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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 Residential MLS Real Estate Market Report - Stats for January 2012

SHUSWAP Real Estate Market Update for January 2012 according to OMREB database statistics

Condo / Apartment

Listings Sold

4

New Listings

17

Current Inventory

59

Absorption Rate

6.78%

Days to Sell

245

Range

48 - 515

Average Price

$275,975

Median Price

$312,500

Range

$138,900 - $340,000

Hottest Neighbourhood

SW Salmon Arm

Condo / Townhouse

Listings Sold

2

New Listings

22

Current Inventory

72

Absorption Rate

2.78%

Days to Sell

228

Range

45 -410

Average Price

$264,000

Median Price

$264,000

Range

$250,000 - $278,000

Hottest Neighbourhood

Eagle Bay /NW Salmon Arm

Building Lot

Listings Sold

1

New Listings

37

Current Inventory

222

Absorption Rate

.45%

Days to Sell

348

Range

Average Price

$135,000

Median Price

$135,000

Range

Hottest Neighbourhood

Blilnd Bay

Residential

Listings Sold

22

New Listings

41

Current Inventory

291

Absorption Rate

7.56%

Days to Sell

151

Range

29 - 479

Average Price

$344,930

Median Price

$337,500

Range

$100,000 - $635,000

Hottest Neighbourhood

Revelstoke

Overall Sales vs Inventory = 4.50%

Check out our NEW online Resource for the Okanagan Shuswap Real Estate Stats and Trends

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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Posted: Tuesday, February 07, 2012 2:38 PM by Brenda Ellis ~ brell

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