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McCall Real Estate Update Third Quarter 2008

kitchenshelvesinkmls-781259While the sales of lots and land remain sluggish, the McCall Real Estate Market experienced a solid pickup during the third quarter of 2008 with 56 closings of homes and condominums versus 45 closings in third quarter 2007.For much of 2008, most of the buying activity has occured under $300,000 and at the higher end of the market. In the third quarter we saw increased buyer showings and pending sales in the $300,000 to $500,000 range. Buyer focus has centered on golf course properties and homes and condominiums with quick access to downtown McCall amenities. There remains a relative oversupply of inventory in all price categories, particularly in the luxury market over $1,000,000.

For more detailed information see the attached summary of the McCall Real Estate Market.
mccall-residential-thirdquarter2008-report

It is a buyer’s market for all types of land/lots/acreages in McCall Real Estate. While the Mountain Central Multiple Listing Services reports 531 listings at this time, there is an abundance of unlisted lots in subdivisions in and around McCall. For the client wanting to buy a choice lot and with the financial means to commence construction in the near term, it is difficult to see how conditions for doing so could get much better than in the current environment. For more details on land/lot/acreages in and around McCall see the attached summary at
landandlotssept2008

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