What Sold in North Okanagan Vernon BC real estate Market Update -Jan. 31 '10 edition.
North Okanagan real estate sales last week ( January 25th to 31, 2010) 16 properties moved from for sale to sold status. This report covers the real estate in the Cities of:
For more details on the homes, lots, acreages, apartments and townhomes that sold please visit our Okanagan Market Stats web page for free downloadable pdf reports.
Lots and Acreages for sale:
In the land for sale section of the real estate market two properties for sale moved to sold status. One of these parcels was a five acre piece of land. The other was a .30 acre Okanagan lake view lot in Bella Vista, Vernon BC. Both pieces of land sold for $310,000.
The Lot - on Jasper Drive was listed for $329,000 and showed an active listing period of 20 days. The acreage was actively listed for 151 days and had a list price of $325,000. On average the sellers accepted 94.8% of asking price for the land sold with the highest percentage being 95.4% and the lowest being 94.2%
Manufactured Homes for sale:
Again this week, no manufactured (mobile) homes sold in the North Okanagan.
Single Family Residential Homes for sale:
In the past week, 10 homes for sale in Vernon BC and the surrounding North Okanagan communities moved to sold status.
These homes were on the market an average of 81 days and sold for median sales price of $285,250 on a median list price of $293,250. Listing prices for the homes that sold ranged from $224,900 to $1,060,000 and the corresponding sale prices ranged from $220,000 to $964,000.
One of these home sellers realized 100% of their list price in the single family home for sale market last week. This property was in Armstrong. On average sellers accepted 96.4% of the current listed price with the lowest accepted price reflecting 90.0.% . Six of the properties sold for $300,000 or less. In the Over $500,000. segment of the North Okanagan real estate market – 1 property sold. No property valued at over $1,000,000 sold. The most expensive property for sale was a 3 bedroom 5 bath property on Odin Road, Silver Star Mountain. It showed an active list period of 13 days. It was also the property that sold for 90% of the list price.
Strata properties for sale:
In the sector of Vernon BC and North Okanagan real estate that includes apartments, condos, and attached, semi detached and detached townhomes, 4 properties moved from for sale to sold status. These properties had current listings that averaged 206 days in length. However the range of days on the market shows listing times of 6 - 601 days days! List prices were $195,000 to $895,000 with sale prices of $190,000 and $881,000.
On average - sellers accepted 97.9% of the current list price for strata homes. The amounts accepted ranged from 95.5% to 99.8% of the last listed price.
For more details on the homes, lots, acreages, apartments and townhomes that sold please visit our Okanagan Market Stats web page to download free reports with the listing details.
See you online,
Brell ~ Brenda Ellis REALTOR with TheOkanaganRealEstateHub.com @ Century 21 Executives Realty Ltd
(250)550-2161 Direct Dial
(250)549-2103 Office Reception
1-877-227-4073 Toll Free
Century 21 Executives Realty Ltd.
2907 - 32nd St.
Vernon, BC V1T 5M2