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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 "Brell" ~ Brenda Ellis

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Sales Transactions Hold Steady (174) Average price = $369,085
May 19, 2013 While the number of sales transactions from week to week only increased by one, the average sale price reported was up slightly more than $26,500. This is attributed to the shift in the property mix with 27 more single family homes selling Read More...
First Time Buyers Lead Homebuyers in April.
The results of OMREB's APRIL 2013 Buyers Survey are just in. During the month of April, there was substantial increase in purchases by First-Time Buyers and a nominal bump-up in Revenue Property by Investors, while other catagories saw a drop or remained Read More...
Residential Sales Up Across the Board.
May 13, 2013 All zones the Okanagan Shuswap real estate region saw increased sales activity May 6 - 2, 2013 from the week before, but the average sale price declined. All types of property including lots and acreage, manufactured homes, recreation properties, Read More...
North Zone (Predator Ridge to Enderby) April Market Report
May 6, 2013 We've combed the OMREB database to add some details to their report for residential MLS® real estate in the month of April, 2013. The North Okanagan remains firmly in a Buyers Market. In the North Zone (Predator Ridge to Enderby): Read More...
Central Zone (Peachland to Lake Country) April 2013 Market Report
May 6, 2013 The Okanagan Mainline Real Estate Board has produced it's monthly statistics, and we've added our extra information from their database to provide you a CLUE to what is going on in the local residential MLS® real estate market. Read More...
Shuswap Zone (Salmon Arm to Revelstoke) April Market Update
May 6, 2013 We have added some extra info from the Okanagan Mainline Real Estate Statistics (using their database) for the Shuswap Zone (Salmon Arm to Revelstoke) During April, overall unit sales in the Shuswap‐Revelstoke Zone improved 25% at 75 units Read More...
Number of Sales and Average Price Down From Last Week Regionally.
May 5, 2013 Both the number of residential MLS® real estate sales transactions and the average sale price fell slightly this week compared to the numbers we posted last week for the Okanagan Shuswap region. This week - the Central Okanagan zone saw Read More...
March Buyer Survey: Move Up Buyers Dominate the Market
The results of OMREB's MARCH 2013 Buyers Survey are posted! A total of 184 respondents participated in this survey – representing 55.9% of the 329 OMREB sales representatives who acted as Buyers Agents, and 39.8% of the 462 deals closed on behalf Read More...
Average Sale Price $381,078 and $59,448,196 in combined sale volume!
April 28, 2013 Average sale price jumped this week up to $381,078 which is higher than we have seen in awhile. Home sales were up in each of the 3 zones, and land sales were down overall and in the Central and North Okanagan with the Shuswap zone stable Read More...
Sales volume creeps toward $48 Million last week. What is Selling?
April 14, 2013 With an increase in strata property sales, lots and manufactured homes, and a decrease in the number of single family home sales, it is not a surprise that we saw the average sale price decline this week from last weeks $356,059. This week, Read More...
Home Sales Jump Across Region. Was HST A Factor?
April 7, 2013 The Okanagan Shuswap residential market sales jumped in the Single Family Home sector of the market this week, up by 26 sales! Of those sales, 5 of them (ALMOST 20% were vacant homes, built in 2011 - 2013) There is no way to know if the Read More...
Shuswap Revelstoke March Market Update: A Buyers Market
Here is the information for March, 2013 residential MLS® real estate sales in the Shuswap Revelstoke zone. With only 4.06% of the active inventory selling in the month of March, this sector of Okanagan Shuswap real estate is clearly in a BUYERS Market. Read More...
Central Okanagan March 2013 Update: Townhome Sector Leads Market
Here is the information from the Okanagan Mainline Real Estate Board for residential MLS® sales reported in the Central Okanagan for March, 2013. The townhome sector leads the market with 11.78% of the active inventory selling in March. This indicates Read More...
March Statistics: 8.62% of Homes on the Market Sold in North Okanagan
While sales are still down in March compared to March 2012 - the market does seem to be gaining some traction. We saw an Sell to Inventory number that indicates that 8.62% of homes on the market in March were sold. This is still a Buyers Market. Here Read More...
March Stats: Slow and Steady end to the First Quarter of 2013
MARCH STATS: OKANAGAN-SHUSWAP HOUSING MARKET STEADIES DURING FIRST QUARTER 2013 Just in from OMREB. I am working on individual neighbhourhood updates for North Okanagan area real estate daily now - but here is the regional outlook: Kelowna, BC – Read More...
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