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Okanagan Shuswap – Residential Property Sales May 20, 2018

Residential sales reported across the Okanagan Shuswap Real Estate region broke the 200 mark - up from the week prior - and the combined sales volume was over $114 Million dollars.

Here is a look at the basic statistics from across the region.
Okanagan Shuswap Properties SOLD (213)

Status: Sold (213)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$32,000
$32,000
7

1

Max
$3,998,000
$3,849,000
455
7
6
7237
Avg
$551,564
$538,165
61
3
3
1819
Sum
$117,483,083
$114,629,107





Criteria:





MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 5/14/2018 to 5/20/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'


Compared to last week

Status: Sold (191)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$69,900
$65,500
1

1

Max
$2,395,000
$2,110,000
500
6
6
6688
Avg
$491,366
$477,572
61
3
2
1614
Sum
$93,850,822
$91,216,182




Our price point looks at properties sold over $500,000 – and includes an apartment, a large lakeview building lot and a townhouse as we look across the three zones.

Central Okanagan -     #404 1933 Ambrosi Road, Kelowna, V1Y 4S1

Built in 2009, this apartment has a 1,396 finished floor area with 2 bedrooms, and 2 baths.  The listed price was $549,000.  It sold in 61 days for $534,000.

            Marketed as:

Upscale...Uptown...Urban Chic! Visually captivating "show piece"! TOP FLOOR...Virtual "wall of glass" & FIFTEEN FT CEILING affords amazing natural light & preferred WEST exposure! ...Expansive Decking...Lots of GRANITE & GLITZ! CORNER setting OFFSET for Maximum PRIVACY!


North Okanagan -     8852 Somerset Place, Vernon, V1H 1E2

This vacant acre lot, was for sale at the price of $549,000.  In 87 days, it was purchased for the price of $535,000.

Marketed as:

Luxury waterfront 1.50 acreage! This acreage is ready to be built on the front site on a high bluff that has already been leveled. Sitting in a private and secured subdivision Somerset Place with newly installed gate that helps prevents un-allowed traffic.  Also enjoy the many hiking trails and 180 degree lake views from your new dream home! All Utilities are available.

Shuswap –           #14 700 Center Street, Revelstoke, V0E 2S0

Built in 2017, this townhouse has a 2,103 finished floor area with 4 bedrooms, and 3 baths.  The listed price was $529,000.  It sold in 196 days for $501,000.
 

Marketed as:

Brand new townhome now available! Featuring over 2000 square feet of living space, this 4 bedroom and 3 bathroom home offers great living space and comfort. These homes were created for those that appreciate quality craftsmanship & that low maintenance that ensures a carefree lifestyle. These spacious and luxury homes feature granite kitchen & bathroom counters, slate tile & solid laminate flooring, high efficient stainless steel appliances, in floor heat throughout, hardie plank siding, and so much more.

Breakdown of the Sales for the Week
Lots & Acreages

18

Manufactured Homes

10

Recreational

0

Single Family Residential

121

Strata - Apartments

35

           - Townhouses

29



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