Uncategorized Archives - Corbet Property

1st Quarter Real Estate Closings for 2019 from New Meadows to Cascade

The deep snow and cold temperatures didn’t keep buyers from making their purchase in our area. Across the board for all areas between New Meadows to Cascade saw increase in average and median sales prices. Historically with other first quarters we have seen the same amount of quantities closing but just not these high of numbers.

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: 42 homes closed this past quarter with a total dollar volume of $23,259,130. Average sales price: $553,789 and median sales price of $409,000. Our average days on market for the first quarter is 234. The sales prices are up from last quarter, overall quantities are down but with the little inventory that we have seen this winter, demonstrates that if there isn’t a lot to buy and what is out there for sale is now at a higher price.

Surround area’s residential closings for first quarter:

Donnelly residential sales: 10 homes closed, $3,568,730 total dollar volume. Average sales price: $356,873 and median sales price: $339,915 with an average days on market was 203. Prices are significantly up in this area and are continuing to rise with the updates and promises of what is to come for Tamarack Resort.

Cascade residential sales: 7 homes sold with a total dollar volume of $1,932,000 Average sales price: $276,000 and median sales price of $252,000 with an average days on market to be 131 days. This area has really seen an increase in prices from last quarter which was due to the lack of inventory as well.

New Meadows area residential sales: 5 homes closed. $1984,000 total dollar volume with an average sales price of $396,800 and median sales price of $483,000. Average days on market was 95. This area has shown significant growth in this quarter compared to last year. Once again, proving my opinion that due to lack of inventory in the McCall area people are considering properties in surrounding areas.

If you have more questions about the closings in Valley and Adams County or would like to learn more about selling your home in today’s market please give me a call or email.

3rd Quarter Stats for Real Estate Closings Around McCall

It has been an incredible real estate market this year, so much so that I am behind in getting out the quarterly stats for the closings in our area. But after putting together the closing information for the this past quarter and comparing it to last year, I am shocked and therefore must spend some energy catching up on the first and second quarter closings as well. I was expecting to see huge increases in the McCall market this quarters year over year sales but instead I am seeing declines! I am completely shocked and thinking that we must have seen majority of our increases over the first two quarters verses this one. Stay tuned, I will have those numbers out soon! In the meantime, here are the real estate closings for the third quarter. These include only single family homes, condos and town homes, and does not include fractional, timeshares or auctioned properties.

McCall residential sales: 117 homes closed this past quarter with a total dollar volume of $50,174,100. This is down both in dollar volume and number of closings compared to last year’s third quarter. Average sales price: $428,838 and median sales price of $380,000. (Average sales price is down significantly but median sales price is way up). Our average days on market was only 112 days, which is down from last year.

Surround area’s residential closings for third quarter:

Donnelly residential sales: 33 homes closed, $9,355,050 total dollar volume. Average sales price: $283,486 and median sales price: $254,000 with an average days on market was 116. The number of closed home and median sales price is about the same year over year but average price is up.

Cascade residential sales: 33 homes sold with a total dollar volume of $6,517,395. Average sales price: $197,497 and median sales price of $175,000 with an average days on market to be 99 days. These are all stronger numbers than year over year and much lower average days on market.

New Meadows area residential sales: 13 homes closed. $4,275,000 total dollar volume with an average sales price of $328,846 and median sales price of $283,000. Average days on market was 110. Closed transactions were slightly up year over year.

If you have more questions about the closings in Valley and Adams County or would like to learn more about selling your home in today’s market please give me a call or email.

This was compiled through our local MLS.

Second Quarter Stats for Real Estate Closings for McCall Area

Here are numbers for last quarters real estate closings for McCall, New Meadows, Cascade and Donnelly. These numbers are brought to you by our local Mountain Central Association of Realtors MLS.

McCall residential closed sales: 63 homes closed, total dollar volume was $21,457,225. Average sales price: $340,591 and median sales price of $284,900. Our average days on market was 194. Significantly more homes closed and sold during this quarter, our high sale was Payette Lake Front home at $1,300,000 and the lowest sale was recorded at $18,500. Our average sales price went up significantly but what was interesting the median sales price only went up less than 2% over last quarter.

Land sales: 35 closed with an average sales price: $96,913 and median sales price of $58,000.

