January North Okanagan Real Estate Report 2024
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The Holm Stretch February 11, 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...

Feb 11 5 minutes read

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



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's Happening Now to February 18, 2022

What Else We Are Talking About


 

 

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

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

New Listings  Just Sold  Active Listings

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

New Listings  Just Sold  Active Listings

3

New Listings

5

Listings Sold

0

Price Up

2

Price Down

Would you like to know more about local real estate?

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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