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North Okanagan Real Estate update: What Sold Sept. 14 to 20th 2009

It was another steady week in North Okanagan real estate sales, with our search showing 28 properties achieving the Sold status. Here is an overview of what things looked like in  Vernon BC and surrounding area real estate.

For more details about specific properties check out What SOLD this week.

Lots & Acreages:

2 properties sold after an average of 142 days as active listings. The median list price of these properties was $249,000 and the median sale price was $240,000. On average the seller accepted  96.7% of asking price. One of these properties was a small acreage in Spallumcheen overlooking Okanagan Lake.

Manufactured Homes:

The manufactured homes that sold were listed for a range of 34 to 316 days. The 4 manufactured homes sold  averaged a list period of 141 days. The median list price of manufactured homes sold was $146,900. Manufactured homes sold last week for a median sale price of $128,500. Sellers accepted an average of 89.2% of asking price with individual results ranging from a minimum  81% to a high of 103.3% indicating a multiple offer situation.

Single Family Residential Homes:

Single family is the largest category of property type. It includes duplex and triplex as well as residences on acreages. Fourteen homes listed for sale in the North Okanagan sold in the last week. These homes reflected list periods of from 13 to 374 days with the average number of days for a home on the market in the North Okanagan equalling 118. The median or middle of the range of list prices for the homes for sale that sold last week was $354.250 and the corresponding median sale price was $340,000. Sale prices on single family homes ranged from $172,500 to $665,000 on list prices ranging from $182,999 to $669,900. On average sellers accepted 97.3% of the list price. Single family homes sellers obtained a range of  from 92.8% of asking to a maximum of 101.8%. Two properties sold for 100% or more of asking price. 

Strata Properties:

The results for strata properties include apartments, townhomes,(attached, semi detached and detached) and  condos.  The past week saw 8 properties of this kind move to sold status in the North Okanagan. On average these properties showed an active list period of 109 days with durations ranging from 13 - 356 days. The median list price was $225,950 and median sold price equalled $217,000. Sold prices ranged from $118,000 to $410,000 with sellers realizing an average of 95.4% of list price in a range of from 87.5% to 100%.

North Okanagan Properties Sold

Sept 14 - 20, 2009

Status = Sold

DOM

Type

Price

Sold Price

Address

City

Residential Type = Lots and Acreages

124

Lots and Acreages

$199,000.00

$195,000.00

7104  Jasper

Vernon

159

Lots and Acreages

$299,000.00

$285,000.00

427 Lot 7 Golfview

Spallumcheen

Average

141.5

Median Price

$249,000.00

$240,000.00

Residential Type = Manufactured Home

316

Manufactured Home

$32,500.00

$28,000.00

15401 171 Kalamalka Lake

Coldstream

34

Manufactured Home

$109,900.00

$95,000.00

4137 38 Spallumcheen

Armstrong

151

Manufactured Home

$199,900.00

$162,000.00

6688 74 Tronson

Vernon

63

Manufactured Home

$183,900.00

$189,900.00

549  Mountview

Vernon

Average

141

Median Price

$146,900.00

$128,500.00

Residential Type = Single Family Residential

63

Single Family Residential

$182,999.00

$172,500.00

733  Franklyn

Lumby

34

Single Family Residential

$249,900.00

$232,000.00

4410   20th

Vernon

59

Single Family Residential

$249,000.00

$247,500.00

1702  31

Vernon

140

Single Family Residential

$299,000.00

$295,000.00

4503  Pleasant Valley

Vernon

115

Single Family Residential

$299,500.00

$305,000.00

5666  Lynes

Falkland

66

Single Family Residential

$324,800.00

$318,000.00

2202   32

Vernon

97

Single Family Residential

$339,000.00

$325,000.00

8049  Baker Hogg

Vernon

203

Single Family Residential

$369,500.00

$355,000.00

4107  12

Vernon

70

Single Family Residential

$385,000.00

$380,000.00

665  Black Rock

Vernon

89

Single Family Residential

$429,900.00

$406,500.00

2000  29

Vernon

374

Single Family Residential

$455,900.00

$431,000.00

2909  Richfield

Vernon

13

Single Family Residential

$437,000.00

$432,000.00

2501  25th

Vernon

48

Single Family Residential

$499,000.00

$499,000.00

9308  Pine

Coldstream

281

Single Family Residential

$669,900.00

$665,000.00

8747  Cortland

Coldstream

Average

118

Median Price

$354,250.00

$340,000.00

Residential Type = Strata

356

Strata

$134,900.00

$118,000.00

155 252 Silver Lode

Silver Star

171

Strata

$189,000.00

$180,000.00

5300 28 25th

Vernon

22

Strata

$189,900.00

$183,000.00

4000 101 27

Vernon

98

Strata

$209,900.00

$199,000.00

110 306 Kalamalka Lake

Vernon

13

Strata

$242,000.00

$235,000.00

3900 8 27

Vernon

62

Strata

$299,900.00

$299,900.00

4900 904 Heritage

Vernon

73

Strata

$359,900.00

$346,500.00

1001 26 30

Vernon

80

Strata

$429,000.00

$410,000.00

3506  110 38

Vernon

Average

109.4

Median Price

$225,950.00

$217,000.00

Brell
The Okanagan Real Estate Hub  - Century 21 Vernon, BC

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