T R I S H A S E A R S M C C A L L R E A L E S T A T E
Spring has Sprung in Valley County! The trails are melting quickly, the lakes are filling up, and every golf course from McCall to Tamarack looks gorgeous with its mowedgreensasweeagerlyawaitopeningdayannouncements.
Ourteamlovesthistimeofyear! Asthetrafficslowsdownintheoff-season,wehave timetoreflectonthelastsellingseason,diveintonewmarketanalysis, anddevelop newstrategies toenhanceourclientexperiences. Wemayneedtoresetandadapt to changing markets, but we find that is key to providing the best services to our sellersandbuyers. Weprideourselvesonthisholisticapproachinallourownlives aswereflectonthepersonalgoalswesetatthebeginningoftheyear. Wemayneed toalteranydeficitsorenhancewhathasbeensuccessful. Wecareaboutourclients andhopeyoualsoreflectonwhatisimportanttoyouandcontinueyourquesttobe ‘happier’ than you were last season. Living Where We Love, we are grateful to just stepoutsideourdoor,whichtypicallybringsusjoydaily!
IhopeyouenjoythemarketupdatebelowcomparingourQ12024statstoayearago. As our last newsletter indicated it could, our TSRE team had a record quarter with sales volume, primarily in Tamarack Resort but sprinkled throughout Jug Mountain RanchandDonnellyProper. Asalways,weappreciateourclients,asour#1sourceof newbusinessisreferrals.Thanksforkeepingthemcoming!
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RESORT | DONNELLY | MCCALL
22 T S R E T E A M
A P R I L 2 0 2 4
TAMARACK
TRISHASEARS.COM
Market Recap for Q1 2024 Compared to Q1 2023 in Donnelly, McCall, and Tamarack Resort Areas
The data utilized is derived from the Mountain Central MLS, with a consideration for properties not included in the local MLS.
In Q1 of 2024, the region in general displayed minimal fluctuations in transaction volumes when contrasted with 2023.
Noteworthy increases were observed in vacant land transactions, surging by 28% in 2024. However, the duration of properties spent on the market increased by 11%, and the list price-tosales price ratio decreased by 3%.
Residential home sales prices exhibited an 8% rise in 2024. Conversely, there was an increase in the time properties spent on the market with a 19% longer duration on the MLS, indicative of buyers exercising patience. Concurrently, the list price-to-sales price ratio decreased by 1%, reflecting agents' adjustments to current market valuations.
Although there was a slight uptick in Condo sales, the median sales price plummeted by 57% in 2024 compared to 2023. This may be attributed to smaller condos selling this first quarter than larger condos in Q1 of 2023. The area also saw 47% less sales in 2024. The 5% drop in list price to sales price in 2024 shows brokers are still testing the market and learning what buyers are willing to pay.
On the other hand, Townhomes experienced a significant 55% surge in the median sales price in 2024, with nearly double the sales volume from 2023 and reduced time on the market. There were significant sales in both Tamarack and Whitetail Resort, leading these values
The forecast for Q2 2024 appears promising, with an increase in buyers settling in on current interest rates, numerous 1031 Exchanges, and cash buyers coming to Valley County
We are already seeing a rise in inventory this early Spring, accompanied by sellers offering owner-carry options This typical increase in supply will also stabilize prices in our area
TSRE continues to maintain an average of over one closing per week in 2024, underscoring clients' trust as the leading broker in the Tamarack, Donnelly, and McCall markets
Stay tuned for forthcoming listings from TSRE, which will showcase an array of luxury properties from Tamarack Resort, Jug Mountain Ranch, and McCall.
V a l l e y C o u n t y
V a l l e y C o u n t y
Here is the market recap on Q1 2024 compared to Q1 2023 in McCall, Donnelly and Tamarack Resort areas. Data is derived from the Mountain Central MLS with a margin of error for properties not listed in local MLS.
SINGLE-FAMILYHOME SALES-Q1/24
QTR1 2024
MEDIAN LIST PRICE (increase8%) DAYS ON MARKET
115
CONDOSALESQ1-24
10 SALES MEDIAN SALES PRICE $654,000 DAYS ON MARKET
QTR1 2024 (down57%)
76
SINGLE-FAMILYHOME SALES-Q1/23
MEDIAN LIST PRICE
QTR1 2023
DAYS ON MARKET
CONDOSALESQ1-23
8 SALES MEDIAN SALES PRICE $1,489,500 DAYS ON MARKET
QTR1 2023
94
V a l l e y C o u n t y
Here is the market recap on Q1 2024 compared to Q1 2023 in McCall, Donnelly and Tamarack Resort areas. Data is derived from the Mountain Central MLS with a margin of error for properties not listed in local MLS.
