June North Okanagan Real Estate Report 2024
Learn More
Do you want content like this delivered to your inbox?
Share
Share

The HOLM Stretch | May 31th, 2024

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...

May 31 4 minutes read

Thanks for stopping by.

THE MARKET IS A ROLLER COASTER

If you’re feeling overwhelmed by all the twists and turns in the market, you’re not alone.

With so many narratives about the market, it helps to look at the actual data.

In April, the number of properties available in Canada for sale surged by 6.5%, marking one of the largest monthly gains on record.

This increase has brought the total inventory to its highest level since before the pandemic.

But on the flip side, home sales fell by 1.7%, and prices remained flat at $719,400.

High interest rates are keeping buyers on the sidelines, despite the increase in inventory.

So, what’s next for the market? We’re about to find out.

As always, we're here if you have any questions.

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 May 31, there are 983 homes showing as active listings here in North Okanagan. On May 24,  there were 955 homes active.

Sales ranged from $205,000. to $2,569,000. Days to sell ranged from 7to 338. 5 listings expired, 10 were cancelled.

32 prices were reduced over the last week. 1 price increased.

Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.

$205,000.

Low Sale

45

New Listings

$2,569,000.

High Sale

20

Listings Sold

JUST LISTED

 

 

 

 


JUST SOLD


ICYMI...

PICKS OF THE WEEK

WHAT'S HAPPENING?


       

What's Happening In & Around Vernon

WHAT ELSE WE ARE TALKING ABOUT


Unlock the secrets to snagging the best mortgage rate in our local real estate market.

Thinking about buying or refinancing?

Our latest blog post demystifies the process of getting a mortgage—and a good deal.

This is essential reading for both first-time buyers and seasoned homeowners.


Ready to take a decisive step towards savvy homeownership?

 P.S. Still have questions? Reach out to get contact info for our trusted lending partners.


MAKING TRACKS

 

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

4

New Listings

1

Listings Sold

1

Price Up

2

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

29

New Listings

13

Listings Sold

0

Price Up

23

Price Down

Coldstream BC Real Estate Recap

A look at Coldstream market activity over the  last 7 days

New Listings  Just Sold  Active Listings

3

New Listings

4

Listings Sold

0

Price Up

3

Price Down


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.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info

Terms of Use

This website is operated by Chris Holm Associates/Chris Holm, REALTOR®, a Salesperson who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Chris Holm Associates/Chris Holm, REALTOR®, and CREA.

Copyright

The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer

The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments

Chris Holm Associates/Chris Holm, REALTOR® may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.