PLEASE NOTE: Average prices indicate market trending only. They do not reflect actual prices which vary from house to house and area to area. The Median sale price is the midpoint of sales during the month. The Average and Median Sold Prices are for Single Family Homes and do not include Residential Waterfront Properties.

September  2018

Based on information reported  September 1st -  30th

Condo/Apartments

Sales

17

New Listings

24

Current Inventory

78

Number of Months

5

Sell/Inv. Ratio

21.79%

Days to Sell

59

Days – Range

2 to 198

Average Price

$217,869

Median Price

$172,000

Price - Range

$92,000  -  $400,000

Hottest Neighbourhood

Silver Star



Condo/Townhouses

Sales

21

New Listings

45

Current Inventory

143

Number of Months

7

Sell/Inv. Ratio

14.69%

Days to Sell

51

Days – Range

5 to 108

Average Price

$352,210

Median Price

$335,000

Price - Range

$194,000  -  $716,000

Hottest Neighbourhood

Vernon City


Lots & Acreages

Sales

16

New Listings

18

Current Inventory

317

Number of Months

20

Sell/Inv. Ratio

5.05%

Days to Sell

177

Days – Range

25 to 928

Average Price

$370,125

Median Price

$289,000

Price - Range

$75,000  -  $1,345,000

Hottest Neighbourhood

Okanagan Landing


Single Family Residential Homes

Sales

73

New Listings

138

Current Inventory

493

Number of Months

7

Sell/Inv. Ratio

14.81%

Days to Sell

77

Days – Range

4 to 303

Average Price

$522,585

Median Price

$460,000

Price - Range

$190,000-  $1,450,000

Hottest Neighbourhood

East Hill


Ratio of Sales vs Inventory                 14.19%