes.  Attractive homes located in desirable locations, upgraded, or offering views, and bright sun light, seem to be in more demand versus condos.  Many buyers are looking at the high costs of the monthly HOA dues (homeowner’s association dues) and prefer to spend more on a house with the extra amount they can finance in place of paying astronomical HOA dues.  However, those buyers who do want to have the option of being able to generate some form of rental income to offset their costs of ownership will lean more towards a condo purchase (which can be rented nightly if allowed in the CC&Rs). 

Westin Monache Condo Hotel Makes the Highest Income for CondosThe majority of buyers who are considering a condo purchase in Mammoth Lakes are asking what type of income can be generated on an annual basis.  Since the bulk of the highest rental income will occur during ski season, if the snow conditions are lacking, then income will also be lacking.  Although there are historical rental income averages to provide prospective buyers with an idea as to what may be expected for income, one can never really “bank on” future earnings.  There are so...

'Godzilla' El Nino Predicted for California 2015/2016 Winter Season

Riding Deep Powder on Dragon's BackThis could hopefully become what the news source states below, a very powerful "El Nino" forecasted for this coming winter.  California could receive even more copious amounts of snow than during the last official "El Nino" event we had back in 1997/1998.  

To learn more, click here.  

See The Weather Channel's story about "Strong El Nino Likely" for this coming fall and early winter.  Click Here to read the full story.Wetter Than Average Winter Expected for 2015/2016 California Winter Season

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Mammoth Lakes Real Estate Market Conditions – July 31, 2015

As of today, July 31, 2015, there are a total of 209 condos, 70 homes, and 55 vacant land listings on the market in Mammoth Lakes.  At a quick glance, single family homes priced over $1 Million seem to be in higher demand vs. the condo market of which the majority is sitting.  Vacant land listings also seem to be in higher demand vs. the condo market.  Although there was a healthy demand for homes and condos over the peak winter months along with a shortage of attractive options for buyers, that demand appears to have slowed down significantly over the past few months despite the great selection of properties currently on the market.

Snowcreek Ranch Where Vacant Land Listing Has Been Reduced to $319,500It‘s surprising to see that so many properties are sitting and haven’t yet sold.  A few that come to mind are: 189 Woodcrest Trail in Snowcreek Ranch listed for $1,599,000, a vacant land listing in Snowcreek Ranch reduced to $319,500, Snowcreek IV #514 townhome listed for $749,000, The Lodges #1101 2-bedroom, 2.5-bath reduced to $614,900, and Sierra Megeve #25 (2-bedroom, 2-bath and completely remodeled) listed for $425,000.  These are just a few of the many, which come to mind that have been sitting on the market.  Although the home located at 189 Woodcrest Trail is fairly new on the market with just under a month, the setting for this home is unbeatable and could be one of the best lots in Mammoth.  It was recently brought back to the market at a far lower price than where it was listed over the winter at $1,999,999.  

Graystone Completed Golf Course Homes Zoned for Nightly Rentals...

Mammoth Lakes Real Estate Inventory Explosion July 6, 2015

Green Meadows and Golf Course at SnowcreekGreat weather continues to grace Mammoth Lakes and the Eastern Sierra.  Some much-welcome thunderstorms have been hitting almost every afternoon, bringing sporadic rain showers and slightly cooler afternoon temperatures.  Thanks to this much-needed rainfall, Mammoth is looking just beautiful with green golf courses and blooming meadows.   Speaking of the weather, the “El Nino” talk is beginning to spread with a favorable prognosis for a strong El Nino to hit this coming winter.  Read about the most current ENSO Diagnostic Discussion here. 

Along with the 4th of July fireworks came an explosion in the Mammoth Lakes real estate inventory.  Our inventory increased to 214 condos, 75 homes, and 55 lots over the weekend.  Although there was quite a bit of interest and showings for homes and condos, not much serious activity resulted.  As we get deeper into the summer season, the sales will begin to pick up and probably absorb some of the inventory.   This typically happens in August.  Although activity in the real estate market has been shy in comparison to...

