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North Okanagan Real Estate Report for May 2019
Chris Holm
Whether buying or selling, hundreds of clients in the Armstrong and North Okanagan area have relied on Chris Holm since 2007...
Whether buying or selling, hundreds of clients in the Armstrong and North Okanagan area have relied on Chris Holm since 2007...
May 2019
Based on transactions reported to OMREB May 1st – 31st
Condo/Apartments
Sales | 12 |
New Listings | 21 |
Current Inventory | 66 |
Number of Months | 6 |
Sell/Inv. Ratio | 18.18% |
Days to Sell | 59 |
Days – Range | 7 to 132 |
Average Price | $269,583 |
Median Price | $248,500 |
Price - Range | $104,000 - $700,000 |
Hottest Neighbourhood | City of Vernon |
Condo/Townhouses
Sales | 38 |
New Listings | 60 |
Current Inventory | 161 |
Number of Months | 4 |
Sell/Inv. Ratio | 23.60% |
Days to Sell | 52 |
Days – Range | 4 to 211 |
Average Price | $352,189 |
Median Price | $341,200 |
Price - Range | $159,900 - $670,000 |
Hottest Neighbourhood | Okanagan Landing |
Lots & Acreages
Sales | 12 |
New Listings | 67 |
Current Inventory | 316 |
Number of Months | 26 |
Sell/Inv. Ratio | 3.80% |
Days to Sell | 210 |
Days – Range | 4 to 824 |
Average Price | $335,875 |
Median Price | $305,000 |
Price - Range | $60,000 - $804,000 |
Hottest Neighbourhood | South BX |
Residential Homes
Sales | 104 |
New Listings | 208 |
Current Inventory | 514 |
Number of Months | 5 |
Sell/Inv. Ratio | 20.23% |
Days to Sell | 49 |
Days – Range | 4 to 311 |
Average Price | $515,543 |
Median Price | $489,069 |
Price - Range | $159,000 - $2,975,000 |
Hottest Neighbourhood | Coldstream |
Ratio of Sales vs Inventory 19.60%
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.
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