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Shuswap Residential Real Estate Report January 2018
Based on sales reported by REALTORS® January 1st - 31st
Condo/Apartments
| Sales | 4 |
| New Listings | 6 |
| Current Inventory | 30 |
| Number of Months | 8 |
| Sell/Inv. Ratio | 13.33% |
| Days to Sell | 204 |
| Days – Range | 14 to 714 |
| Average Price | $231,100 |
| Median Price | $227,450 |
| Price - Range | $139,500 - $330,000 |
| Hottest Neighbourhood | South West Salmon Arm |
Condo/Townhouses
| Sales | 1 |
| New Listings | 4 |
| Current Inventory | 26 |
| Number of Months | 26 |
| Sell/Inv. Ratio | 3.85% |
| Days to Sell | 343 |
| Days – Range | 343 to 343 |
| Average Price | $499,000 |
| Median Price | $499,000 |
| Price - Range | $499,000 - $499,000 |
| Hottest Neighbourhood | North East Salmon Arm |
Lots & Acreages
| Sales | 16 |
| New Listings | 17 |
| Current Inventory | 251 |
| Number of Months | 16 |
| Sell/Inv. Ratio | 6.37% |
| Days to Sell | 193 |
| Days – Range | 42 to 720 |
| Average Price | $134,414 |
| Median Price | $136,000 |
| Price - Range | $11,500 - $305,700 |
| Hottest Neighbourhood | Revelstoke |
Residential Single Family Homes
| Sales | 28 |
| New Listings | 37 |
| Current Inventory | 146 |
| Number of Months | 5 |
| Sell/Inv. Ratio | 19.18% |
| Days to Sell | 85 |
| Days – Range | 14 to 262 |
| Average Price | $453,325 |
| Median Price | $432,000 |
| Price - Range | $190,000 - $1,190,000 |
| Hottest Neighbourhood | North East Salmon Arm |
Ratio of Sales vs Inventory 13.69%
DISCLAIMER: Monthly Sales statistics are based on the sales reported by real estate offices on or before the last day of the month. Sales not reported by month end and collapsed sales are reflected in the subsequent month’s statistics.