TOWNHOMESALES-Q1/24
15 SALES MEDIAN $820,000 QTR1 2024 (55%increase)
VACANTLOTSALES-Q1/24
92% LP/SP DAYS ON MARKET 122 QTR1 2024 (increase28%)
TOWNHOMESALES-Q1/23 QTR1 2023
12 SALES MEDIAN SALES PRICE $375,000
VACANTLOTSALES-Q1/23
95% LP/SP DAYS ON MARKET 109 QTR1 2023
Tamarack | Donnelly
44 Vernon, McCall
104 Big Horn, McCall
New Construction in a Desirable Area of McCall $819,000
This 4 bedroom, 3 bathroom single family home provides outstanding access to Payette Lake, Brundage Mountain Ski Area, Bear Basin Recreation area and downtown McCall. Featuring an open floor plan with 1,913 total square feet, a primary suite on main level, additional guest room on main level, and two guest rooms upstairs separated by potential office space Quality construction with Quartz countertops, high efficiency appliances, energy seal insulation, a cozy electric fireplace, and attached garage Seller to provide a credit for landscaping Welcome to the Bighorn Subdivision with access to all that McCall has to offer! Rental CMA availableuponrequest
Jug Mountain Ranch Golf Course Lot | $245,000
Perched above the golf course, 44 Vernon Ct provides a sense of privacy near the end of a cul-de-sac with mature trees on the lot You still enjoy plenty of sun and filtered views of the valley from this 59 ac homesite This lot is fully improved with water, sewer and power, and offers an easy and spacious building envelope in which to build your dream home. If golfing, mountain biking, hiking, cross country skiing, fat tire biking, fishing, access to the pool at Hotel McCall, special events at Ruperts, Foresters and the Glass House and joining an active and vibrant community sounds like a good fit, lets walk the lot and experience the JMR lifestyle today! Co-listed withJulieSuitterofMcCallRealEstate.
2494 Westwood Drive Donnelly
.66 AC waterfront homesite $279,000
Phase 3B at Jug Mountain Ranch
New Developer Homesites to be released this summer
T a m a r a c k
Village Drive
Listed for $475,000 55 Ponderosa Ridge Tamarack Listed for $2,499,000 REPRESENTED BUYER 17 Rock Creek Tamarack Listed for $1,395,000
Golden Bar Tamarack Listed for $1,295,000
720
#305 Tamarack
55
Listed for $499,000
702 Village Drive #501 Tamarack
T a m a r a c k
Listed for $1,295,000
1 Rock Creek Tamarack
Listed for $1,325,000
Village Drive #508 Tamarack Listed for $995,000
61 Golden Bar Tamarack
780
Tamarack Listed for $2,050,000
41 Twin Creeks
Drive
Tamarack Listed for $1,449,000
740 Village
#303
Listed
JULIE SUITTER IS REPRESENTING
BUYER
with Tamarack Realty
T a m a r a c k 5 Golden Bar Tamarack 780 Village Drive #408 Tamarack or $600,000 780 Village Dr. #302/304 Tamarack Listed for $1,599,000 110 Golden Bar Tamarack Listed for $1,399,000
M c C a l l / D o n n e l l y
Donnelly Listed for $849,000
1276 Bennett Court
Donnelly Listed for $1,099,000
13158 Hawks Bay Rd
Donnelly Listed for $399,000
2121 Lydia
Donnelly Listed for $350,000
32 Magnum #4
Donnelly Listed for $229,000
51 Vernon
T A M A R A C K
D O N N E L L Y / M C C A L L
PG.
15-20
PG.21-22
T a m a r a c
k
T a m a r a c k
C u s t o m H o m e s / C h a l e t s
COMPLETELY TURN-KEY!
