Condominiums Archives - Corbet Property

McCall Area Real Estate Update

Its been a very busy third quarter for real estate closings in McCall, Idaho and all the surrounding communities (Donnelly, Cascade and New Meadows). 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. Click here to a link that shares the data of existing homes sales from the National Association of Realtors.

McCall residential sales: 107 homes closed this past quarter with a total dollar volume of $52,582,245. This is the highest dollar volume closed that I have seen in the past four years. Average sales price: $491,423 and median sales price of $330,000. Our average days on market was only 141 days. Average and median sales prices were up significantly from last year’s third quarter.

Surround area’s residential closings for third quarter:

Donnelly residential sales: 33 homes closed, $9,033,600 total dollar volume. Average sales price: $273,745 and median sales price: $224,000 with an average days on market was 141. The number of closed home and median sales price is up significantly year over year but average prices is down.

Cascade residential sales: 24 homes sold with a total dollar volume of $4,661,127. Average sales price: $194,214 and median sales price of $158,850 with an average days on market to be 137 days. Number of closed sales is the same year over year however average and median prices are up.

New Meadows area residential sales: 10 homes closed. $3,766,500 total dollar volume with an average sales price of $376,650 and median sales price of $340,000. Average days on market was 81. Closed transactions were slightly down year over year but average and median prices almost double!

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.

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.

4th Quarter Stats for Real Estate Closings

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.

1st Quarter 2015 for closed transaction around McCall and Surrounding Areas

With the first quarter of 2015 behind us, its time to review the closed real estate transactions for our area.

McCall’s closings for the first quarter:

Residential sales: 67 homes closed, total dollar volume was $23,993,000. Average sales price: $358,105 and median sales price of $272,000. Our average days on market was around 147.

Land sales: 13 closed with a total dollar volume around $1,389,300. Average sales price: $106,869 and median sales price of $44,000. Our average days on market was around 235.

Surround area’s residential closings for first quarter:

Donnelly residential sales: 12 homes closed, $2,386,355 total dollar volume. Average sales price: $198,863 and median sales price: $214,450 with an average days on market was 185.

Tamarack residential sales: 10 homes, for a total of $3,767,900 in dollar volume. Average sales price: $376,790 and median sales price of $354,950. The average days on market was 209 days.

Cascade residential closed sales: 14 homes sold with a total dollar volume of $1,635,000. Average sales price: $116,786 and median sales price of $103,500 with an average days on market to be 195 days.

New Meadows area residential closed sales: 5 homes closed. $910,000 total dollar volume with an average sales price of $182,000 and median sales price of $175,000. Average days on market was 164.

Overall home values and quantities were up significantly from this quarter to last year however land sales are down, which is a bit surprising considering the milder winter, however it looks like it is going to be a strong year with new home construction as there is a significant increase in building permits this year.

4th Quarter of 2014 Real Estate Closings for Central Idaho

The fourth quarter stats for the real estate closings around Central Idaho, which includes New Meadows, McCall, Donnelly and Cascade put together from our local MLS are as follows:

Residential closings for McCall, 60 closed transactions for a total of $23,663,444 with an average sales price of $394,391, median sales price of $271,750 a median price per foot of $152 and median days on market of 195. The median sales price is down slightly from last quarter’s sales of $277,00.

Residential closings for Donnelly and Tamarack, 17 closed transactions for a total of $4,057,150 with an average sales price of $238,656, median sales price of $194,900, a median price per foot of $152, and median days on market of 127. The median sales price is down from last quarter’s sales of $260,000.

Residential closings for Cascade, 18 closed transactions for a total of $3,096,400 with an average sales price of $172,022 and a median sales price of $174,750. The median price per foot was $114 and the median days on market was 85. The median sales price is up from last quarter’s sales of $135,000.

Residential closings for New Meadows, 8 closed transactions for a total of $1,728,250 with an average sales price of $216,031 and a median sales price of $235,000. The median price per foot is $112.50 and the median days on market is 165. The median sales price is up from last quarter’s sales of $192,500.

