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North Okanagan Real Estate Report - April 16, 2018
Weekly Top Property - 8010 Graystone Drive, Coldstream, V1B 4A9
Marketed as:
Enjoy the stunning Kalamalka Lake and mountain views from this 'like new' contemporary home. Loaded with quality finishings including elevator for easy access to all floors. Hardwood floors thruout. Open design to entertain. Great room and kitchen featuring dramatic 12 foot high ceiling, abundant natural light and plenty of WOW factor. Gourmet island kitchen with quartz countertops, soft close cabinets, 6 quality stainless steel appliances and handy beverage centre. Great room features gas fireplace and wall of windows so you can enjoy the view. Easy control remote roller blinds in both great room and the large dining area. Luxurious master bedroom with 'full on' lake view and dream 5 piece en suite bathroom complete with spacious walk-in closet with custom millwork cabinetry. Enjoy Okanagan outdoor living on either your upper deck with optional shaded covered area or open to the warm sunshine, middle deck off the family room or the pool deck. Middle floor features a comfortable family room, 2 large bedrooms, den/office, bar, main bathroom and laundry. High tech security system and camera you can control from your smart phone. Splash, swim and smile in your own 15'6 x 40 in-ground salt water heated pool. The pool is one piece fiberglass with a lifetime warranty with easy maintenance.
Based on 2017 taxes = $4,526
Residential sales in the North Okanagan were up slightly in the week ending April 15th, but the total value of properties sold was almost one million dollars less. Not surprising, then to see the average sale price drop as well. This could be because of the ratio of single family home sales to "the rest of the market" i.e. lots, manufactured homes, townhouses and apartments ( all of which are usually at a lower price than single family homes) being almost equal.
Here is a look at the basic statistics for residential real estate sales:
| Status: Sold (39) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $95,000 | $85,000 | 4 | 1 | 1 | ||
| Max | $1,230,000 | $1,230,000 | 298 | 5 | 4 | 3762 | |
| Avg | $375,538 | $367,408 | 89 | 3 | 2 | 1561 | |
| Sum | $14,645,999 | $14,328,921 | |||||
Criteria:
MLS is 'OMREB'
Major Area is 'North 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 (36) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $126,900 | $121,900 | 8 | 2 | 1 | ||
| Max | $1,188,000 | $1,122,000 | 751 | 5 | 5 | 3959 | |
| Avg | $443,907 | $428,175 | 78 | 3 | 2 | 1831 | |
| Sum | $15,980,649 | $15,414,310 | |||||
| Breakdown of the Sales for the Week | |
| Lots & Acreages | 1 |
| Manufactured Homes | 1 |
| Recreational | 0 |
| Single Family Residential | 21 |
| Strata - Apartments | 9 |
| - Townhouses | 7 |