98
Sugarloaf, Tamarack Resort
3bed|4bath|2,622SF|$2,399,000
This mountain-modern home was thoughtfully designed to capturethelookandfeelofamountainskiresorthome,along with the quality, look, and feel you would expect with today's craftsmanship and technology. It features a one of a one-ofa-kind commercial-grade Samsung ECO HVAC system with a heat pump and A/C using ceiling cassettes, radiant flooring in bathrooms, a Majestic Quartz Fireplace, and a whole home water filter Vaulted ceilings in the living room with floor-toceiling windows capture great sunlight with an open-concept dining and kitchen Complete Z-Line appliance package, granite countertops, custom-built white oak cabinets and doors, and Restoration Hardware used for all main lighting fixtures
516 Whitewater, Tamarack
Luxury/CustomSkiProperty | $3,999,999
This 5-bedroom custom home built by Tradewinds Constructioncapturesoutstandinglakeviews,skiaccess, covered deck spaces with hot tub and fireplace, and a 2nd living space for entertaining Enjoy the bright light shining through the vast windows on the main level capturing Lake Cascade and the action on the Buttercup Chairlift The owner will carry at 5% interest!! Co-listed withAustinCallisonatHaydenOutdoorsRealEstate
22 Francois Court, Tamarack Resort
4bed|4bath|2,500SF|$2,475,000
This 4BR/4BA, 2,500 SF floor plan offers three en-suites, including a spacious suite upstairs and another large suite on the lower level, making for a great bunk room Entertain in the open concept main level and enjoy the expansive, covered deck with a wood-burning fireplace, private hot tub, and stone patio Ski access is easily accessible from the Encore Ski Run, using the groomed trail system leading to the entrance of Francois Court. This home has never been in the rental pool. Enjoy the spaceandlocationthischalethastooffer.
T a m a r a c k
C o t t a g e s / T o w n h o m e s
7 Rock Creek, Tamarack Resort
2bed|25bath| 1,250SF|$1,269,000
Premier location in Tamarack Resort This 2BR cottage has a beautiful, newly remodeled kitchen with new interior paint and carpet throughout. Enjoy the two en-suite bedrooms, private covered deck, and single-car garage complete with updated wiring for a Tesla (Tesla not included!). You have ski access, golf access, mountain biking, and hiking access right from your door Walk across the street for the complimentary pool, fitness center, and hot tub access. Just a few minuteswalktotheVillageatTamarack
84 Clearwater | Tamarack Resort
2bed|3bath| 1,407SF|$949,000
This Clearwater Court townhome offers easy access to the Buttercup chairlift and trail system The newly painted and refreshed home features a wood-burning fireplace, a partially covered deck with mountain and lake views, and a hot tub. The primary suite is upstairs, and the guest room is on the lower level. The Buttercup chairlift isnowoperatingsevendays/week.
780 Village Drive #206 Tamarack Resort
1bed|1bath| 797SF|$599,000
This one-bedroom luxury condo is offered completely turn-key, including a Ski and Sea housewares package, two flat-screen TVs, a luxury linen package, and a gorgeous sleeper sofa. Featuring stainless steel appliances, a modern linear gas fireplace with Italian tile, a washer/dryer,andafullyequippedkitchenwitha Quartzwaterfallisland
760 Village Drive #307 Tamarack Resort
bed|15bath| 997SF|$785,000
is gorgeous one-bedroom residence in cale San Miguel building in The Village at ck. This prime corner unit offers one of gest deck spaces for a one-bedroom, s views of Lake Cascade, and has an nce of light from the 3rd floor fully furnished in a mountain-modern andofferedcompletelyturn-key.
T
r a c k C o n d o s - V i l l a g e a t T a m a r a c k
a m a
75 Arling Center #220 Tamarack Resort 1bed|1bath| 516SF|$525,000
Completely remodeled condo in the Lodge at Osprey Meadows Owner financing is available. This studio condo has a new, mountain-modern feel with new flooring, paint, and a new kitchen complete with custom cabinetry, a stainless steel stove/oven, a microwave, a sink, and a refrigerator/freezer. Direct access to Pool, Fitness Center, Hot Tub, Spa, Fern & Feather Restaurant, and Golf/NordicShop.OWC!!
780 Village Drive #506 Tamarack
A well-priced one-bedroom condo in Tamarack Resort This one-bedroom luxury penthouse condo on the top floor of the Roseberry building in the Village at Tamarack is offered completely turn-key, including a Ski and sea housewares package, two flat-screen TVs, a luxury linen package, and a gorgeous sleepersofa. Propertyisundercontractwitha contingent offer based on the sale of another property.
