June North Okanagan Residential MLS Average Home price = $357,245
OMREB has released the numbers for June residential MLS real estate market activity for the North Okanagan. We've had a look and ug a little deeper to come up with this information for you
June 2012 North Okanagan Real Estate Market Update
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Condo Apartment
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Listings Sold
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11
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New Listings
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26
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Current Inventory
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162
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Absorption Rate Sell/List
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6.79%
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Months of Inventory on Hand
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Almost 15
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Days to Sell (Average)
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153
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Days to Sell (Range)
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36 - 327
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Average Sale Price
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$158,136
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Median Sale Price
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$158,000
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Range of Sales Prices
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$85,000 - $227,000
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Hottest Neighbourhood
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27th Ave & 30th Ave
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Condo Townhouse
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|
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Listings Sold
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20
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New Listings
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50
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Current Inventory
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251
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Absorption Rate Sell/List
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7.97%
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Months of Inventory on Hand
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12 1/2
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Days to Sell (Average)
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126
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Days to Sell (Range)
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11 - 410
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Average Sale Price
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$292,292
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Median Sale Price
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$274,875
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Range of Sales Prices
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$135,000 -$491,000
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Hottest Neighbourhood
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East Hill
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Building Lot
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|
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Listings Sold
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9
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New Listings
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49
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Current Inventory
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537
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Absorption Rate Sell/List
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1.68%
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Months of Inventory on Hand
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60 or 5 years
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|
Days to Sell (Average)
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286
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Days to Sell (Range)
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26 - 1150
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Average Sale Price
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$172,650
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Median Sale Price
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$177,000
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Range of Sales Prices
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$74,000 - $280,000
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Hottest Neighbourhood
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all over the map!
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Residential Homes
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|
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Listings Sold
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85
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New Listings
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165
|
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Current Inventory
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790
|
|
Absorption Rate Sell/List
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10.76%
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Months of Inventory on Hand
|
9
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Days to Sell (Average)
|
81
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Days to Sell (Range)
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2 - 420
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Average Sale Price
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$357,245
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Median Sale Price
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$329,900
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Range of Sales Prices
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$156,700 - $1,500,000
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Hottest Neighbourhood
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Coldstream
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Overall Ratio of Sales vs Inventory in June = 8.95% in North Okanagan real estate.