It was a busy summer for real estate which is very typical for our area. Nationally, existing home sales dipped slightly in August, but in our area numbers remained strong throughout the third quarter. Often we see our prices dip slightly in the late fall, when we are nearing the end of our busiest season and winter is around the corner. Sellers motivation has a tendency to increase when snow is in the forecast.
Looking at the closed sales for the McCall area during the third quarter based on our local MLS, we see that 101 residential properties sold with average prices around $343,322, which is up from the second quarter of this year and significantly up from the third quarter in 2014.
In the Donnelly area, 17 residential properties sold during the third quarter with an average sales price around $217,512, this is up from the second quarter but down from the third quarter of last year.
Cascade area residential sales were at 20 closings this quarter with an average sales price of $154,065 which is also up from the second quarter of this year and the third quarter of last year.
New Meadows area had 11 closings this past quarter with an average sales price of $239,364. Their average numbers are also up from the second quarter of 2015 as well as year over year for third quarter of 2014.