2018 Mammoth Lakes Real Estate Market Review
Mammoth Mountain received two feet of snow last night and more is expected off and on over the next 10 days. Accumulations will make conditions excellent heading into peak ski season! The much-needed snowfall is a welcome sight, which will also create expanded recreational opportunities for snow shoeing, cross country skiing, skate skiing, and back country skiing and riding. This past holiday season was one of the busiest on record for the Town of Mammoth Lakes (the week before and after Christmas). This may be as a result of the Ikon pass, and the attention it has brought to Mammoth Mountain, or it may be the result of social media. Nothing is more effective in bringing exposure to an area as posting photos of having fun in the mountains. It’s is my theory that more people are discovering Mammoth not only because of the advertising that Mammoth Lakes Tourism is doing, but also because of the use of social media and sharing experiences on line. This is great for our local economy, which depends on tourism to survive. The more people that come to Mammoth, demand will likely increase for lodging. There is a huge inventory of mid-range type resort condos to choose from around town, but there is a shortage of condos to rent in and around the Village at Mammoth. With the upcoming development of the YotelPAD condos at the corner of Minaret and Main Street, a luxury boutique hotel across the street from White Mountain Lodge on Minaret, and the Hillside Highlands luxury townhome development on Hillside Drive, there will be expanded lodging...
