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December 2019 Residential Market

2019 is a wrap - and real estate kept moving right up to the end! In the month of December over 15% of the available properties overall moved to SOLD status.  Check out the various sectors below.

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North Okanagan Real Estate Report for December 2019

Brenda Ellis

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Jan 1 2 minutes read

North Okanagan – Monthly Statistics

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.

Based on information reported by REALTORS® and real estate offices to the Okanagan Mainline Real Estate Board between December 1st – 31st, 2019


Condo/Apartments

Sales

12

New Listings

14

Current Inventory

61

Number of Months

5

Sell/Inv. Ratio

19.67%

Days to Sell

80

Days – Range

9  to 238

Average Price

$222,333

Median Price

$207,500

Price - Range

$130,000  -  $348,000

Hottest Neighbourhood

Vernon City


Condo/Townhouses

Sales

17

New Listings

14

Current Inventory

104

Number of Months

6

Sell/Inv. Ratio

16.35%

Days to Sell

83

Days – Range

14 to 309

Average Price

$344,221

Median Price

$362,500

Price - Range

$215,000 - $452,000

Hottest Neighbourhood 

East Hill


Lots & Acreages

Sales

11

New Listings

11

Current Inventory

231

Number of Months

21

Sell/Inv. Ratio

4.76%

Days to Sell

221

Days – Range

78 to 584

Average Price

$309,332

Median Price

$239,000

Price - Range

$130,000  -  $910,000

Hottest Neighbourhood 

Enderby/Grindrod


Residential – Single Family Homes 

Sales

52

New Listings

36

Current Inventory

293

Number of Months

6

Sell/Inv. Ratio

17.75%

Days to Sell

82

Days – Range

9 to 568

Average Price

$479,227

Median Price

$464,250

Price - Range

$168,500 - $1,910,000

Hottest Neighbourhood 

East Hill


Ratio of Sales vs Inventory                 15.33%


If you are thinking of making a move - we are here with all the latest information to help you make decisions that are right for you!


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