A Clue to the North Okanagan Real Estate Market: June Statistics 2011
Here is our report for the Condo / Apartment, Townhouse, Building Lot and Residential real estate (based on the Okanagan Mainline real estate database)
NORTH Okanagan Real Estate Market Update for June 2011
Condo / Apartment | |
Listings Sold | 8 |
New Listings | 29 |
Current Inventory | 172 |
Absorption Rate | 4.65% |
Days to Sell | 138 |
Range | 16 - 351 |
Average Price | $160,375 |
Median Price | $162,500 |
Range | $75,000 - $243,000 |
Hottest Neighbourhood | Centennial Drive |
Condo / Townhouse | |
Listings Sold | 21 |
New Listings | 37 |
Current Inventory | 245 |
Absorption Rate | 8.57% |
Days to Sell | 124 |
Range | 11 - 337 |
Average Price | $244,024 |
Median Price | $250,000 |
Range | $105,500 - $391,500 |
Hottest Neighbourhood | Vernon City |
Building Lot | |
Listings Sold | 9 |
New Listings | 34 |
Current Inventory | 326 |
Absorption Rate | 2.76% |
Days to Sell | 302 |
Range | 30 - 719 |
Average Price | $228,094 |
Median Price | $190,000 |
Range | $143,000- $390,000 |
Hottest Neighbourhood | all over! |
Residential | |
Listings Sold | 73 |
New Listings | 175 |
Current Inventory | 835 |
Absorption Rate | 8.74% |
Days to Sell | 96 |
Range | 7 - 614 |
Average Price | $352,958 |
Median Price | $318,000 |
Range | $ 88,900- $1,150,000 |
Hottest Neighbourhood | Coldstream |
Overall Residential Sales vs Inventory = 7.03%