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Okanagan Shuswap – Residential Property Sales September 3, 2018

Real estate sales cooled over the week previous in the Okanagan Shuswap regionally - Less properties, selling for less money ( though slightly faster ) resulted in over $23 million less in inventory traded from one week ago.

Basic Statistics
Okanagan Shuswap Property Sales (164)

Status: Sold (164)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$45,900
$42,000
-1



Max
$1,550,000
$1,430,000
383
7
7
5009
Avg
$473,433
$457,983
74
3
2
1697
Sum
$77,643,086
$75,109,233




Criteria:

MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 8/27/2018 to 9/2/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Status: Sold (202)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$24,000
$24,000
3

1

Max
$2,599,000
$2,450,000
1656
7
5
4985
Avg
$506,901
$486,766
85
3
2
1618
Sum
$102,393,945
$98,326,649





The average sale price dipped back into the mid $450's - and here are our weekly samples near that point.

Central Okanagan -     #639 654 Cook Road, Kelowna, V1W 3G7

Built in 2007, this apartment has a 956 finished floor area.  2 bedrooms, and 2 baths.  The listed price was $529,000.  It sold in 64 days for $450,000.
 

    Marketed as:

This 2 bedroom+den, 2 full bath unit featuring mountain and lake views and overlooks the beautiful outdoor pool and roof top lounging areas. Perfect for entertaining with an open concept layout, this high quality unit features slate floors, granite surfaces, floor to ceiling windows and a private patio space complete with furniture and hook-up for a gas bbq. This suite is ready to go, enjoy a fully equipped kitchen, furnished living & dining areas, in-suite laundry, a spacious master bedroom with king bed, walk-thru closet and 4-piece ensuite, a 2nd bedroom with queen bed and a private den that can easily accommodate a murphy bed or bunk beds. Playa del Sol offers excellent amenities including a swimming pool, hot tub, steam room, games & theatre room, expansive decks and outdoor terraces with BBQ centers.

North Okanagan -         511 5th Street, Vernon, B.C., V1H 1Z1

Built in 2003, this house has a 2,819 finished floor area.  3 bedrooms, and 3 baths.  The listed price was $484,900.  It sold in 63 days for $460,000.
                    Marketed as:
Large rancher with mostly finished walk out basement. Superb location with panoramic view. 3+1 bedrooms and 3 bathrooms. Bright open kitchen with plenty of cupboards and drawer. 2 tiered island with stools. Great room with gas fireplace. Master bedroom features door to upper deck, oversized walk in- closet and spacious ensuite. Upper back deck and front patio. Lower covered patio with attached shed. Professionally landscaped-low maintenance. Basement area has recreation room, bathroom and bonus room that could be used for 4th bedroom. Unfinished workshop and storage areas. 

 

Shuswap –      4858 Eagle Bay Road, Eagle Bay, V0E 1T0

Built in 1950, this house has a 1,513 finished floor area.  3 bedrooms, and 2 baths.  The listed price was $449,000.  It sold in 29 days for $435,000.

Marketed as:

WOW! Absolutely a delightful home with so many surprises!  4.97 acres with LAKEVIEW & artisan gravity fed well. Some pasture, some treed, natural pond, no fencing, but could easily accommodate a horse or two. There is a powder coated metal gazebo to relax and enjoy the beautiful sunsets on the Shuswap Lake. The dining room offers double french doors onto a private back deck area. There is a double attached carport, detached workshop, storage building and little guest cabin. This 1950 home was completely renovated in 1987. The kitchen has real country charm and boasts a mexican clay tile floor. Appliances are included; Liebherr Fridge, propane stove, dishwasher & stacker washer/dryer. The windows in this home are Pella brand, very easy to flip & wash. The master bedroom is on the main floor with an attached bathroom featuring an electric towel warmer. 2 generous bedrooms upstairs and a full bathroom.

Breakdown of the Sales for the Week
Lots & Acreages

14

Manufactured Homes

14

Recreational

1

Single Family Residential

81

Strata - Apartments

26

           - Townhouses

28




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