Third quarter is generally a strong real estate time for this area. The weather is good, travel is easy and generally a busy time with tourist and traffic. This year is no exception with real estate closings in McCall and New Meadows; they at the highest they have been in years. Inventory is still very low and the demand is very high, which is pushing our prices up. Prices in Donnelly and Cascade are up slightly as well but in a more natural growth pattern. It is an exciting time for real estate in the area and with all these sales comes new opportunities and businesses.
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: 146 homes closed this past quarter with a total dollar volume of $93,210,747 Average sales price: $638,430 and median sales price of $477,500. Our average days on market for the first quarter is 90.
Surround area’s residential closings for the third quarter:
Donnelly residential sales: 38 homes closed, $14,957,998 total dollar volume. Average sales price: $393,632 and median sales price: $271,500 with an average days on market was 84.
Cascade residential sales: 31 homes sold with a total dollar volume of $9,573,700. Average sales price: $308,829 and median sales price of $295,000 with an average days on market to be 121 days.
New Meadows area residential sales: 23 homes closed. $10,534,485 total dollar volume with an average sales price of $458,021 and median sales price of $420,000. Average days on market was 83.
If you would like to know more about these closings or inquire about the value of your current home, please give me a call.