Strong sales gains in mountain resorts

The Pacific Southwest Association of Realtors (PSAR) reports the housing market in California’s mountain resort areas outperformed the state’s overall housing market in 2020. Strong home sales gains were posted in December 2020, compared to December 2019. Mammoth Lakes saw the biggest yearover-year sales increase in December 2020, surging 116.7 percent from the same month a year ago, followed by Lake Arrowhead (78.6 percent), Big Bear (54.1 percent) and South Lake Tahoe (31.7 percent). Overall for the year 2020, home sales in mountain resort communities increased 92.7 percent in Big Bear, 51 percent in Lake Arrowhead, 49.5 percent in South Lake Tahoe and 37.5 percent in Mammoth Lake.