We have seen a bit of an increase in sales in our area the past year, the main cause of this is the lower prices from a year ago. We still see the Bank Owned and Distressed property leading the way in closings with over 50% of solds in our area of this type of property.

Here are the numbers

From Jan 1 2010 to Jan 1 2011

McCall Area Residential

We saw 205 solds in the McCall Area for this time frame, 3 homes sold on the lake for over $2 Million. Average days on market was 169. In 2009 the total sales was 198 with Average day on Market of 180.

McCall Area Lot and Land Sales

We saw 80 solds in the McCall Area with the highest price sold was in Whitetail for over $400,000.00
Average day on market is 473. In 2009 we saw 43 solds.

Donnelly and Tamarack Residential

We saw 124 homes sold in the area, with 36 of these in Tamarack. The average days on market was 120. This area saw a drop in sales from 2009 where we saw 142 solds, however there was an increase in sales at Tamarack as they only had 19 sales in Tamarack in 2009.

Donnelly and Tamarack Lots and Land

We saw 76 solds with a Average day on market 296, in 2009 we saw 23 solds.

We hope to see an increase in sales this coming year with out any more price drops, however we are told that the foreclosure rate will be the same in 2011 as 2010. If this is true we will still see the majority of sales being the distressesd properties.