Land Sales may include: lot, waterfront lot, acreage and waterfront acreage. While Home sales may include duplex units (half or full), four plex units, single family homes with carriage homes, single family homes on acreage, single family homes within a bare land strata, home, timeshare, or triplex units. Townhouse sales may include detached or semi detached units.


Status: Sold (60)


List Price

Sold Price

DOM

Beds

Total Baths

Finished Floor Area

Min

$79,500

$74,000

3

1



Max

$1,299,000

$1,220,000

687

6

5

4410

Avg

$387,680

$374,277

89

3

2

1518

Sum

$23,260,800

$22,456,600





Criteria:  


MLS is 'OMREB'

Major Area is 'North Okanagan'

Sub-Area is 'SW - Swan Lake West'

Sold Date is 1/1/2017 to 12/31/2017

Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'


The property mix in this report contains 36 homes, 17 manufactured homes, and 7 land property sales.

Swan Lake West, Vernon BC  Key Performance Indicator Review 2017 

Time frame for the chart above is from Jan 2011 to January 2018 and it depicts the absorption rate of real estate specific to the  Swan Lake West, Vernon BC sub area or neighbourhood with the North Okanagan zone. 

Historic Look At  Swan Lake West, Vernon BC Real Estate Sales Volume  

This chart reflects the MLS® property sales by month. You can see the number of sales rising consistently  along with the seasonal variations - less sales in winter generally in this neighbourhood. Sales were stronger in 2014 than presently in this area.

Historic Trend of Active Listings  

You can see that the number of properties brought to the market in recent years is trending upward. The first chart we showed you - the absorption rate - is a direct result of the increase of properties coming to market in combination with the second chart - which shows the properties SOLD. Trends like this tend to favour sellers.

Historic Median / Average Days On Market Trends for  Swan Lake West, Vernon BC Residential Sales 

 This chart shows the comparison between the average days a property was on the market. ( From Activation to Final Subject Removal) in Swan Lake West. You can see that the days to sell are trending downward since mid 2014.

Historic Median Sale Price Trend for  Swan Lake West, Vernon BC, Vernon BC Residential Sales 

The chart above shows the upward trend of the Median (middle of the market) sale price by month over the last 7 years. You can see the upward trend of sale prices. in this neighbourhood. We will help you look at WHAT sold to make sense of this if you just ask!

Thank you for taking the time to look at our  Swan Lake West, Vernon BC market synopsis. Please feel free to share it with your friends and neighbours, and especially anyone you may know that might be looking for help selling or buying in  Swan Lake West, Vernon BC.

Cheers!

Chris, Brent, Shelby, & Brell
REALTORS
® along with the amazing
Diane, Kendra, Natalia and Yania