The full moon rises over Kalamalka Lake as the lake lets off some steam. The recent snowy weather has left the shoreline coated with a thick layer of the powdery white stuff. I had to take my shot quickly as the cold temperatures made gloveless camera work really difficult. Happy New Year everyone! Here's to an amazing year in 2018! 

Thanks to Peter Solymosi for the use of this awesome image!

Okanagan Shuswap – Residential Property Sales Report


Here are the basic statistics.  For some perspective, perhaps keep in mind that for the same time period in 2011 there were 23 properties sold in total, ranging from $120,000 to $1,275,000. The average sale price was $366,709 and the average days to sell was 135


Okanagan Shuswap Properties for Sales (152)

Status: Sold (53)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$59,900
$55,000
8

1

Max
$2,116,000
$2,116,000
263
10
12
5200
Avg
$513,560
$500,164
66
3
3
1842
Sum
$27,218,680
$26,508,700








Criteria:

MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 12/25/2017 to 12/31/2017
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Status: Sold (147)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$42,900
$40,577
2



Max
$2,349,000
$2,290,000
998
8
5
5000
Avg
$520,980
$505,211
70
3
3
1732
Sum
$76,584,067
$74,266,072





Here is a look at the what similar dollars buy across the region.

Central Okanagan –       #401 9563 Jensen Road, Lake Country, V4V 1S6

The year was 2017, when this townhouse was built.  It comes with 3 washrooms and 3 bedrooms, and has a 1,559 finished floor area.  The townhouse was offered at $499,900.  In only 28 days, it was sold for $495,000.

Marketed As:

Beautiful town home.  3 Bedrooms plus den town home - 2 car garage, Stainless steel appliances, gas range, quartz counter tops, wood floors & tile flooring, gas fireplace, MAIN FLOOR MASTER BEDROOM -(ensuite with 2 SINKS and heated flooring ) & walk-in closet.  RENTALS ALLOWED! Two dogs or two cats, or one dog and one cat welcome- NO height or weight restrictions!



North Okanagan –          #13 83 Peregrine Way, Vernon, V1H 1E9

The year was 1992, when this townhouse was built.  It comes with 2 washrooms and 3 bedrooms, and has a 1,925 finished floor area.  The townhouse was offered at $439,900.  In only 29 days, it was sold for $430,000.


Marketed as:

Perched directly over the shoreline of Okanagan Lake, you'll enjoy spectacular panoramic Lake and Mountain views from this 3 bed/2 bath upscale townhome! The main level is split, allowing for unobstructed views from entire open living space, and 2 covered decks. As for storage, this home has you covered - with a large unfinished crawlspace that slopes up from a height of 6.5'-5' and a single car detached garage.  


Shuswap –           1246 Ortona Road, Sorrento, V0E 2W1

 
Marketed as:
 
Beautiful 3bd/2ba home on 3 levels.  Finished with superior craftsmanship, the main floor features open concept dining room, living room, and kitchen with full views of the mountains and lake thru the bank of windows along the front. Relax, enjoy the sunshine while soaking in the super size hot tub on the full-length deck. Greet the morning, and take in the million dollar view, while sipping your coffee on the private upper floor balcony off the master bedroom! 5-piece m/bath features dbl sinks, and a huge personal jacuzzi. The engineer-designed heating/cooling system uses large ceiling fans to draw heat or cold from the lower level up the air funnels of the stairways all the way to the top floor. The gas stove (basement) and gas fireplace (main level) supply heat, backed up by flush-mounted electric fans. Extra large dbl garage with work bench has its own pellet stove. Central vac, double ranges, kitchen island, Hot water on demand, cool room, Xtra storage!


The year was 1974, when this house was built.  It comes with 2 washrooms and 3 bedrooms, and has a 2,900 finished floor area.  The house was offered at $429,000.  In 129 days, it was sold for $390,000.

Breakdown of the Sales for the Week
Lots & Acreages

2

Manufactured Homes

1

Recreational

0

Single Family Residential

28

Strata - Apartments

14

           - Townhouses

8

Meta Keywords:        Okanagan Shuswap Real Estate Report

Blog Tags:                December, 2017, January, 2018, this week in Okanagan Shuswap