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North Okanagan Real Estate Report - January, 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 2 minutes read

Based on sales reported by REALTORS® January 1st -  31st

Condo/Apartments

Sales

13

New Listings

19

Current Inventory

58

Number of Months

4

Sell/Inv. Ratio

22.41%

Days to Sell

95

Days – Range

11 to 283

Average Price

$227,269

Median Price

$162,500

Price - Range

$102,000  -  $790,000

Hottest Neighbourhood

Vernon City


Condo/Townhouses

Sales

20

New Listings

30

Current Inventory

71

Number of Months

4

Sell/Inv. Ratio

28.17%

Days to Sell

54

Days – Range

11 to 127

Average Price

$295,315

Median Price

$284,500

Price - Range

$137,000  -  $590,000

Hottest Neighbourhood    

Harwood


Lots & Acreages

Sales

11

New Listings

21

Current Inventory

278

Number of Months

21

Sell/Inv. Ratio

3.96%

Days to Sell

173

Days – Range

39 to 514

Average Price

$172,718

Median Price

$137,500

Price - Range

$54,000  -  $386,500

Hottest Neighbourhood    

Armstrong/Spall


Residential Single Family Homes

Sales

42

New Listings

86

Current Inventory

234

Number of Months

6

Sell/Inv. Ratio

17.95%

Days to Sell

84

Days – Range

3 to 498

Average Price

$591,959

Median Price

$520,500

Price - Range

$150,000  -  $3,588,000

Hottest Neighbourhood    

Coldstream


Ratio of Sales vs Inventory                 17.03%

DISCLAIMER: Monthly Sales statistics are based on the sales reported by real estate offices on or before the last day of the month. Sales not reported by month end and collapsed sales are reflected in the subsequent month’s statistics.

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