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North Okanagan Real Estate Report - July 30, 2018
Number of property sales reported increased this week, as did the average sale price ( $523,353.) and the subsequently - the total sales volume = over $30 million.
Weekly Top Property - 8349 Okanagan Landing Road, Vernon, V1H 1J5
. This 2 story house has 5,462 of finished floor area, and was built in 1992. 4 bedrooms and 6 baths, on a 0.35 acre waterfront lot. Listed on the market for $2,900,000. It sold in 224 days, for $2,390,000.
Marketed as:
Available fully-furnished and outfitted with an incredible amount of extras and amenities. Inside, an open-concept awaits on the main floor with a handsome corner gas fireplace in the living room, accented by a neighbouring bar that is perfect for entertaining. Nearby, a spectacular gourmet kitchen contains medium wood cabinetry, granite cabinetry, stainless steel, and more. An expansive deck from this floor is prepared for endless al fresco dining. All bedrooms are located on the upper level, with a master bedroom taking center stage with a walk-in closet, ensuite bathroom with heated flooring, rain shower, and private access to the upper deck. Three additional bedrooms each contain a private ensuite bathroom. Below the main floor, a massive family room awaits for hours of lakeside enjoyment on the large 100 foot of waterfront. Outside, a large dock with boat and Seadoo lift area ideal for the included boats and Seadoos.
Based on 2017 taxes = $10,427
Here is a look at the basic statistics for residential real estate sales:
| Status: Sold (60) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $69,900 | $69,900 | 11 | 1 | 1 | ||
| Max | $2,690,000 | $2,390,000 | 298 | 7 | 6 | 5462 | |
| Avg | $542,770 | $523,353 | 77 | 3 | 3 | 1878 | |
| Sum | $32,566,195 | $31,401,171 | |||||
Criteria:
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Compared to last week
| Status: Sold (48) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $69,000 | $65,000 | 2 | 1 | |||
| Max | $989,000 | $994,000 | 298 | 5 | 5 | 3257 | |
| Avg | $402,171 | $394,078 | 60 | 3 | 2 | 1514 | |
| Sum | $19,304,200 | $18,915,750 | |||||
| Breakdown of the Sales for the Week | |
| Lots & Acreages | 4 |
| Manufactured Homes | 1 |
| Recreational | 1 |
| Single Family Residential | 42 |
| Strata - Apartments | 4 |
| - Townhouses | 8 |