Mammoth Lakes Real Estate Market Conditions December 13, 2019
Winter is upon us and Mammoth Mountain is showing an average base depth of between 3.5 to 6.5 feet of snow, which has made the late fall skiing exceptional. The ample coverage at the top of the mountain has made runs like Wipe Out, Drop out, Paranoids, Scotty’s, Dave’s, etc. feel more like the middle of winter rather than what is customary for late November/early December. The conditions have been great and uncrowded mid-week. I remember many years ago that this was the norm for Mammoth most days of the week, uncrowded, no lines and wide-open runs. Over the past 5-7 years, Mammoth has made its way into the spotlight, and has attracted more and more visitors each year. This is fantastic for those who own rental condos as owning a condo has never penciled out better. Even with the increase in prices, the stronger income figures help offset costs of ownership. The annual Night of Lights event is tomorrow at Canyon Lodge. The weather is supposed to clear up for tomorrow, but the temperatures will be dropping to around 12 degrees during the early evening hours. So, if you are planning to go to this spectacular event, make sure to bring layers of warm clothes and gloves!
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