Overall our numbers have increased from last quarter but comparing to the second quarter of 2019 they are down slightly. It is still a very strong real estate market with low inventory, interest rates below 3%, and demand still very high. We are seeing some homes sell within forty-eight hours of being listed.
Here are numbers for last quarters real estate residential closings for these areas; the closings do not include timeshares, fractional ownership or state lease sales. These numbers are brought to you by our local Mountain Central Association of Realtors MLS.
McCall residential sales: 68 homes closed this past quarter with a total dollar volume of $35,645,160 Average sales price: $524,194 and median sales price of $410,000. Our average days on market for the first quarter is 118.
Surround area’s residential closings for first quarter:
Donnelly residential sales: 14 homes closed, $6,815,00 total dollar volume. Average sales price: $486,786 and median sales price: $364,000 with an average days on market was 69.
Cascade residential sales: 15 homes sold with a total dollar volume of $3,270,500. Average sales price: $218,033 and median sales price of $130,000 with an average days on market to be 80 days.
New Meadows area residential sales: 8 homes closed. $3,813,000 total dollar volume with an average sales price of $476,625 and median sales price of $432,500. Average days on market was 294.
If you would like to know more about these closings or inquire about the value of your current home, please give me a call.