Mammoth Lakes in 2014

A condominium sold for a median of $292,500 — $408,447 in today’s money, 49% below where it stands now. The Mammoth Times ran 1 story we can still read.

Condominium median

$292,500

$408,447 in 2026 money

Snowfall

238"

season total at the main lodge

Housing approved

residential units authorised

Lodging tax

$10,946,461

collected by the Town

What happened

Snow
2013-14 drought winter cuts rental income
A second severe dry winter cut ski conditions and nightly-rental income for Mammoth condo owners.
The drought related loss of rental income for many condo owners may indeed bring much-needed new condo inventory
Paul Oster Broker Report →
Snow
Governor declares statewide drought emergency
Governor Brown declared a drought state of emergency for California.
NPR / SCPR →
Building & development
Greystone / Gray Bear new home construction on Sierra Star
Builder John Hooper bought the failed Solstice II parcel cheap, rezoned it from condo-hotel to single-family, and built the Greystone subdivision then Gray Bear — the first real new residential construction since the bust.
The market is absorbing them as fast as he can build them.
Paul Oster Broker Report →
Earthquake & volcano
Long Valley Caldera earthquake swarm, public advisory
The Mono County Sheriff issued public updates on an earthquake swarm in the Long Valley Caldera.
Mono County Sheriff →

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.

01-06Child sex abuser located in Mexico after 11 years on the run, extradited Jan. 6

The ground

92 recorded earthquakes of magnitude 2.5 or greater in the Long Valley Caldera, the largest at M3.6.