September North Okanagan Real Estate Report 2024
Learn More
Do you want content like this delivered to your inbox?
Share
Share

Shuswap Residential Real Estate Report March, 2018

This month we've added a new feature - a look at our favourite key performance indicator - the "Absorption Rate."  displayed below as "Months of Inventory" - the time it would take to sell out all active listings based on the demand at the time.

Based on March 1st -  31st

Condo/Apartments

Sales

6

New Listings

11

Current Inventory

36

Number of Months

6

Sell/Inv. Ratio

16.67%

Days to Sell

111

Days – Range

19 to 301

Average Price

$265,717

Median Price

$226,400

Price - Range

$188,000  -  $515,000 

Hottest Neighbourhood

South East Salmon Arm


Condo/Townhouses

Sales

6

New Listings

19

Current Inventory

44

Number of Months

7

Sell/Inv. Ratio

 11.36%

Days to Sell

80

Days – Range

17 to 215

Average Price

$340,200

Median Price

$330,000

Price - Range

$250,000  -  $425,000

Hottest Neighbourhood

North Shuswap


Lots & Acreages

Sales

16

New Listings

41

Current Inventory

273

Number of Months

17

Sell/Inv. Ratio

5.86%

Days to Sell

356

Days – Range

11 to 2,032

Average Price

$105,527

Median Price

$121,000

Price - Range

$19,900  -  $210,000

Hottest Neighbourhood

North Shuswap


Residential Homes

Sales

34

New Listings

76

Current Inventory

196

Number of Months

6

Sell/Inv. Ratio

17.35%

Days to Sell

99

Days – Range

8 to 459

Average Price

$539,705

Median Price

$421,475

Price - Range

$168,889  -  $1,415,000

Hottest Neighbourhood

South East Salmon Arm


Ratio of Sales vs Inventory                 13.77%

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info

Terms of Use

This website is operated by Chris Holm Associates/Chris Holm, REALTOR®, a Salesperson who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Chris Holm Associates/Chris Holm, REALTOR®, and CREA.

Copyright

The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer

The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments

Chris Holm Associates/Chris Holm, REALTOR® may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.