Resort 1bedroom|1bathroom| 791SF|$619,900
T a m a r a c k C o n d o s - V i l l a g e a t T a m a r a c k & L o d g e a t O s p r e y M e a d o w s
77 Tripod | Tamarack Resort
92ACCustomLot|$599,000
CustomEstatehomesiteinTamarackResort.This0.92acre lot borders Foothills Park with mature vegetation and boulderoutcroppings.Enjoyasenseofprivacywhilehaving direct access to mountain biking, hiking, snowshoeing, and Nordicskiingviathemixed-useaccesstrails.Thelotisfully improvedwithwater,sewer,power,andcable
116 Golden Bar | Tamarack Resort
57ACSlopeSideSkiLot|$800,000
This true ski-in/ski-out homesite sits on the Encore Ski Run, parallel to the Tamarack Express Chairlift No need for a ski access trail, as your building envelope lies just 15 feetfromthegroomedrun
15 Steelhead | Tamarack Resort
25ACCustomLot|$389,000
CustomChaletlotinTamarackResort Enjoymountainand Village at Tamarack views from this best-priced homesite in the Resort. Access the groomed Buttercup ski trail and a short hike up to the Village amenities The lot is fully improved with water, sewer, power, and cable. Bring your ownbuilderandenjoyallofthebenefitsthatTamarackhas to offer, including the lodge amenities and recreation equipment
492 Whitewater | Tamarack Resort .72ACSkiLot|$650,000
This ski lot borders Tamarack Resort's Buttercup Chairlift
This home site offers lake and mountain views from its 13,000+ SF building envelope Ski in/out via the groomed ski trail bordering the southern boundary of this estate vacantlot T a m a r a c
H o m e s i t e s
k
Rare, creekside homesite in Tamarack Resort Expanding over half an acre in the Pinnacle Estates neighborhood,thispeacefullotissurroundedbyotherluxuryestatehomesandhasgreataccessto allofyourfavoriterecreationinTamarack ThegroomedLowerPinnacleTrailisjuststepsaway
790 Discovery | Tamarack Resort
60ACGolfCourseLot|$749,000
Enjoy the low-density neighborhood of Azure
Estates and Discovery Drive in Tamarack Resort
Adjacent to the 16th hole of the soon-to-berevitalized Osprey Meadows Golf Course, 790 Discovery Drive is surrounded by only a limited amount of estate homes, providing a serene experienceforyourgolfandskiresorthome
Nestled between the 150 acre Foothill Park and the award winning Osprey Meadows Golf Course, you’ll find peace and tranquility from this large homesite Enjoy a private back yard, an easy to build envelope, and great access to recreation surroundingyou. T a m a r a c k H o m e s i t e s
495 Discovery | Tamarack Resort 81ACPremierEstateLot|$499,000
p | .58ACCreeksideLot|$729,000
58 Charters, Donnelly
Fullyfurnished3BRhome|$435,000
Enjoy low-maintenance living in the heart of Donnelly, Idaho, with great access to Lake Cascade, Tamarack Resort, West Mountain snowmobiling, the restaurants and coffee shops of downtown Donnelly, and just 15 minutes to McCall Featuring many conveniences, including a two-car garage, main-level living, spacious mud room, and a privatebackyardsetting,includingahottub. Co-listedwithJulieSuittter.
250 W. Jordan Street, Donnelly SingleFamilyHome|$849,000
Thispropertyconsistsofasingle-familyhome with a garage AND a detached ADU with an additional 2-car garage. Unit A is a mountainmodern, cozy, fully furnished, three-bed, 2.5 bath with 1,461 square feet and an attached one-cargarage.Co-listedwithJulieSuittter.
D o n n e l l y S i n g l e F a m i l y H o m e s
TRISHA SEARS
INTRODUCING THE TRISHA SEARS REAL ESTATE TEAM: YOUR TRUSTED EXPERTS IN VALLEY COUNTY, IDAHO
Our team shares a vision of high integrity, smart work, balance, loving what we do, and loving where we live. These values are the cornerstone of our team's success Our passion for this area shines through and attracts buyers who want to join our community. Meanwhile, our sellers can rest assured that our experience, knowledge, and hard work will represent them well.
www.trishasears.com
JULIESUITTER
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