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Central Okanagan Real Estate Report April 16, 2018

Brenda Ellis

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Oct 29 3 minutes read

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:  



MLS is 'OMREB'
Major Area is 'Central Okanagan'
Sold Date is 4/9/2018 to 4/15/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

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


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