Shuswap Real Estate Stats for July '12.
OMREB released its July Statistics for the Shuswap Revelstoke zone this week. Here are the numbers - with some added detail from their database.
July 2012 Shuswap Real Estate Market Update
Condo Apartment |
|
Listings Sold | 8 |
New Listings | 9 |
Current Inventory | 135 |
Absorption Rate Sell/List | 5.93% |
Months of Inventory on Hand | Almost 17 |
Days to Sell (Average) | 196 |
Days to Sell (Range) | 42 - 673 |
Average Sale Price | $261,613 |
Median Sale Price | $154,000 |
Range of Sales Prices | $115,000 - $849,900 |
Hottest Neighbourhood | SW Salmon Arm |
Condo Townhouse |
|
Listings Sold | 5 |
New Listings | 13 |
Current Inventory | 127 |
Absorption Rate Sell/List | 3.94% |
Months of Inventory on Hand | 25 months |
Days to Sell (Average) | 187 |
Days to Sell (Range) | 59 - 365 |
Average Sale Price | $301,567 |
Median Sale Price | $308,935 |
Range of Sales Prices | $175,000 - $429,000 |
Hottest Neighbourhood | NE Salmon Arm |
Building Lot |
|
Listings Sold | 9 |
New Listings | 44 |
Current Inventory | 509 |
Absorption Rate Sell/List | 1.77% |
Months of Inventory on Hand | Almost 57 |
Days to Sell (Average) | 341 |
Days to Sell (Range) | 31 - 845 |
Average Sale Price | $86,833 |
Median Sale Price | $80,000 |
Range of Sales Prices | $12,500 - $160,000 |
Hottest Neighbourhood | Blind Bay / North Shuswap |
Residential Homes |
|
Listings Sold | 27 |
New Listings | 81 |
Current Inventory | 515 |
Absorption Rate Sell/List | 5.24% |
Months of Inventory on Hand | 19 months |
Days to Sell (Average) | 112 |
Days to Sell (Range) | 22 - 465 |
Average Sale Price | $304,711 |
Median Sale Price | $285,000 |
Range of Sales Prices | $63,000 - $1,350,000 |
Hottest Neighbourhood | SE Salmon Arm |
Overall Ratio of Sales / Inventory = 4.56%
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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