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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 "Brell" ~ Brenda Ellis
Okanagan Shuswap Real Estate: What's Selling? March 6, 2011 Sold Reports available

Not only did the number of properties sold diminish in the week of February 28 to March 6, 2011, the total value of real estate traded dropped from $34,453,803 to $27,931,057 – which is more telling than the reduction by 4 in properties sold. The lack of sales over the $1,000,000. mark (most expensive property the week prior coming in at $1,550,000 compared to $740,000 this week.)

As expected, the Central Okanagan continues to dominate the number of sales within the Okanagan Mainline Real Estate region.

Okanagan Shuswap Properties Sold (87) Down 4

List Price

Sold Price

DOM

Beds

Total Baths

Finished Floor Area

Min

$10,000

$8,000

3

Max

$749,900

$740,000

912

6

4

4421

Avg

$332,832

$321,057

115

3

2

1731

Sum

$28,956,400

$27,931,935

Here is a look at the sales trends by zone so far this year:

Central Okanagan Properties Sold (54)down 6

List Price

Sold Price

DOM

Beds

Total Baths

Finished Floor Area

Min

$40,500

$35,000

3

Max

$749,900

$740,000

912

6

4

3395

Avg

$335,753

$325,628

90

3

2

1724

Sum

$18,130,650

$17,583,935

Click here to access information on properties sold in Central Okanagan real estate. (Kelowna BC and area)

North Okanagan Properties Sold (22) up 2

List Price

Sold Price

DOM

Beds

Total Baths

Finished Floor Area

Min

$10,000

$8,000

6

1

1

Max

$569,900

$533,000

792

5

4

4421

Avg

$318,789

$305,245

169

3

2

1777

Sum

$7,013,350

$6,715,400

Click here to access information on properties sold in North Okanagan real estate. (Vernon BC and area)

Shuswap Properties Sold (11)unchanged

List Price

Sold Price

DOM

Beds

Total Baths

Finished Floor Area

Min

$115,000

$105,000

8

1

1

Max

$599,900

$549,000

406

6

4

3813

Avg

$346,582

$330,236

128

3

2

1674

Sum

$3,812,400

$3,632,600

Click here to access information about properties sold in Shuswap real estate. (Salmon Arm / Revelstoke areas)

Brell

Brenda Ellis

REALTOR®

Sutton Group - Lakefront Realty

2749 30 Street, Vernon, BC, V1T 5C6

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250-308-4310 (voice/text)

250-549-3944 (office)

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