Surround area’s residential closings for first quarter:

Donnelly residential closed sales: 11 homes closed, $2,513,000 total dollar volume. Average sales price: $228,455 and median sales price: $205,000 with an average days on market was 171. Sales volume went up for this quarter from last quarter but average and median prices dropped this quarter, high sale was recorded at $395,000 and the lowest sold home was at $73,500. Good news is the average days on market lowered almost 18%.

Cascade residential closed sales: 16 homes sold with a total dollar volume of $2,646,050. Average sales price: $165,378 and median sales price of $146,000 with an average days on market to be 109 days. Modest changes for this area, many more properties sold but with average and median sales prices staying the same with the highest price property closed at $320,000 and the lowest sales recorded at $33,000.

New Meadows residential closed sales: 16 homes closed. $4,859,400 total dollar volume with an average sales price of $303,713 and median sales price of $292,500. Average days on market was 181. Great quarter for New Meadows area with a huge increase in number of sales and dollar volume, almost doubled its average sales price. The highest property closed at $550,000 and the lowest sale at $67,500.

Third Quarter Stats for Real Estate Closings in 2015

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.

Where to Retire Article

We were excited to see McCall recently featured in the September/October 2014, “Where to Retire Magazine”. Stated as one of the undiscovered havens for retired couples, the article shares some stories from recent retirees to McCall along with some useful and interesting facts about our area. If I wasn’t still working, I would enjoy retiring in this beautiful Gem State town of McCall. Please contact me if you would like to have a copy of this article sent to you.

Flyfishing in Central Idaho

It is that wonderful time of year again to dust off the trout fly rod and head to the mountains. I really enjoy heading out to find the latest of hatches along some of the local river stretches but my all time favorite is to head up the mountains to find one of the many remote mountain lakes this area has offers. There are about 365 mountain lakes in a 20 mile perimeter around McCall. Recently I just came across this fantastic web site that can help you determine where to set off for your next adventure: http://www.hookandbullet.com/cn/fishing-valley-id/

Fish on!

McCall's First Quarter Real Estate Sales

Reviewing the closed transactions from the first quarter of this year, shows an incredibly increase from last year’s first quarter’s numbers. The second quarter of 2014 looks to be just as strong.

Here is a quick breakdown:

2014 first quarter there were 39 homes sold in McCall for a total of $13,031,389 worth of sales.

Median sales price: $265,000
Average sales price: $334,138

In the land sales for 2014 first quarter, there were 19 closed transactions around McCall with a total dollar volume of $1,728,725.

Median sales price: $65,000
Average sales price: $90,986

Compare this to last year’s first quarter. For 2013 the first quarter sales for residential homes, there were 38 sales with a total of $8,740,900.

Median sales price: $207,500
Average sales price: $230,024

Land sales for were also down from this year, with only $984,755 total dollar volume shared between 19 sales.

Median sales price: $35,000
Average sales price: $51,829

This data was collected by our local MLS. Please call or email to discuss these or any other properties in more details.

I also service the areas of New Meadows, Donnelly and Cascade.

Happy Holidays

August Closings in McCall

It was a busy month in August around McCall for real estate! In the month of August there were 51 closed transactions for the McCall area which included in-town lots as low as $8,800 to Payette Lake front homes at $1,800,000. The overall dollar volume was around $14,546,800 with an average sales price of $285,231 and median sale price of $170,000. Of the closed sales in August 14 were vacant land, 1 was commercial and the remaining were single family homes or condos.

Fall has a tendency to be the busiest season for real estate in McCall and already our MLS shows 51 properties pending - so look forward to seeing my September numbers come out next month to be even stronger than this month.

July Closings for McCall Area

Momentum in the real estate market continues to grow as we head into the later part of summer. Real Estate closings for the month of July around McCall were very strong when compared to last year’s numbers. In July 2013 there were 41 closed transactions, over $10,454,950 total dollar volume and an average price of a residential home at $335,929. Compared to last year’s closings for the month of July, where we had only 25 real estate closed transactions for the McCall area, total dollar volume of $5,083,650 and an average home sales price of $287,895. We almost doubled in dollar volume and saw an increase of almost 15% in average sales prices.

This Year over last year our quantities are down but our dollar volume is way up along with our average sales price. This is a result from a decrease in distressed sales for 2013. Of our current inventory of homes for sale in McCall, which currently runs around 296 properties, only 22 are short sales or bank-owned homes. In previous years, we have seen this to be closer to 50% of our market.