The Holm Stretch March 11, 2022
Hello!
While the weather cooled this week, the North Okanagan real estate market began to heat up. It is finally listing season! New listings outpaced sales this week, and we finally see inventory starting to rise, as we predicted, with the disappearance of the snow. This is welcome news for many frustrated buyers, who may finally have more than one home to look at at a time!
Sellers, it is a frenzy, but your price still must not overreach. In fact, in a market like this, buyers know the market value better than in any other market, as they have been likely fighting for more properties than just yours and absolutely know the comparable home sales.
As always,
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, March 4, 2022, there are 421 properties showing as active listings in the North Okanagan. Last Friday there were 387 properties active.
Sales ranged from $247,000. to $1,935,000. and on average properties were active for 37 days before posting as sold. 16 sales took 14 days or less to firm up.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$247,000
Low Sale
82
New Listings
$1,935,000
High Sale
44
Listings Sold
Coming Soon
#1 3535 Wood Avenue Armstrong, BC
We are working hard to get this property actively listed on the MLS® Today!...
2955 Phillips Street Armstrong, BC
Coming soon. We are working hard to get this property actively listed on the MLS® ...
2401 Bradley Drive, Armstrong, BC
We are working hard to get this listing active on the MLS. Photos are scheduled to be avai...
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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.
7
New Listings
2
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
49
New Listings
34
Listings Sold
1
Price Up
4
Price Down
Coldstream BC Real Estate Recap
A look Coldstream market activity over the last 7 days
7
New Listings
2
Listings Sold
0
Price Up
0
Price Down