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North Okanagan Home Market Update January 10, 2023

Chris Holm & Associates

We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan.  We are a true real estate co...

We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan.  We are a true real estate co...

Jan 10 3 minutes read

Homes  in the North Okanagan

Chris and Chandler have the details you want to know on North Okanagan Home Sales January 1-8, 2023. 

The information provided relates to Single Family Homes only.


What happened in North Okanagan Home Sales January 1 - 8, 2023

 

This information relates to the sale of Single Family homes only. 

Four homes sold January 1 to January 8 in the North Okanagan. 1 at SilverStar 2 in Enderby and 1 in Armstrong. These homes averaged 37 days on the market with a sale price of just over $690,000.

 No properties sold at or above asking, and on average, almost $23,000 was negotiated off of the list price. 

The number of homes currently listed is 194, there is no change from last week. 

What does that mean?

For Sellers - Consider how you can help your home stand out and position it to be more attractive than its competitors. Are you in a position to offer a partial Vendor take-back mortgage, or maybe your lender will allow a buyer to assume your mortgage? These possibilities could be just what is needed to make your property more attractive to a buyer. 

For Buyers - If you are planning to buy a home, this is not the time to be changing jobs or making any big purchases. Stay calm and watch for opportunities. We hope you are enjoying these market updates. If you have any questions about the market or local real estate, please reach out. We are here to help. 🕺🏻 If you enjoyed this real estate market information, please hit the like 👍🏼 button and subscribe to our channel! 

WHO WE ARE: Chris Holm & Associates are a dynamic team of real estate professionals at RE/MAX Vernon, BC. With 4 REALTORS® and a talented team of administration and marketing professionals!  What we love most about the Okanagan is the lifestyle this beautiful region offers, and we are passionate about showcasing the beautiful outdoors whenever we get the chance. On our channel you'll find real estate home tours, stunning views of the Okanagan Valley, home-buying tips, Community Spotlight features, and more! 


WHAT HAPPENED PREVIOUSLY?


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