Please call or email me if you have any questions or would like to learn more about real estate in our area. Cory’s cell: 630-3283

Real Estate Market Continues to Heat Up in Third Quarter

Once again strong numbers in real estate for closings around McCall and surrounding areas for the third quarter in 2014. It will be interesting to keep watch over Donnelly and Tamarack’s real estate over the next several months with the announcement of the 7 days per week operation for the ski resort for the 2014-2015 season. The excitement of the new ownership and resurgence of money and attention into the resort will be a huge boost for employment, owners living at Tamarack and the overall general real estate in that area.

Quick look at the residential closings around McCall for the third quarter:

76 closed sales with over $26,058,603 in total dollar volume. The average sales price was $288,950 and median sales price of $277,000. Average days on market were 144 days.

Tamarack / Donnelly Area residential closings for third quarter:

23 closed sales with over $6,732,800 in total dollar volume. The average sales price was $292,730 and median sales price of $260,000. Average days on market were 169 days.

New Meadows Area residential closings for third quarter:

15 closed sales with over $2,787,750 in total dollar volume. The average sales price was $185,450 and median sales price of $192,500. Average days on market were 271.

Cascade Area residential closings for third quarter:

21 closed sales with over $3,080,900 in total dollar volume. The average sales price was $146,710 and median sales price of $135,000. Average days on market were 208.

Please contact me for more information on these or other properties. Data was gathered from our Local MLS.

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.

2nd Quarter Review of Property Sales in McCall Area

The second quarter of 2014 closed real estate transactions in McCall and surrounding areas is pretty interesting. The overall closed residential sales show us that in McCall year over year data states that we are only seeing a slight increase this quarter of 1.01% over last year. Donnelly is showing a stronger increase with a 21.88% increase, Cascade ahead of them with a 25% increase and most interesting is the rebound New Meadows is making with a 41.67% increase over last year.

Vacant land sales aren’t as dramatic with McCall land sales for the second quarter only up 2.2%, Donnelly vacant land sales up 4.35% and Cascade vacant land sales the strongest this quarter with a 20% increase over last year. Surprisingly, New Meadows vacant land sales are down almost 10% over last year at this time.

Condos and townhomes had a strong number of closings during the second quarter in McCall representing almost 20% of the residential sales, 15 condos and 5 townhomes closed this quarter. The significance of this being that condominiums were a tough sale for many years with the options of financing very limited and the prices of single family homes a much better value, now people are turning towards this low maintenance option now with financing more available and prices of homes going up.

It is also very encouraging to see the increase in New Meadows. This beautiful valley has been slow to rebound since the real estate market downturn in 2010 so it great to see it starting to sell again.

This information was provided by our local MLS. Please give me a call or email if you have any questions or would like to learn more about real estate in our area. I am happy to help you sell your home or find that perfect place in McCall, Donnelly, New Meadows or Cascade.

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.

Year End Stats for Property Sold in McCall

It is fun to bring in the New Year with lots of goals and aspirations for the year to come. In real estate, I always like to begin the new year with analyzing what has happened in the past year to help set expectations for what our market could look like for 2014. In beautiful McCall, Idaho we are in a world of its own when it comes to real estate. We are, as National Geographic states, one of the best kept secrets for both ski towns and overall small town resort communities. Our real estate prices are higher than most cities due to our location and building requirements but we are significantly less expensive than most well know resort towns such as Sun Valley, Aspen, or Tahoe. We are also one of the few resort towns that have a beautiful mountain lake right in downtown!

Let’s take a look at 2013: Last year we saw 384 real estate transactions closed in the McCall area that included all types of properties. Eight of these properties closed were commercially related and one was ranch/farm land. The majority of our closed transactions were land and homes. Of the 384 closed deals in McCall, 116 were vacant land, described here as all kinds. In the category of acreages, we saw an average price per acre at $22,308 and a median price per acre at $14,280/ acre. For residential homes sold this year we had 208 closings with an average sales price of $321,735 and a medial sales price of $254,950. In closed condos or townhomes, we had 52 closings with an average sales price of $202,551 and a median sales price of $175,000.

I will be sending out a year-end e-newsletter with more detailed data from our local MLS about our real estate closings not only from McCall but surrounding areas of Donnelly, New Meadows and Cascade. Please send me an email or give me a call if you would like to be on this list.

Happy 2014!