Market Conditions and Properties in the Spotlight June 30, 2015

Mammoth Lakes Summer Thunderstorms, Green Grass and Flowers in Back CountryAs we approach the 4th of July weekend, the weather should continue to be beautiful with highs around 74 degrees and scattered afternoon thunderstorms.  The past week has brought some much-needed rainfall in the afternoons bringing out new wildflowers and greener grass around town and in the backcountry. 

Our inventory has really begun to increase, mainly in the condo sector of the real estate market.  As of today, June 30, 2015, we have 201 condos, 69 homes, and 53 vacant land listings in Mammoth Lakes.  Activity is beginning to pick up with increased website traffic, inquiries, showing appointment requests, and offers being presented.  This is customary for this time of year, and we should really see an increase in the number of pending sales (currently at only 50 for all property types in Mammoth) in the coming weeks.  There is a great selection of properties currently available on the market, but this mainly applies to condos and townhomes.  The single-family home sector of the Mammoth real estate market is still somewhat limited, or it is evident that sellers are listing their properties higher and higher.  Will buyers be willing to pay the higher prices over the summer season?  This will be interesting to see and I will provide a recap of the single-family home sales at the end of this summer. In the meantime, take a look at what Tom DiChristopher of CNBC's Realty Check has to say about the real estate market in general.  

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Mammoth Lakes Real Estate Market Conditions June 23, 2015

Summer Sunset Over Twin Lakes at Tamarack Lodge Mammoth LakesSummer has arrived in Mammoth Lakes.  Temperatures have been very warm over the past week or so, the Aspens are lush and green, and wildflowers are in bloom.  Summer is one of the best and most beautiful times of the year to visit Mammoth and experience all of the wonderful natural resources this mountain resort sanctuary has to offer.  Summer Horseback Riding in Mammoth LakesWhat an amazing lifestyle Mammoth Lakes provides year round for the recreational enthusiast or nature lover looking to escape the hustle and bustle of the ever-growing urban sprawl in the major Southern and Northern California cities.  Only a 5-hour drive from Los Angeles and you can escape the crowded freeways, city streets, and sidewalks to connect with this natural paradise.  Having just returned from Buenos Aires, Argentina, I found myself with a renewed appreciation and gratitude for this beautiful area I’m so fortunate to live and work in. 

When I review what is happening in the real estate market in other areas of California as well as nationwide, I have to scratch my head and wonder how such a beautiful (and small) resort area like Mammoth Lakes can still remain in relatively low demand with only slight appreciation in property values (sporadic).  ...

Properties in the Spotlight

As of today, June 1, 2015, there are a total of 181 condos, 63 homes and 51 vacant land listings on the market in the Mammoth Lakes area.  Inventory is slowly increasing as we approach the summer season, which officially kicked off on Memorial Day weekend.  Sierra Star Golf Course Memorial Day WeekendMammoth Mountain ski area is officially closed for the season, but the Sierra Star golf course is now in full swing.  The real estate market seems to be picking up with increased interest and inquiries regarding homes and condos on the market.  However, the number of properties currently in escrow remains low: Only 38 for all categories combined in the Mammoth Lakes area.  As we approach the 4th of July, pending sales and inventory typically tend to increase and with August being one of the busiest months of the year for real estate sales in Mammoth Lakes.  Interest rates remain competitive and quite low even for a second home/vacation home property at approximately 3.75% for a 30-year fixed mortgage and 5/1 adjustable rate mortgage at approximately 2.89% annual percentage rate. 

Over the past 2 weeks, there have been 49 new listings, 37 price reductions and 14 closed sales (including surrounding areas for all property categories).  Below are the Properties in the Spotlight for new inventory in Mammoth for the week of June 1, 2015.

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