The Holm Stretch February 11, 2022
Hello!
Thank you to local artist Jennifer Greenwood for permission to use her work in our post this week. To learn more about Jennifer - click on the image below.
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, Diane, Grace, Chandler & Brell
In North Okanagan Real Estate
As of the morning of Friday, February 11, 2022, there are 377 properties showing as active listings in the North Okanagan. Last Friday there were 359 properties active.
Sales ranged from $150,000. to $1,550,000. and on average properties were active for 49 days before posting as sold.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$150,000
Low Sale
60
New Listings
$1,550,000
High Sale
42
Listings Sold
Coming Soon
3405 Mill Street, Armstrong, BC Home For Sale
We are working to bring this Armstrong BC Home to the market For Sale Soon. ...
In Case You Missed It
What's Happening Locally?
This week, Statistics Canada released its first round of information from the 2021 Census, providing details on community population and dwellings. The report shows a significant amount of growth happened in Vernon over the last five years.
“There is a lot of talk about the growth and development across Vernon,” said Mayor Victor Cumming. “With yesterday’s announcement, we now have more data to quantify those observations. Over the last five years, our population has grown by more than 4,400 new people – an 11% increase since 2016.”
Statistics Canada reports that the City of Vernon’s population is now 44,519, which includes the largest gross population increase within the North Okanagan Census Division. To accommodate these new residents, 2,117 new dwellings were added to the 2016 housing inventory of 19,776, matching the population growth rate of 11%.
“We have seen an average of 430 new residential unit permits approved through our Building Department in the last five years,” said Mayor Cumming. “It speaks highly for our local economy and shows that Vernon has many things to offer as an exceptional place to live, work, explore and play.”
Regionally, the North Okanagan Census Division grew by 9% (7,266 individuals) since 2016, with a total population of 91,610 who live within 42,722 dwellings.
“We’re looking forward to seeing the next Census data release in April to gain a deeper understanding of our community’s residents,” said Mayor Cumming.
The next release of 2021 Census data is scheduled for April, and will provide population information including population ages, gender, and details on the types of dwellings within Vernon.
ON THE ART SCENE
Seed by Seed art show at Gallery Vertigo Feb. 1-26. Click to learn more about the Sunflower Project
Winter Carnival & More
What Else We Are Talking About
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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.
1
New Listings
3
Listings Sold
0
Price Up
0
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
46
New Listings
33
Listings Sold
0
Price Up
5
Price Down
Coldstream BC Real Estate Recap
A look Coldstream market activity over the last 7 days
3
New Listings
5
Listings Sold
0
Price Up
2
Price Down