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Shuswap Real Estate April 2018 Overview

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 2 minutes read


Top sale in the Shuswap in April 2018 was this home, built in 1910 with 5 bedrooms and a total of four baths in its 3330 square feet of finished floor area.

Marketed as: Character galore in the heart of downtown Revelstoke. Rare 99’100’ Corner Lot, 2.5 story, Legal Triplex. Well maintained, substantially updated in the late 1990's. Each suite bathed in light with southern exposure. All are unique & fully equipped including D/W & W/D. Bright and welcoming open spaces everywhere with the warmth and richness that comes with a home built around the turn of the century. Fully fenced yard. Zoned R4. Fourth 25’x100’ lot exists as green space and has potential for garage/suite development. Lots of storage and great parking on the north corner.

Based on April 1st -  30th

Condo/Apartments

Sales

6

New Listings

10

Current Inventory

37

Number of Months

6

Sell/Inv. Ratio

16.22%

Days to Sell

400

Days – Range

19 to 1,144

Average Price

$322,400

Median Price

$304,950

Price - Range

$212,500  -  $436,000 

Hottest Neighbourhood

Revelstoke


Condo/Townhouses

Sales

14

New Listings

22

Current Inventory

52

Number of Months

4

Sell/Inv. Ratio

 26.92%

Days to Sell

63

Days – Range

6 to 298

Average Price

$319,057

Median Price

$303,000

Price - Range

$171,000  -  $520,000

Hottest Neighbourhood

South East Salmon Arm


Lots & Acreages

Sales

13

New Listings

68

Current Inventory

318

Number of Months

24

Sell/Inv. Ratio

4.09%

Days to Sell

104

Days – Range

1 to 355

Average Price

$127,531

Median Price

$140,000

Price - Range

$16,300  -  $239,900

Hottest Neighbourhood

Eagle Bay


Residential Homes

Sales

50

New Listings

104

Current Inventory

241

Number of Months

5

Sell/Inv. Ratio

20.75%

Days to Sell

76

Days – Range

2 to 527

Average Price

$441,844

Median Price

$420,500

Price - Range

$135,000  -  $825,000

Hottest Neighbourhood

North East Salmon Arm


Ratio of Sales vs Inventory                 15.51%


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