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Central Okanagan Real Estate Report April 16, 2018
Weekly Top Property – 4214 Hobson Road, Kelowna, V4V 1T6
Marketed as:
Unique offering of level waterfront. Provides .80 acre level home site. Over 120 feet of shoreline with boat dock and lift. Original home was built in 1923 and additions in 1992 to accommodate the current owners growing family. Wood lined walls and ceiling in the home create a cabin feel in combination with the recent updates allowing for modern living. 4 bedrooms and 2 baths. The property offers a quiet sandy bay that is dotted with mature tall standing trees for privacy and shade. A stunning property to build your dream home or use a vacation retreat for family.
Based on 2016 taxes = $20,440
Here is a look at the basic statistics for residential real estate sales in the Central Okanagan, where the number of sales reported was up, as was the total sales volume ( at $72.5 million, however the average sale price dipped slightly:
| Status: Sold (126) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $69,900 | $68,000 | -1 | 1 | 1 | ||
| Max | $4,995,000 | $4,432,500 | 385 | 8 | 5 | 6600 | |
| Avg | $589,839 | $575,771 | 57 | 3 | 2 | 1802 | |
| Sum | $74,319,757 | $72,547,099 | |||||
Criteria:
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Compared to last week
| Status: Sold (115) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $104,900 | $96,000 | 1 | 1 | 1 | ||
| Max | $1,899,900 | $1,800,000 | 364 | 6 | 6 | 5080 | |
| Avg | $603,318 | $586,470 | 59 | 3 | 2 | 1778 | |
| Sum | $69,381,551 | $67,444,021 | |||||
| Breakdown of the Sales for the Week | |
| Lots & Acreages | 5 |
| Manufactured Homes | 7 |
| Recreational | 0 |
| Single Family Residential | 61 |
| Strata - Apartments | 34 |
| - Townhouses | 19 |