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2019 in Vernon Real Estate
 1st Half Report

611 residential properties sold in Vernon BC in the first 6 months of 2019, with an average sale price of $440,684. after an average of only 77 days on the market.  ( Thanks to Peter Solymosi for the use of this great shot of Vernon)

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2019 in Vernon Real Estate 1st Half

 

Type


Sold

Single Family


318

Home on Acreage


19

Strata Apartment


61

Strata Condo


140

Manufactured Home


34

Lots & Acreage


35

Recreation


4

      

Status: Sold In Vernon BC 2019 Jan - June (611)


List Price

Sold Price

DOM

Beds

Total Baths

Finished Floor Area

Min

$34,500

$34,500

2




Max

$4,995,000

$4,400,000

1827

7

8

7205

Avg

$453,925

$440,684

77

3

2

1780

Sum

$277,348,198

$269,257,923






Absorption Rates

These chart shows the relationship between the amount of sales relative to inventory at intervals over the last 7 years expressed as Months Of Inventory.  Where the green line falls within the black outlined box indicates a time in the market that favours BUYERS  whereas the Red favours SELLERS.  

Single Family Homes

Status: Sold (318)


List PriceSold PriceDOMBedsTotal BathsFinished Floor Area
Min$124,800$120,000211525
Max$4,995,000$4,400,000329787205
Avg$556,457$541,58061432270
Sum$176,953,315$172,222,371


Vernon Apartments







Status: Sold (61)


List PriceSold PriceDOMBedsTotal BathsFinished Floor Area
Min$109,900$104,0003
1442
Max$749,000$700,000251342184
Avg$225,333$218,5975121907
Sum$13,745,299$13,334,400


Vernon Townhomes

Status: Sold (140)


List PriceSold PriceDOMBedsTotal BathsFinished Floor Area
Min$99,000$104,000411338
Max$799,000$734,000402443405
Avg$370,198$361,25368321513
Sum$51,827,686$50,575,393




Manufactured Homes

Status: Sold (34)


List PriceSold PriceDOMBedsTotal BathsFinished Floor Area
Min$34,500$34,5001311584
Max$399,000$350,000306321940
Avg$211,206$201,62981221218
Sum$7,181,000$6,855,400

Thinking of Buying or Selling

We know VERNON. 

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