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North Okanagan Real Estate Report - July 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

Big drop in the average sale price from last week! So even though the number of sales reported was the same at 45, the combined sales volume fell back to below $20 Million.

Weekly Top Property -        #5 9750 Delcliffe Road, Vernon, V1H 1L5 

This house has a 3,229 finished floor area, and was built in 1984.   5 bedrooms and 4 baths on a 0.192 acre lot.  Listed on the market for $1,680,000.  It sold in 122 days, for $1,600,000

      
Marketed as:      

ULTIMATE WATERFRONT RETREAT!  Mature evergreens and a majestic rock scape are the perfect setting for this exclusive, ultra-private, safe gated neighbourhood! Enjoy the 270 degree west facing views over Okanagan Lake from Ellison Park to Vernon on the large entertainment sized deck. 107 ft of Private waterfront with LICENSED DOCK. The relaxed feel of this breezy, open design is enhanced by vaulted cedar ceilings, floor to ceiling wood burning fireplace, clerestory windows and in-floor heating! Family and guest friendly with 5 generous bedrooms and 3 1/2 baths! Family room features full wet bar and opens to the lower level covered deck. Double garage and lots of parking!

Based on 2017 taxes = $5,829

Here is a look at the basic statistics for residential real estate sales:

Status: Sold (45)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$94,400
$89,000
4
1
1

Max
$1,680,000
$1,600,000
173
6
4
5055
Avg
$425,406
$413,204
52
3
2
1762
Sum
$19,143,288
$18,594,188





Criteria: 



MLS is 'OMREB'
Major Area is 'North Okanagan'
Sold Date is 7/9/2018 to 7/15/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'
 
 

Compared to last week

Status: Sold (45)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$84,900
$75,000
11

1

Max
$7,995,000
$7,100,000
484
5
4
3930
Avg
$617,231
$589,826
74
3
2
1728
Sum
$27,775,399
$26,542,150




  

Breakdown of the Sales for the Week
Lots & Acreages

1

Manufactured Homes

1

Recreational

0

Single Family Residential

25

Strata - Apartments

5

            - Townhouses

13

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