January North Okanagan Real Estate Report 2024
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The HOLM Stretch | February 17, 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...

Feb 16 4 minutes read

New permit for downtown businesses to use sidewalks and on-street parking

A new Outdoor Commercial Use Permit is being created to allow businesses in Vernon’s downtown core to expand their retail and patio spaces outdoors. The new permit is expected to be in place early next month. 

The new permit is an option for businesses to use one on-street parking space for business purposes, in addition to sidewalk and boulevard space. The approach was tested as a pilot program between 2020 and 2022 in response to the COVID-19 pandemic and its impact on local businesses.

Businesses in the Primary and Secondary Business Improvement Areas (BIAs) will have an opportunity to bring their patios and sales areas outdoors through the new permit, which will have to be purchased annually. Once the permit is in place, a business may use the length of their frontage on the sidewalk or boulevard year-round, weather permitting. Between March 1 and October 31 of each year, they will also have an option to use one on-street parking space in front of their building.

Businesses will be able to apply for permits starting in March 2023. The guidelines and application form will be provided on the City website in the coming weeks.

This leads us to think SPRING is just around the corner. We can't wait to see how Downtown Vernon businesses create opportunities with this new change.

Please Scroll down for all our regular real estate and community information.

Stay safe and talk soon

Chris, Patric, Julie, Jasmine, Kristi & Brell


In North Okanagan Real Estate

As of the morning of Friday, February 17th, there are  678  properties showing as active listings here in North Okanagan. On February 10th,  there were 679 properties active.

Sales ranged from $105,000 to $2,075,000 and on average properties were active for 65 days before posting as sold. 

20 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.

$105,000.

Low Sale

43

New Listings

$2,075,000.

High Sale

25

Listings Sold

JUST LISTED

 


ICYMI...

WHAT'S HAPPENING?


       

What's Happening Now to February 24, 2022


WHAT ELSE WE ARE TALKING ABOUT


Spring is just around the corner!

Spring cleaning projects are especially important if you plan on preparing to sell your home soon, as home buyers have high standards. A clean home can help give a positive impression to prospective home buyers and help you sell your home faster — and for more money.


How? Check out our latest blog post.

 

 


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

1

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

32

New Listings

16

Listings Sold

1

Price Up

15

Price Down

Coldstream BC Real Estate Recap

A look at Coldstream market activity over the  last 7 days

New Listings  Just Sold  Active Listings

4

New Listings

1

Listings Sold

0

Price Up

1

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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