The Holm Stretch April 29, 2022
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...
So long, April!
It's been an interesting month in North Okanagan real estate. Finally, we have broken the number 500 barrier in inventory for sale. That number takes in the areas from Enderby -Grindrod to Predator Ridge, and from Falkland to Cherryville. It also encompasses all residential property types. (Homes, Homes on Acreage, Townhomes, Apartments, and land) When the month is done - we expect to see just shy of 250 properties sold in total - so slightly less than half of the properties are selling in a month.
A couple of significant things to note in the last 7 days locally is the very low Average Days to Sell - at 18!! and the number of price reductions (40 sellers lowered their asking price over the week.)
Check out the Community News and local North Okanagan, Vernon, Armstrong, and Coldstream real estate updates below.
Stay safe and talk soon
Chris, Patric, Julie, Chandler & Brell
In North Okanagan Real Estate
As of the morning of Friday, April 29, 2022, there are 550 properties showing as active listings in the North Okanagan. Last Friday there were 514 properties active.
Sales ranged from $135,000. to $2,225,000. and on average properties were active for 18 days before posting as sold.
30 sales took 14 days or less to firm up. (Almost 1/2)
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$135,000
Low Sale
93
New Listings
$2,225,000
High Sale
62
Listings Sold
Coming Soon
In the Pipeline:
We are working on six properties in the North Okanagan, primarily in Armstrong, but also in Vernon and Salmon Arm to get the marketing assets in place to bring to the MLS® next week
Stay tuned!
Just Listed
3375 Coldicott Drive, Armstrong BC
5 bedroom 3.5 bath home for sale in Armstrong, BC North Okanagan real estate. Learn more!...
Just Sold
2955 Phillips Street Armstrong, BC
2 Bedroom 1 bath home for sale in Armstrong, BC See virtual tour, info and floor plans...
2255 Rosedale Avenue, Armstrong, BC
Explore this 2 bedroom 1 bath home for sale in downtown Armstrong, BC...
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Weekly Real Estate Report
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
7
New Listings
5
Listings Sold
0
Price Up
3
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
57
New Listings
36
Listings Sold
1
Price Up
23
Price Down
Coldstream BC Real Estate Recap
A look Coldstream market activity over the last 7 days
6
New Listings
4
Listings Sold
0
Price Up
5
Price Down
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