2012 Update: Homes on 5+ Acres - What's happening in this sector of Vernon BC and Area Real Estate?
Just ran a report this morning for some potential clients in regard to what has been selling in the North Okanagan as far as homes on acreage. These folks were interested in 5 or more acres - so that was the main criteria for the search as far as properties go.
Here is what the overall stats looked like:
|
| 2012 Homes on 5+Acres Sold (23) Jan 1 - May18, 2012 |
| |
| Min | $209,000 | $205,000 | 20 | 1 | 1 | 1000 |
| Max | $2,290,000 | $1,910,000 | 671 | 7 | 4 | 4078 |
| Avg | $629,504 | $584,757 | 184 | 4 | 3 | 2498 |
| Sum | $14,478,600 | $13,449,400
|
The evaluation of acreage is such that it is really quite imperative to know what properties make up the data that statistics are pulled from. If you or someone you know is looking to buy or sell acreage - I have a report on what has been selling in the North Okanagan:
Enderby
Armstrong
Falkland
Vernon
Coldstream
Lumby and
Cherryville are all covered in this report. Naturally - if you wish only to look at a specific neighbourhood - I can create a custom report for you.
Compared to the same criteria for all of 2011
| 2011 5+Acres and homes : Sold (57) |
| |
| Min | $149,000 | $115,000 | 5 | 1 | | 400 |
| Max | $1,395,000 | $1,400,000 | 637 | 6 | 5 | 6852 |
| Avg | $549,142 | $516,355 | 138 | 3 | 2 | 2484 |
| Sum | $31,301,122 | $29,432,25 |
Currently there are 152 active listings on the market locally with homes on 5 or more acres for sale in Vernon BC and surrounding areas.
Feel free to email me or to comment on this post with your questions about this sector of North Okanagan real estate.
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!
Visit my site Share with me on Facebook Share with me on Google+ Share with me on Twitter