North Okanagan Residential MLS Real Estate Market Report: September 2011 Statistics A CLUE to the local market
Here are the updated North Okanagan Residential MLS real estate statistics, based on the reports by the Okanagan Mainline Real Estate Board
NORTH Okanagan Real Estate Market Update for September 2011
Condo / Apartment |
|
Listings Sold | 10 |
New Listings | 16 |
Current Inventory | 158 |
Absorption Rate | 6.33% |
Days to Sell | 277 |
Range | 59 - 834 |
Average Price | $155,250 |
Median Price | $148,000 |
Range | $65,000 -$349,000 |
Hottest Neighbourhood | 35th Ave |
Condo / Townhouse |
|
Listings Sold | 10 |
New Listings | 40 |
Current Inventory | 250 |
Absorption Rate | 4.00% |
Days to Sell | 143 |
Range | 24 - 411 |
Average Price | $232,640 |
Median Price | $246,250 |
Range | $58,900 - $370,000 |
Hottest Neighbourhood | Okanagan Landing |
Building Lot |
|
Listings Sold | 8 |
New Listings | 44 |
Current Inventory | 327 |
Absorption Rate | 2.45% |
Days to Sell | 118 |
Range | 27 - 191 |
Average Price | $171,613 |
Median Price | $170,000 |
Range | $27,900 - $340,000 |
Hottest Neighbourhood | Bella Vista / Okanagan Landing |
2 parcels were acreages
Residential |
|
Listings Sold | 46 |
New Listings | 134 |
Current Inventory | 816 |
Absorption Rate | 5.64% |
Days to Sell | 119 |
Range | 11 - 488 |
Average Price | $401,684 |
Median Price | $363,500 |
Range | $60,000 - $810,000 |
Hottest Neighbourhood | East Hill |
Overall Residential Sales vs Inventory = 4.77%
Ciao for now,
Brell - Your Okanagan Real Estate Umbrella
Brenda Ellis
REALTOR®
Sutton Group - Lakefront Realty
2749 30 Street, Vernon, BC, V1T 5C6
A growing team, a different approach
...we are better together!
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