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The HOLM Stretch | March 10, 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...

Mar 9 3 minutes read

Spring is in the air!

Thanks for stopping by.  

For the second week in a row, we have seen new listings popping up faster than sales are removing properties from the market. This is to be expected. Last year at this time, inventory was at an all time low, and prices spiked. Stay Tuned over the next weeks to see what transpires this year.

In North Okanagan Real Estate

As of the morning of Friday, March 10, there are 734 properties showing as active listings here in North Okanagan. On March 3,  there were 698 properties active.

Sales ranged from $260,000 to $1,389,000 and on average properties were active for 65 days before posting as sold. 

21 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.

$260,000.

Low Sale

69

New Listings

$1,389,000.

High Sale

23

Listings Sold

JUST SOLD


 

ICYMI...

WHAT'S HAPPENING?


       

What's Happening Now to March 17, 2022


WHAT ELSE WE ARE TALKING ABOUT


Locally

Rail Trail work soon to begin in Armstrong Spallumcheen

Development of a walking and biking trail between Spallumcheen and Armstrong will get underway this spring thanks to a $500,000 grant from the provincial government!

And in real estate,

Will Mortgage Rates Go Down in Canada in 2023?

Mortgage rates fell to all-time lows in 2020.


Now they’re more than double what they were, and everyone is asking the same question.


Will mortgage rates come down in 2023?

 P.S. Want to start on your mortgage application with a trusted lender? Reach out and we’ll connect you!


Here's our Weekly look specifically at homes that sold near you.

 

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

6

New Listings

1

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

New Listings  Just Sold  Active Listings

47

New Listings

16

Listings Sold

0

Price Up

13

Price Down

Coldstream BC Real Estate Recap

A look at Coldstream market activity over the  last 7 days

New Listings  Just Sold  Active Listings

5

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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