Shuswap Real Estate Market May 2018
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.
Based information reported May 1st - 31st
Condo/Apartments
Sales | 10 |
New Listings | 10 |
Current Inventory | 35 |
Number of Months | 4 |
Sell/Inv. Ratio | 28.57% |
Days to Sell | 56 |
Days – Range | 4 to 302 |
Average Price | $250,790 |
Median Price | $234,000 |
Price - Range | $147,500 - $365,000 |
Hottest Neighbourhood | South East Salmon Arm |
Condo/Townhouses
Sales | 13 |
New Listings | 15 |
Current Inventory | 51 |
Number of Months | 4 |
Sell/Inv. Ratio | 25.49% |
Days to Sell | 74 |
Days – Range | 15 to 288 |
Average Price | $377,034 |
Median Price | $345,547 |
Price - Range | $225,000 - $730,000 |
Hottest Neighbourhood | Sicamous |
Lots & Acreages
Sales | 20 |
New Listings | 71 |
Current Inventory | 362 |
Number of Months | 18 |
Sell/Inv. Ratio | 5.52% |
Days to Sell | 131 |
Days – Range | 3 to 402 |
Average Price | $177,125 |
Median Price | $137,000 |
Price - Range | $32,000 - $550,000 |
Hottest Neighbourhood | Revelstoke |
Residential Single Family Homes
Sales | 54 |
New Listings | 144 |
Current Inventory | 315 |
Number of Months | 6 |
Sell/Inv. Ratio | 17.14% |
Days to Sell | 67 |
Days – Range | 2 to 527 |
Average Price | $430,657 |
Median Price | $408,500 |
Price - Range | $110,900 - $1,092,500 |
Hottest Neighbourhood | Sicamous |
Ratio of Sales vs Inventory 15.37%