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Shuswap Residential Real Estate Report - November 2017
Shuswap – Monthly Statistics
November 2017
Top sale in the Shuswap Revelstoke zone for November was this 4 bedroom, 4 bath, lakeshore home in Sicamous-Mara. Built in 1984 and first brought to the MLS® in 2016 for $3,299,000, the property was re-introduced at $2,349,000 this spring. It sold for $2,050,000 after 218 days on the market.
679 Swanbeach Road, Sicamous, V0E 2K0
Marketed as:
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Based on November 1st - 30th
Condo/Apartments
| Sales | 6 |
| New Listings | 4 |
| Current Inventory | 28 |
| Number of Months | 5 |
| Sell/Inv. Ratio | 21.43% |
| Days to Sell | 114 |
| Days – Range | 14 to 296 |
| Average Price | $251,317 |
| Median Price | $189,950 |
| Price - Range | $165,000 - $511,000 |
| Hottest Neighbourhood | Revelstoke |
Condo/Townhouses
| Sales | 7 |
| New Listings | 7 |
| Current Inventory | 30 |
| Number of Months | 4 |
| Sell/Inv. Ratio | 23.33% |
| Days to Sell | 67 |
| Days – Range | 16 to 267 |
| Average Price | $308,843 |
| Median Price | $249,900 |
| Price - Range | $145,000 - $599,000 |
| Hottest Neighbourhood | North East Salmon Arm |
Lots & Acreages
| Sales | 12 |
| New Listings | 24 |
| Current Inventory | 303 |
| Number of Months | 25 |
| Sell/Inv. Ratio | 3.96% |
| Days to Sell | 412 |
| Days – Range | 10 to 1,912 |
| Average Price | $320,683 |
| Median Price | $147,450 |
| Price - Range | $15,800 - $2,450,000 |
| Hottest Neighbourhood | North Shuswap |
Time frame is from Jan 2016 to Dec 2017
Property Type is 'Single Family Residential'
MLS is 'OMREB'
Major Area is 'Shuswap / Revelstoke'
Residential
| Sales | 34 |
| New Listings | 36 |
| Current Inventory | 160 |
| Number of Months | 5 |
| Sell/Inv. Ratio | 21.25% |
| Days to Sell | 1,109 |
| Days – Range | 9 to 32,896 |
| Average Price | $496,157 |
| Median Price | $327,500 |
| Price - Range | $180,000 - $2,050,000 |
| Hottest Neighbourhood | Revelstoke |
Ratio of Sales vs Inventory 18.85%