Okanagan Shuswap Real Estate Market Update: North Okanagan January 2012 Market Report
NORTH Okanagan Real Estate Market Update for January 2012 according to OMREB database statistics
Condo / Apartment |
|
Listings Sold | 7 |
New Listings | 23 |
Current Inventory | 134 |
Absorption Rate | 5.22% |
Days to Sell | 202 |
Range | 9 - 588 |
Average Price | $186,986 |
Median Price | $153,000 |
Range | $99,900 - $448,000 |
Hottest Neighbourhood | Silver Star Mtn. |
Condo / Townhouse |
|
Listings Sold | 11 |
New Listings | 35 |
Current Inventory | 214 |
Absorption Rate | 5.14% |
Days to Sell | 242 |
Range | 60-491 |
Average Price | $211,009 |
Median Price | $197,000 |
Range | $105,000-$329,000 |
Hottest Neighbourhood | Alexis Park/ Vernon City |
Building Lot |
|
Listings Sold | 4 |
New Listings | 21 |
Current Inventory | 252 |
Absorption Rate | 1.59% |
Days to Sell | 178 |
Range | 39 - 352 |
Average Price | $291,750 |
Median Price | $152,500 |
Range | $112,000 - $750,000 |
Hottest Neighbourhood | Mixed |
* includes a 10 acre parcel in Coldstream with lakeview.
Residential |
|
Listings Sold | 37 |
New Listings | 120 |
Current Inventory | 563 |
Absorption Rate | 6.57% |
Days to Sell | 166 |
Range | 17 - 550 |
Average Price | $361,412 |
Median Price | $340,000 |
Range | $110,500 - $635,000 |
Hottest Neighbourhood | Coldstream |
Overall Sales vs Inventory = 5.07%
Check out our NEW online Resource for the Okanagan Shuswap Real Estate Stats and Trends
Brell
Real Estate Market Consultant & Marketing Specialist
2749 30 Street, Vernon, BC, V1T 5C6
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