The HOLM Stretch | February 16th, 2024
It seems Spring may be arriving early in terms of real estate activity along with the warmer temperatures!
A total of 603 residential unit sales were recorded across the Association region in January coming in above December’s 528 units sold and representing a 5.6% increase in sales compared to January 2023. We have all the details for the North Okanagan in our latest Market Update (Read on)
Scroll down to check out what's happening in real estate and our local communities as well as our regular features.
Talk soon,
Chris, Patric, Julie, Jasmine, Kristie & Brell
In North Okanagan Real Estate
As of the morning of Friday, February 16th, there are 596 properties showing as active listings here in North Okanagan. On February 9th, there were 562 properties active.
Sales ranged from $251,000. to $2,770,000. Days to sell ranged from 5 to 179. 7 listings expired, 2 were cancelled.
20 prices were reduced over the last week, 1 increased.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$251,000.
Low Sale
64
New Listings
$2,770,000.
High Sale
23
Listings Sold
JUST LISTED
Vernon BC Real Estate | 4540 Cascade Drive
This East Hill Vernon BC home must be seen! It is large, spacious and has room for all you...
PICKS OF THE WEEK
ICYMI...
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
ALL ABOUT THE STATS
If you’re thinking about buying or selling your home, understanding what’s going on in our local real estate market is vital.
Being aware of the data such as the average sales price, the number of homes sold, and average days on market will arm you with the knowledge you need to create a winning strategy to meet your goals.
Our January market report showcases everything you need to know about local real estate trends.
January North Okanagan Real Estate Report 2024
Your JANUARY 2024 real estate update inclusive of year-over-year sales stats, current benc...
ON THE SLOPES
Southern Interior now a B.C. mecca for skiing
Photo: J.P. Squire
Kelowna Nordic Ski and Snowshoe Club had a skiff of new snow on Thursday but Log Cabin Trail had a smooth track-set trail and excellent conditions. Then, the sun emerged making it the perfect end to a winter winderland outing.
The return of cold temperatures and new snow this week have Southern Interior ski hills very optimistic for February and March.
Last Tuesday morning, for example, Big White Ski Resort issued a “Powder Alert” after 17 centimetres of fresh snow fell during the previous 24 hours for a base of 171 cm. The quality of snow is always dependent on temperature, in this case -4 C at 7 a.m., i.e. soft powder.
The cumulative year-to-date total was 3.57 metres compared to the 10-year average for Feb. 1 of 4.14metres (a range of 3.23 metres to 5.26 metres) and an average base of 1.87 metres (a range of 142 metres to 2.35 metres). "We've had plenty of years better and a few not so much," noted senior vice-president Michael J. Ballingall.
SilverStar Mountain Resort reported seven centimetres during the previous 24 hours, 19 cm in 48 hours and 24 cm during the past seven days, so most of it fresh powder. The cumulative total was 3.46 metres. Nearby Sovereign Lake Nordic Centre had similar numbers.
Read more: Catch JP aka THE SHERIFF on Castanet.
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
3
New Listings
4
Listings Sold
0
Price Up
1
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
45
New Listings
15
Listings Sold
1
Price Up
12
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
10
New Listings
0
Listings Sold
0
Price Up
2
Price Down