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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 - Brenda Ellis ~ brell.

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Shuswap Revelstoke Residential MLS Real Estate Market Report: December 2011 Statistics

SHUSWAP Real Estate Market Update for December 2011

Condo / Apartment

Listings Sold

2

New Listings

8

 Current Inventory

51

Absorption Rate

3.92%

Days to Sell

283

Range

122 - 443

Average Price

$148,500

Median Price

$148,500

Range

$140,000 - $157,000

Hottest Neighbourhood

Sicamous / SW Salmon Arm

Condo / Townhouse

Listings Sold

1

New Listings

7

 Current Inventory

70

Absorption Rate

1.43%

Days to Sell

537

Range

537

Average Price

$615,000

Median Price

$615,000

Range

$615,000

Hottest Neighbourhood

Bayside Town Homes

Building Lot

Listings Sold

7

New Listings

19

 Current Inventory

209

Absorption Rate

3.35%

Days to Sell

307

Range

1 - 877

Average Price

$417,571

Median Price

$360,000

Range

$113,000 - $1,275,000

Hottest Neighbourhood

NE Salmon Arm

Residential

Listings Sold

14

New Listings

29

 Current Inventory

293

Absorption Rate

4.78%

Days to Sell

135

Range

31 - 861

Average Price

$286,343

Median Price

$295,400

Range

$120,000 - $1,175,000

Hottest Neighbourhood

Mixed! 4 areas with 4 sales

Overall Sales vs Inventory = 3.85%

Brell

Real Estate Market Consultant & Marketing Specialist
Brenda Ellis Your Okanagan Real Estate Umbrella
Sutton Group - Lakefront Realty REALTOR®

2749 30 Street, Vernon, BC, V1T 5C6

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