Starting in July, we witnessed a market shift in Mammoth Lakes real estate. Based on the inventory levels, the transition from a “sellers” market to what is called a “balanced” market is official. A balanced real estate market characterizes an equilibrium between the supply of homes and the demand from buyers. In such a market, neither buyers nor sellers have a distinct advantage.

During a balanced market, prices tend to appreciate at a modest and sustainable rate. Both buyers and sellers have relatively equal negotiating power. The average time a property stays on the market before being sold is moderate, not too quick as in a hot sellers’ market, and not too slow as in a buyers’ market. In a balanced market, the conditions are optimal for both buying and selling.

Carnahan Legacy
22552 Burbank Blvd.
Woodland Hills, CA 91367
https://CarnahanLegacy.com

Carnahan Property Management
https://carnahanpropmgmt.com/
818 884 1500

Kinsley Carnahan
Agent / Head of Leasing
818.884.1500
818.427.1500
kinsleycarnahan@gmail.com
DRE #01896119

Tom Carnahan
Owner / Broker
818.884.1500
tomc@carnahanrealty.com
DRE #00547560

Nancy T. Carnahan
Broker
661-810-5600
nancy@brokerintrust.com
DRE License #01083235
Broker In Trust #00547560


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