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McCall Idaho Real Estate

why you buy in McCall

why you buy in McCall

Corbet Property we are your McCall Real Estate Enthusiasts.

Whether buying or selling property in McCall, Cory and Jim Corbet will make your real estate journey a pleasant one through service, experience and care. People are our number one priority.  McCall Is our home and we want to share it with you.  Our passion for McCall comes through in all aspects of real estate.  Whether your looking for a lake front home for water skiing, a vacation house to ride your snowmobile from, a ski in ski out condo or anything else McCall has to offer, let our experience work for you.

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McCall:  A hundred miles north of Boise, McCall Idaho is nestled in the beautiful central Idaho mountains. A scenic resort community located on the shores of Payette Lake, McCall Idaho offers year round recreational activities. With over 365 mountain lakes, three major river systems, over six golf courses, two world class ski resorts and much more. McCall has it all for the outdoor enthusiast!

Third Quarter Real Estate Closings for McCall and Surrounding Areas

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:  94 homes closed, total dollar volume was $38,972,600.  Average sales price:  $414,602 and median sales price of $291,000.  Our average days on market was 146. Significantly more homes closed and sold during this quarter than last quarter. These numbers do not include any fractional or time share sales. Our average sales price went up over 18% increase from last quarter but our mediain price only went up rougly 3% over last quarter. Right now, we have approximately 7.5 months worth of inventory for residential homes.

Land sales:  50 closed with an average sales price:  $85,795 and median sales price of $69,950.

Surround area’s residential closings for first quarter:

Donnelly residential closed sales:  20 homes closed, $5,739,030 total dollar volume.  Average sales price: $286,952 and median sales price: $217,500 with an average days on market was 162. Sales volume increased significantly for this quarter from last quarter but average and median prices dropped slightly this quarter. Donnelly currently has approximately 1 year worth of inventory for homes.

Cascade residential closed sales:  24 homes sold with a total dollar volume of $3,440,100.  Average sales price:  $143,338 and median sales price of $116,000 with an average days on market to be 129 days. Many more properties sold this quarter but a pretty significiant drop in median sales price from last quarter. This area currently has 8.5 months worth of inventory for homes.

New Meadows residential closed sales:  13 homes closed.  $3,002,500 total dollar volume with an average sales price of $230,962 and median sales price of $189,000.  Average days on market was 175. Sales were down across the board for this area for the third quarter verses the second quarter. Averages were closer to the first quarter sales in New Meadows area than last quarter, which means that last quarter had a couple high end sales that boosted up the averages. They currently have 7.5 months worth of inventory.

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 cory@corbetproperty.com.

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.