Okanagan Shuswap Real Estate : Okanagan Shuswap Real Estate: What's Selling? July 17, 2011 Sold Report and Statistics

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Okanagan Shuswap Real Estate: What's Selling? July 17, 2011 Sold Report and Statistics

While the number of properties sold in the Okanagan Shuswap real estate region was down from the previous week, the total value of properties sold was higher. $53, 911,804 in residential properties traded between July 11 and 17, 2011 (inclusive.)

These statistics include:

· Lots, Land and Acreage

· Residential Single Family homes

· Recreation or Vacation homes , lots & land

· Strata properties – Apartments, townhomes, condos

· Manufactured homes.

OKANAGAN SHUSWAP REGIONAL REAL ESTATE RESULTS

Okanagan Shuswap Properties Sold July 17(126)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$42,500	$33,500	4	1	1
	Max	$3,999,000	$3,500,000	1131	6	8	5738
	Avg	$452,895	$427,871	122	3	2	1816
	Sum	$57,064,749	$53,911,804

Compared to:

Okanagan Shuswap Properties Sold July 10 (138)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$44,900	$38,000	2	1
	Max	$4,500,000	$3,450,000	667	6	5	5100
	Avg	$396,893	$373,256	100	3	2	1567
	Sum	$54,771,238	$51,509,328

ZONE BY ZONE OKANAGAN SHUSWAP REAL ESTATE STATISTICS

CENTRAL OKANAGAN

The number of residential property sales dropped by 13 in the Central Okanagan, but the total value of properties traded rose over $2 million dollars, with the average residential sale moving up to $434,743 from $384,945 the week prior. Click Here for details on properties sold in the Central Okanagan zone.

Central Okanagan Properties Sold July 17 (84)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$42,500	$33,500	10	1	1
	Max	$3,999,000	$3,500,000	284	6	6	5738
	Avg	$461,830	$434,743	92	3	2	1797
	Sum	$38,793,749	$36,518,404

Compared to:

Central Zone Properties Sold (97) July 10
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$44,900	$40,500	2	1	1
	Max	$4,500,000	$3,450,000	667	5	5	5100
	Avg	$410,427	$384,945	90	3	3	1574
	Sum	$39,811,438	$37,339,676

NORTH OKANAGAN

Sales remained stable at 30 transactions in the North Okanagan Zone this week. The Average sale price was up at an uncharacteristic $475,367 from an already higher than normal #383,422 the week prior. Click Here for details on properties sold in the North Okanagan zone.

North Okanagan Properties Sold July 17 (30)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$125,000	$117,500	4	1	1
	Max	$1,950,000	$1,840,000	1131	5	8	5708
	Avg	$498,657	$475,367	178	3	3	1991
	Sum	$14,959,700	$14,261,000

Compared to:

North Zone Properties Sold (30) July 10
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$52,000	$38,000	19	2	1
	Max	$2,498,000	$2,200,000	428	6	4	3730
	Avg	$406,800	$383,422	126	3	2	1641
	Sum	$12,204,000	$11,502,651

SHUSWAP REVELSTOKE

In the Shuswap Zone, residential real estate values traded totalled $3,132,400 up from $2,667,001 the week prior. The number of sales transactions was up by one. The average sale price in this zone was $261,033 which was up slightly from the @242,455 the week before. Click Here for details on properties sold in the Shuswap zone.

Shuswap Properties Sold July 17 (12)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$55,000	$51,000	27	2	1
	Max	$739,900	$728,500	688	5	3	3200
	Avg	$275,942	$261,033	195	3	2	1516
	Sum	$3,311,300	$3,132,400

Compared to:

Shuswap Properties Sold July 10
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$54,900	$38,000	19	1
	Max	$509,000	$470,000	356	4	3	2788
	Avg	$250,527	$242,455	115	2	2	1310
	Sum	$2,755,800	$2,667,001