With the first quarter of 2015 behind us, its time to review the closed real estate transactions for our area.
McCall’s closings for the first quarter:
Residential sales: 67 homes closed, total dollar volume was $23,993,000. Average sales price: $358,105 and median sales price of $272,000. Our average days on market was around 147.
Land sales: 13 closed with a total dollar volume around $1,389,300. Average sales price: $106,869 and median sales price of $44,000. Our average days on market was around 235.
Surround area’s residential closings for first quarter:
Donnelly residential sales: 12 homes closed, $2,386,355 total dollar volume. Average sales price: $198,863 and median sales price: $214,450 with an average days on market was 185.
Tamarack residential sales: 10 homes, for a total of $3,767,900 in dollar volume. Average sales price: $376,790 and median sales price of $354,950. The average days on market was 209 days.
Cascade residential closed sales: 14 homes sold with a total dollar volume of $1,635,000. Average sales price: $116,786 and median sales price of $103,500 with an average days on market to be 195 days.
New Meadows area residential closed sales: 5 homes closed. $910,000 total dollar volume with an average sales price of $182,000 and median sales price of $175,000. Average days on market was 164.
Overall home values and quantities were up significantly from this quarter to last year however land sales are down, which is a bit surprising considering the milder winter, however it looks like it is going to be a strong year with new home construction as there is a significant increase in building permits this year.
