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Okanagan Shuswap Real Estate

Okanagan Real Estate updates, Community information, Market statistics, New listings and random thoughts from Your Okanagan Real Estate Umbrella - Brenda Ellis ~ brell.

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North Okanagan Real Estate April Statistics

 Here is an overview of how April looked in the North Okanagan Real Estate Market. The median price is holding steady, and yes - there was one sale at $3,100,000 on Okanagan Lake. (at list price as well - in 0 days on the market) proving that motivation truly has a role in real estate! The average number of days on the market is reduced - hitting a summer like pace - but the number of sales compared to last year is lower, and the number of listings is higher as is the residential inventory. This information is pulled from the OMREB database, and is believed to be accurate, but should not be relied upon without verification.

Residential

New Listings

237

Listings Sold

86

Median Price

$379,000

Range

$110,000 - $3,100,000

Days to Sell

64

Inventory

593

Hottest Neighbourhood

East Hill

Condo / Apartment

New Listings

29

Listings Sold

15

Median Price

$210,000

Range

$131,500-$320,000

Days to Sell

81

Inventory

115

Hottest Neighbourhood

Middleton Way

Condo / Townhouse

New Listings

75

Listings Sold

25

Median Price

$245,000

Range

$150,000-$622,000

Days to Sell

69

Inventory

152

Hottest Neighbourhood

Alexis Park

Building Lot

New Listings

59

Listings Sold

8

Median Price

$249,250

Range

$125,000-$349,900

Days to Sell

269

Inventory

212

Hottest Neighbourhood

Coldstream

 

Posted: Monday, May 05, 2008 5:17 PM by The Okanagan Real Estate Hub

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