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The HOLM Stretch | April 14, 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...

Apr 14 5 minutes read

Thanks for joining us!

IT's Mid Month - and this edition is ALL about the STATS!

 

In addition, we wanted to share this, just in from the  City Of Vernon 

Notification of low-level flying over Vernon and the Regional District of North Okanagan

April 13, 2023

The following information has been provided by Talon Helicopters Ltd.

Talon Helicopters with LaSen Inc. is planning to perform low-level flyovers for FortisBC between May 1 and June 15, 2023, during daylight hours, as authorized by Transport Canada.

This work is part of FortisBC’s annual inspection of its high-pressure transmission natural gas lines and is an important part of FortisBC's integrity management program. The low-flying helicopter uses LaSen’s aerial LiDAR detection technology to inspect the pipelines. This technology is used to detect any issues to ensure FortisBC’s system continues to operate safely, reliably and to plan maintenance activities accordingly.

The Regional District of North Okanagan is one of 23 regional districts in BC that Talon Helicopters will pass through during this time – the flight time over a single area will be minimal. There will be no activity on the ground related to flights. The flight schedule may vary depending on weather conditions and wildfires.

The areas to be inspected include:

  1. City of Armstrong
  2. City of Enderby
  3. City of Vernon
  4. Deep Creek
  5. District of Coldstream
  6. Lavington
  7. Township of Spallumcheen
  8. Village of Lumby

For more information on this inspection work, call 1-888-224-2710 or visit fortisbc.com/communityupgrades or Talon Helicopters at 604-214-3585.

Scroll down for our regular features.

Talk soon,

Chris, Patric, Julie, Jasmine, Kristie & Brell

In North Okanagan Real Estate

As of the morning of Friday, April 14 , there are 838 properties  showing as active listings here in North Okanagan. On April 7,  there were 835 properties active.

Sales ranged from $207,000 to $2,750,000 and on average properties were active for 59 days before posting as sold. 

22 prices were reduced over the last week.

Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.

$185,000.

Low Sale

52

New Listings

$1,665,00.

High Sale

40

Listings Sold

ICYMI...

WHAT'S HAPPENING?


       

What's Happening Now to April 21, 2022


WHAT ELSE WE ARE TALKING ABOUT


 

PROVINCIALLY SPEAKING:

BC Markets Showing Signs of Recovery As Supply Remains Scarce


Vancouver, BC – April 13, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 7,118 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in March 2023, a decrease of 38.3 per cent from March 2022. The average MLS® residential price in BC was 961,451 down 11.6 per cent compared to the average price of close to $1.1 million in March 2022, recorded near the market's peak. The total sales dollar volume was $6.8 billion, representing a 45.5 per cent decrease from the same time last year.
“The BC housing market is currently characterized by slow sales but also still very low levels of listings,” said BCREA Chief Economist Brendon Ogmundson. “Consequently, even though home sales remain about 20 per cent below normal levels for this time of year, the average home price in BC has now risen two months in a row, reaching its highest level since May 2022 as markets tighten due to a lack of supply.”
 
Active listings in the province are up 25 per cent compared to this time last year but have fallen for the second straight month in the wake of a modest recovery in home sales and continued weak new listings activity.
 

WEEKLY REAL ESTATE REPORT


Armstrong BC Real Estate Recap

A look at Armstrong Spallumcheen Market Activity for the last 7 days.

New Listings  Just Sold  Active Listings

4

New Listings

4

Listings Sold

0

Price Up

2

Price Down

Vernon BC Real Estate Recap

A look at the Vernon market activity in the  last 7 days

New Listings  Just Sold  Active Listings

37

New Listings

24

Listings Sold

0

Price Up

11

Price Down

Coldstream BC Real Estate Recap

A look at Coldstream market activity over the  last 7 days

New Listings  Just Sold  Active Listings

3

New Listings

6

Listings Sold

0

Price Up

3

Price Down


Whether a purchase or sale is in the future (near or far) or you just want to know what's going in real estate anywhere in the Okanagan Shuswap, we'd love to hear from you.

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