Happy 2016! Another quarter is behind us and as we review our end of quarter stats for real estate closings around McCall and surrounding areas, we see an overall drop in average sales price based on the previous quarter but year over year we could easily see an increase across the board. Our seasonal trends really effect our average sales prices each quarter. Please feel free to call or email to discuss in more details any of this data or general real estate information and trends for our area.
McCall’s closings for the fourth quarter:
Residential sales: 76 homes closed, total dollar volume was $23,424,050. Average sales price: $308,211 and median sales price of $206,000. Our average days on market was around 173. These numbers are down from our third quarter, with almost a 11% drop in average sales prices for the third quarter average sales price of $343,322.
Land sales: 23 closed with a total dollar volume around $4,907,150. Average sales price: $213,354 and median sales price of $92,500. Our average days on market was around 362.
Surrounding area’s residential closings for the fourth quarter:
Donnelly residential sales: 20 homes closed, $3,721,735 total dollar volume. Average sales price: $186,087 and median sales price: $159,250 with an average days on market was 188. The average sales price is down from last quarter almost 15%.
Cascade residential closed sales: 15 homes sold with a total dollar volume of $2,329,901. Average sales price: $155,327 and median sales price of $151,000 with an average days on market to be 161 days. Cascade saw an increases for the fourth quarter with a 1% increase in average sales price
over last quarter.
New Meadows area residential closed sales: 9 homes closed. $1,204,079 total dollar volume with an average sales price of $133,378 and median sales price of $84,000. Average days on market was 148. There was a pretty significant drop in average sales price of almost 45% from last quarter.
Information was put together from our local MLS.
