Second Quarter Real Estate Closings for the McCall and Surrounding Areas

I just realized that I didn’t get this report out when I completed it last month…Mid way into quarter three and things are still looking just as strong. Inventory increased these last few weeks which has put a bit of a slow down initially but now has picked up again this week for pending sales.

Here are numbers for last quarter’s 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: 73 homes closed this past quarter with a total dollar volume of $41,450,296. Average sales price: $567,812 and median sales price of $425,000. Our average days on market for the first quarter is 109. Across the board, real estate closings for second quarter in McCall are up significantly from last quarter.

Surrounding areas residential closings for first quarter:

Donnelly residential sales: 22 homes closed, $7,710,750 total dollar volume. Average sales price: $350,489 and median sales price: $329,075 with an average days on market at 147. These are slightly lower than first quarter.

Cascade residential sales: 17 homes sold with a total dollar volume of $4,075,450 Average sales price: $239,732 and median sales price of $266,950 with an average days on market to be 91 days. Huge increase this quarter in the Cascade area for quantities and total dollar volume.

New Meadows area residential sales: 15 homes closed. $4,666,900 total dollar volume with an average sales price of $311,127 and median sales price of $529,000. Average days on market at 93. Although quantities are up from last quarter, average sales price stayed about the same.

If you have more questions about the closings in Valley and Adams County or previous quarter closings please visit this link.

First Quarter Stats for Real Estate in McCall, Donnelly, Cascade and New Meadows

I saw a boat on Payette Lake today and many of the aspen trees are budding, so it might be safe to say that we are approaching summer. It was a wonderful winter but most of us will admit, its been the wettest spring that this area has seen in history. It has sure made the grass green and the flowers bloom. However the cooler and wet temps have not slowed down the real estate transaction in this 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 sales: 47 homes closed, total dollar volume was $13,600,784. Average sales price: $289,378 and median sales price of $285,000. Our average days on market was 220. Median sales price was up from last year’s first quarter stats but average sales price went down slightly.

Surround area’s residential closings for first quarter:

Donnelly residential sales: 16 homes closed, $3,355,750 total dollar volume. Average sales price: $209,734 and median sales price: $151,000 with an average days on market was 181. The number of closed home is up significantly year over year but average prices are down.

Cascade residential closed sales: 5 homes sold with a total dollar volume of $972,050. Average sales price: $194,410 and median sales price of $183,500 with an average days on market to be 123 days. Number of closed sales is down significantly year over year however average and median prices are up.

New Meadows area residential closed sales: 6 homes closed. $1,839,740 total dollar volume with an average sales price of $306,623 and median sales price of $326,250. Average days on market was 328. Closed transactions about the same year over year but average and median prices almost double!

If you have more questions about the closings in Valley and Adams County please give me a call or email.

Prices Increased with Auctioned Payette Lake Lots this Year

The Idaho Department of Lands recently released information on their latest auction of 30 Payette Lake lots sales. The sale took place in Boise on August 19th during a public auction. The sale generated over $12,605,500 for the endowment funds that support the Idaho public school systems and State hospital south.

The Idaho Constitution requires a public auction for the disposal of state endowment trust lands, and IDL can accept no less than the appraised value of the properties.

Sales from last year’s auction ranged from $40,000 - $68,000 for second and third tier lake front lots, sales of similar lots this year ranging from $55,000 - 83,000. Lake front lots last year went $480,000 - $1,155,000, this year’s sales of lake front ranged from $400,000 - $1,570,000.

There were three lots last year that were not able to sell at auction, two of the three went up for auction again this year and sold with a higher sales price than the minimum reserve that was not met last year.

2230 Payette Drive sold this year for $872,000 - last year there was no sale at $860,000.
990 Pine Haven sold this year for $72,000 - last year there was no sale at $70,000.

This is very consistent to what we are seeing in McCall’s real estate market this year. Our average sales prices are increasing and inventory shrinking. This year’s State auction will continue to nudge our real estate prices up in the McCall Area.

For more information about Idaho Department of Lands Payette Lake Cottage Sites Auction please email me at [email protected].

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.

Idaho Department of Land will Auction More Lake Front Properties

On December 17, the State Board of Land Commissioners(Land Board) approved the Idaho Department of Lands recommendation to offer the voluntary auction opportunity to 21 Cottage site lessees around Payette Lake in McCall. In October the Land Board did not approve of three land exchanges that were proposed by Cottage site lessees which would have traded dozens of cottage sites for land in other parts of Idaho. It is this group of Cottage site lessees that will have the opportunity late February or early March to elect to put their land up for auction. The Idaho Department of Land felt that these lessees are ready, willing and financially able buyers who are highly motivated and already have been well vetted through the land exchange due diligence process.

The IDL is constitutionally required to hold a public auction for the direct sale of state endowment trust lands, so these Cottage site lots will be available for anyone to bid. Local, regional, and national marketing of the sites will take place in an effort to increase competitive bidding on the sites, consistent with the constitutional mandate of maximize income from the sale and use of the lands. The auction will be for the land only and if a bidder other than the current lessee wins the auction, that person must pay the current lessee the market value of their personal property (ie. value of the cabin).

I will be posting more information about these sites around Payette Lake here in McCall and information about the upcoming auction. If you are interested in learning more or being involved please don’t hesitate to call or email me.

About Cory

Cory grew up in Alaska where after graduation was nominated into the Olympic Education Center in Northern Michigan University where she was offered the opportunity to train for biathlon (cross country skiing and shooting) and go to college. Later she qualified for the United States National Biathlon Team and traveled and raced all over the world for over 6 years. Having been drawn to the outdoors all her life, McCall was a natural fit for her when she moved to the area in 1998.

Cory’s lovely family consists of her husband, Jim, her son, Cyrus, daughter, Ellie and their Walker Coonhound, Copper and Cat, Twinkle.

Cory and her family love to wake surf on Payette Lake, snowboard at Tamarack and Brundage Mountain, snowmobile in the back country, and mountain bike on all the amazing single track trails in the area.

During the winter season, you will find Cory coaching the McCall Nordic and Biathlon team at Jug Mountain Ranch.

Contact Cory

McCall Real Estate Company
cory@corbetproperty.com
(208) 630-3283

My Client Ratings

  • Satisfaction:97%
  • Recommendation:99%
  • Performance:99%

Cory Corbet has been rated by 39 clients.

My Recent Testimonials

Rating & Testimonial data verified by RealSatisfied