Region wide – sales rebounded this week over last with an increase putting us back over 200 sales reported – and leading to over $103 Million in combined sales value. Average sale price was down however at $475,603

Basic Statistics
Okanagan Shuswap Properties for Sales (217)

Status: Sold (217)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$15,000
$12,500
1
1
1

Max
$1,698,000
$1,550,000
572
7
6
6318
Avg
$486,234
$475,603
67
3
2
1788
Sum
$105,512,874
$103,205,839




Criteria:





MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 5/28/2018 to 6/3/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Sold (176)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$59,000
$55,000
3

1

Max
$6,298,000
$5,745,000
1793
6
8
7413
Avg
$554,133
$539,464
76
3
2
1854
Sum
$97,527,373
$94,945,647




Here is our weekly price point look at what the dollar near the average sale bought in each of the 3 real estate zones.

Central Okanagan -     #806 1947 Underhill Street, Kelowna, V1X 7Z5

Built in 2005, this apartment has a 1,210 finished floor area, 1 bedroom, and 2 baths.  The listed price was $479,900.  It sold in 14 days for $475,000.
   Marketed As:


Outdoor pool.  This executive, 1 bedroom plus den unit has over 1200 sqft with a built in murphy bed so den can act as a 2nd bedroom.  Open concept living space.  Featuring newer gleaming hardwood and cork floors, S/S appliances, classy newer kitchen granite sink and faucet, cozy gas fireplace (gas included in strata fee). The bright master has a 4 piece ensuite, with under cabinet lighting and a walk-in closet. Enjoy dinner, drinks and the spectacular view and city lights at night on your spacious covered half moon patio complete with gas bib for BBQ. Many other updates include Novatech water filtration, 2 STORAGE LOCKERS (one right outside in hall) Built in Vac.  Secure underground parking, including spaces for guests.

North Okanagan -      #3 2525 Jarvis Street, Armstrong, V0E 1B1

Built in 2017, this house has a 2,037 finished floor area, 3 bedrooms, and 3 baths.  The listed price was $499,000.  It sold in 143 days for $475,238.

   Marketed as:

3 bed, 3 bath 2,037 sq. ft. family home. Exceptional floor plan and quality detailing make for comfortable and delightful living on a quiet no through road.  Roomy entranceway leading up to main level with spacious and bright living room, dining room and modern kitchen featuring granite countertops. Included on main level is master bedroom with his & hers closets and 4 piece ensuite, plus second bedroom and full main bathroom. Lower level features a third bedroom, family room, full bathroom, laundry room, and access to the attached double garage.

Shuswap –      66 Wilson Creek, Sicamous, V0E 2V0

Built in 1975, this cabin has a 950 finished floor area with 3 bedrooms, and 1 bath.  The listed price was $529,000.  It sold in 295 days for $459,900.

     Marketed as:

Over half an acre on the pristine shores of Shuswap Lake.  This beautifully maintained cabin has the best deck on the bay, boasting almost a thousand square feet of covered comfort. The cabin has two bedrooms on the main floor and a generous loft, as well an open kitchen/living room space with a cozy wood stove to take the chill off on cool evenings. Unique vintage gas light fixtures cast a lovely warm glow in the evenings, a washing machine and propane freezer add to the comforts that make this not just a cabin, but a home. There is even a hot tub if you so desire. New solar panels provide all the power you need for the little luxuries we have all come to depend on. A creek provides fresh gravity fed water to your new cabin and western exposure extends the time you'll get to enjoy your own beach and spectacular Shuswap Lake.

Breakdown of the Sales for the Week
Lots & Acreages

13

Manufactured Homes

15

Recreational

3

Single Family Residential

113

Strata - Apartments

43

           - Townhouses

30