We saw another strong month of real estate closings for the McCall area with 19 transactions closed for the month of March and a total dollar volume of $2,932,500. This number is down from last month however we did see an increase in median sales price and a lower percentage of distressed properties sold. In March, of the 19 properties that closed, 2 were lots, 4 were condos, 1 was fractional, and the remaining were single family homes. Our average sales price was $154,342 but with a median price of $217,000 which was a reflection of a Payette Lake Front home closing at $425,500. For distressed properties closed, only 8 of them were short sales or banked owned, bringing our percentage of distressed properties to 42% down from last month’s 65%. Our lowest sale this month was a Hearthstone fractional ownership, closing at $28,000.
With summer just around the corner, now is a perfect time to be looking for real estate in McCall, with an average close rate of 30 – 60 days you could be moving into your lovely new home just in time to start enjoying one of McCall’s best season. Please don’t hesitate to call or email us to help you find that perfect place in McCall while prices are great, interest rates still low and a good selection of homes to review.