Based in Vernon BC at Sutton Group - Lakefront Call Brell 250-308-4310

Hyper Local Okanagan North Vernon BC Real Estate Update for August 2012


 

 We post a Market Update specifically for residential MLS real estate in the Okanagan North  neighbourhood of

Vernon BC,  real estate. 

Scroll down for more stats and links to properties for sale in Okanagan North, Vernon BC.

Posted March 7, 2013

 


Living in Okanagan North, Vernon BC


The Okanagan Mainline Real Estate Board defines the Okanagan North neighbourhood of Vernon BC Real Estate as the area north of the Fintry Delta on the west side of Okanagan Lake, around Head of the Lake, including all of Indian Reserve # 1.

Many of the properties listed as in Okanagan North do sit on leased Native Reserve land - but not all. The Subdivision of Westshore Estates, and Killeney, as well as the areas of of Udell Rd are freehold (traditional title) properties.

Okanagan North homes, therefore range from summer cabins to fulltime year round homes in small communities of their own. Many of the people that live in Okanagan North do not necessarily have to work in town everyday. All cherish the more rural lifestyle.

Children are bussed to and from schools - and depending on location - may attend either in School District #22 Vernon or #23 Kelowna.

There are very few services that are within 30 minutes - but the essentials can be purchased  from the few stores on the reserve.

Municipal services like water - are either non existant, or private utility - pulled from the lake and managed privately. The properties out in Okanagan North are on septic service.

Click here to read about recent upgrades announced to Westside Road

 

 

 


Okanagan North In Perspective


 Okanagan North Real Estate Statistics

We have filtered out the Okanagan Mainline Real Estate Data for the Okanagan North  neighbourhood from 2005 to date to come up with these figures. The numbers here relate to all residential property sales, including Lots, Manufactured homes, Duplex ( full or half), Fourplex, Recreational with or without building, Residential with Carriage House, Single Family Residential Homes, Single Family- Bare Land Strata, Timeshare and Triplex Dwellings. 

 

2012 Okanagan North Residential MLS® Properties  Sold (52)
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $20,000 $15,000 9 1 1  
Max $499,000 $452,500 802 5 3 3268
Avg $221,348 $207,944 184 3 2 1489
Sum $11,510,100 $10,813,083      

 

Criteria: 
Status is 'Sold'
Major Area is 'North Okanagan'
Sub-Area is 'ON - Okanagan North'
Sold Date is 1/1/2012 to 12/31/2012
Property Type is one of 'Lots and Acreages', 'Manufactured Home', 'Recreation', 'Single Family Residential', 'Strata

 

2011  Okanagan North Residential MLS Properties  Sold (32)
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $41,900 $27,900 15 1 1  
Max $1,395,000 $1,400,000 681 5 4 4430
Avg $288,994 $274,041 182 3 2 1643
Sum $9,247,800 $8,769,300
 
2010 Status: Sold (31)
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $34,900 $34,900 10 1    
Max $995,000 $945,500 607 6 3 2952
Avg $255,923 $241,618 148 3 2 1529
Sum $7,933,600 $7,490,147

2009  Status: Sold (29)
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $5,000 $3,535 9      
Max $498,500 $486,500 389 5 4 3500
Avg $193,417 $181,322 129 2 2 1190
Sum $5,609,100 $5,258,335

 

2008  Status: Sold (35)
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $10,000 $5,000 6      
Max $1,190,000 $1,100,000 316 5 3 3350
Avg $287,811 $272,285 93 2 2 1250
Sum $10,073,400 $9,529,980

 

 

2007  Status: Sold (42)
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $8,500 $7,500 7      
Max $469,800 $463,800 292 6 3 2960
Avg $202,802 $193,974 97 2 1 1203
Sum $8,517,700 $8,146,900

 

 

2006  Status: Sold (48)
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $5,000 $4,000 1      
Max $1,495,900 $1,420,000 408 6 5 4620
Avg $190,488 $184,597 94 3 2 1563
Sum $9,143,400 $8,860,670

 

 

2005  Status: Sold (69)
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $26,500 $24,000 5 1 1 350
Max $349,000 $335,000 993 7 4 3414
Avg $146,110 $140,483 120 3 2 1625
Sum $10,081,600 $9,693,300

 


Okanagan North Real Estate Reports


 

To enhance your buying and selling experience, it’s our job as real estate professionals to provide you with as much valuable information as possible. It is essential that the buyer or seller be aware of all aspects of the real estate market before making a major decision.
Access our free report on what sold in Vernon BC’s Okanagan North neighbourhood.
Check out the 7 Properties Sold in Okanagan North In the 1st Quarter of 2013
Average sale price came in at $200,414 with sales ranging from $50,000 - $380,000 over the 7 sales. @ were land only. Days to sell averaged 164 in the list period
Residential MLS® Properties Sold in Okanagan North in 2012
Have a look at the 52 properties sold in Okanagan North residential real estate in 2012. Average sale price was $207,944 with sale prices ranging from $15,000 to $452,500. Days to sell ranged from 9 - 802 and averaged out at 184.

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