North Okanagan Real Estate Report for April 2019
Based on information reported by REALTORS® to OMREB April 1st – 30th, 2019
Condo/Apartments
Sales | 16 |
New Listings | 18 |
Current Inventory | 62 |
Number of Months | 4 |
Sell/Inv. Ratio | 25.81% |
Days to Sell | 61 |
Days – Range | 8 to 221 |
Average Price | $239,144 |
Median Price | $221,450 |
Price - Range | $136,000 - $376,000 |
Hottest Neighbourhood | City of Vernon |
Condo/Townhouses
Sales | 37 |
New Listings | 70 |
Current Inventory | 161 |
Number of Months | 4 |
Sell/Inv. Ratio | 22.98% |
Days to Sell | 66 |
Days – Range | 5 to 193 |
Average Price | $344,237 |
Median Price | $348,000 |
Price - Range | $153,900 - $555,000 |
Hottest Neighbourhood | Okanagan Landing |
Lots & Acreages
Sales | 8 |
New Listings | 40 |
Current Inventory | 276 |
Number of Months | 35 |
Sell/Inv. Ratio | 2.90% |
Days to Sell | 233 |
Days – Range | 99 to 360 |
Average Price | $231,563 |
Median Price | $216,563 |
Price - Range | $155,000 - $385,000 |
Hottest Neighbourhood | Armstrong/Spall |
Single Family Homes
Sales | 102 |
New Listings | 190 |
Current Inventory | 447 |
Number of Months | 4 |
Sell/Inv. Ratio | 22.82% |
Days to Sell | 57 |
Days – Range | 2 to 355 |
Average Price | $533,300 |
Median Price | $503,500 |
Price - Range | $187,000- $4,400,000 |
Hottest Neighbourhood | Armstrong/Spall |
Ratio of Sales vs Inventory 21.25%
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.