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North Okanagan Real Estate Market Update July 25, 2010 Edition

By
Real Estate Agent with OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty

This synopsis is based on information generated from the Okanagan Mainline Real Estate Board database on Sunday August 1, 2010 at 9:00 am. An overview of each property sold is available for download here.

North Okanagan, (Vernon BC and area) real estate saw 17 properties move to sold status between  July 19, 2010 and July 25, 2010

North Okanagan neighbourhoods that had real estate sales activity included:

  • Armstrong BC /  Spallumcheen BC
  • Enderby BC / Grindrod BC
  • East Hill, Vernon BC
  • Harwood, Vernon BC
  • North BX, Vernon BC
  • Okanagan Landing, Vernon BC
  • Okanagan North, Vernon BC (Westside Road Area)
  • City of Vernon, Vernon BC

 In this same period of time 68 listings were activated in the North Okanagan. Again listings continue to outpace the number of sales dramatically. Realtors - doing what they do... in a good example of the definition of insanity... more on that in another post.

Listing prices for sold properties ranged from $67,500 - $979,00 with an average of $344,371
Sale prices ranged from $65,500 - $970,000 with an average of $332,132

Days on the market for the listings that sold ranged from 16 - 470 with an average of 118 days

The total value of real estate traded in the North Okanagan Vernon BC area valued out at $5,646,250 over the 17 transactions. Sales included:

  • 1 apartment
  • no fourplex building
  • 1 single wide manufactured home
  • no double wide manufactured home
  • no half duplex unit
  • no building lot
  • 1 recreational property with home
  • 1 single family homes with acreage
  • 9 single family homes
  • no Single family homes in Bare Land Strata's
  • 4 townhomes
  • no triplex buildings

An overview of each property sold is available for download here. We are happy to set up a personal portal for you to watch any sector of the Okanagan real esate market. Feel free to contact us.

See you online,

 Brell ~ Brenda Ellis REALTOR ®

Your Okanagan Real Estate Umbrella

 with  Century 21 Executives Realty Ltd 

 (250)549-2103 Office Reception

1-877-227-4073 Toll Free

(250)308-4310 SMS

Century 21 Executives Realty Ltd.

2907 - 32nd St.

Vernon, BC  V1T 5M2

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