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 One of the homes that closed in April We are a little behind in getting the April numbers posted so since we waited long enough, we now might as well post the real estate closings for both April and May. It is hard to believe it is already June 5th.
April closings for McCall were very strong this year, the most dollar volume we have seen all year. There were 21 real estate closings for April with a total dollar volume of $3,936,501. The average sales price was $187,452. Five of the closings were short sales and six of the closings were banked owned properties.
May’s closings were down from April, with a total dollar volume around $2,696,655 with only 17 closings for the McCall area. Six of the closings were banked owned and three were short sales.
For more information about real estate in McCall call or email us today.
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.
February closings in McCall saw an increase in dollar volume this month, with 23 transactions closed and a total dollar volume of $3,579,400 an increase around $553,499 in sales over last month. The number of sales is much higher than last month, which was one of the factors that decreased our median sale price to $205,000. Most of the sales were residential homes, however we also saw 4 lots sell, 3 condos, and 1 townhome. 13 of the closings last month were banked owned and 2 of them were short sales, which tells us that over 65% of sales are still distressed properties. March appears to be starting off strong with over 25 properties in contract. Check back with us again to see how March ends.
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