Over $238 Million in Residential Properties Sold Jan - June
I got a request for a Year to Date report based on the North Okanagan real estate activity from January - June so have just wrapped up that synopsis, and thought I would share it here as well. Based on the OMREB database, here is a look at the last 6 Months totals for North Okanagan Real Estate Market.
|
Condo Apartment
|
|
|
Listings Sold
|
44
|
|
Listings Activated
|
149
|
|
Current Inventory
|
164
|
|
Days to Sell (Average)
|
147
|
|
Days to Sell (Range)
|
9 - 588
|
|
Average Sale Price
|
$164,707
|
|
Total Sales Value
|
$7,247,100
|
|
Range of Sales Prices
|
$68,000-$460,000
|
|
Hottest Neighbourhood
|
Silver Star
|
|
Condo Townhouse
|
|
|
Listings Sold
|
112
|
|
Listings Activated
|
288
|
|
Current Inventory
|
260
|
|
Days to Sell (Average)
|
138
|
|
Days to Sell (Range)
|
1 - 745
|
|
Average Sale Price
|
$274,018
|
|
Range of Sales Prices
|
$90,000 - $575,000
|
|
Total Sales Value
|
$30,689,998
|
|
Hottest Neighbourhood
|
Okanagan Landing
|
|
Building Lot
|
|
|
Listings Sold
|
41
|
|
New Listings
|
292
|
|
Current Inventory
|
550
|
|
Days to Sell (Average)
|
376
|
|
Days to Sell (Range)
|
8 - 1689
|
|
Average Sale Price
|
$226,8
|
|
Range of Sales Prices
|
$71,500 - $750,000
|
|
Total Sales Value
|
$9,299,820
|
|
Hottest Neighbourhood
|
Foothills
|
Includes 19 Acreages
|
Residential Homes
|
|
|
Listings Sold
|
401
|
|
New Listings
|
1068
|
|
Current Inventory
|
864
|
|
Days to Sell (Average)
|
115
|
|
Days to Sell (Range)
|
1 - 802
|
|
Average Sale Price
|
$375,729
|
|
Range of Sales Prices
|
$110,500 - $1,900,000
|
|
Total Sales Value
|
$105,667,185
|
|
Hottest Neighbourhood
|
A
|
(Residential Homes report mirrors the criteria used by OMREB for monthly reports. )
Overall, the sales results for all residential MLS properties sold in North Okanagan real estate looked like this:
|
| Residential MLS Properties Sold (703) January 1 - June 30, 2012 |
| |
| Min | $19,900 | $12,000 | 1 | | | |
| Max | $3,900,000 | $3,500,000 | 1689 | 9 | 7 | 7954 |
| Avg | $356,497 | $339,381 | 144 | 3 | 2 | 1825 |
| Sum | $250,617,587 | $238,584,734 |
am looking at posting a series of Charts that show the key performance indicators by month. Once I have the tech side sorted out to my satisfaction, I will let you know.
If you or anyone you know is looking for real estate services, I'd love to help.
Brell - Your Okanagan Real Estate Umbrella 250-308-4310
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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