Do you want content like this delivered to your inbox?
Share
Share

September 24, 2018 Okanagan Shuswap Residential Real Estate Report

The number of sales reported was down this week in  our real estate region, and the average sale price fell to $485,579. Consequently the resulting combined sales volume was also down - though still above $65 Million Dollars traded. Average days to sell climbed upward at 103.

Basic Statistics
Okanagan Shuswap Properties for Sales (134)

Status: Sold (134)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$22,000
$21,500
2

1

Max
$2,380,000
$2,000,000
3088
7
8
7598
Avg
$504,152
$485,579
103
3
2
1747
Sum
$67,556,375
$65,067,607




Criteria:

MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 9/17/2018 to 9/23/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Status: Sold (154)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$34,900
$28,500
1
1
1

Max
$2,500,000
$2,300,000
462
9
6
7127
Avg
$546,858
$527,408
74
3
3
1936
Sum
$84,216,090
$81,220,775




Here are samples from each zone near the average sale price:

Central Okanagan -       240 Sadler Road, Kelowna, V1X 2Y7

Built in 1961, this house has a 2,050 finished floor area.  4 bedrooms, and 2 baths.  The listed price was $524,900.  It sold in 93 days for $485,000. 

        

Marketed as:

This 4 bedroom 2 bath home has nice curb appeal and includes a 1 bedroom LEGAL SUITE! Main floor offers a bright open plan with 3 bedrooms up plus a den down (currently being used as a 4th bedroom), hardwood flooring, newer fridge, and a pillared entrance to living room. Good sized suite has a separate entrance, modern vinyl plank flooring, island kitchen, new toilet and sink. Laundry is shared. AC on main floor. 200 amp electrical. NEW ROOF in 2016 for peace of mind. Private fenced backyard with storage shed. Carport & RV parking available.  Revenue property generating $3k/mo!

North Okanagan -          #123 5805 Tern Place, Vernon, V1H 1S8

Built in 2003, this house has a 2,605 finished floor area.  4 bedrooms, and 4 baths.  The listed price was $489,900.  It sold in 36 days for $480,000.

         
  Marketed as:

Bright open concept living room, kitchen and dining. Kitchen & fireplace have been updated to white cabinets. Oversized master bedroom upstairs with ensuite & WIC. 2 additional bedrooms upstairs with main bathroom. Finished basement has rec room & 4th bedroom. Fenced backyard complete with irrigation and patio overlooking creek. Home features; Double car garage, harwood, tile, A/C.

Shuswap –      2761 Golf Course Drive, Blind Bay, V0E 1H2

Built in 1999, this rancher with basement has a 2,975 finished floor area.  4 bedrooms, and 3 baths.  The listed price was $529,900.  It sold in 105 days for $475,000.


Marketed as:

Level entry rancher with full walkout basement on beautifully landscaped 0.35 acre lot on GOLF COURSE DRIVE…. Over 2900 sq ft, bright kitchen overlooking large sundeck (with gas BBQ hook-up) & private fenced rear yard. 4 generous sized bedrooms, 3 bathrooms including bright 4 pc ensuite, newer hardwood flooring on the main, vaulted ceilings in Living Room. Phantom screens front and back to allow for a nice summer's breeze. Open basement with huge rec-room/media room, cozy family room and a enclosed sunroom to extend the seasons. Lots of room for seasonal storage in 2 storage areas. Big fenced rear yard, with loads of room for the gardener to lose track of time. Double Garage & attached 30 x 15 Single garage, ideal for a workshop or to keep your boat and Toys. Lots of room for company, triple car paved driveway and gravel pad in front. And for peace of mind, a new roof was installed last year.

Breakdown of the Sales for the Week
Lots & Acreages

12

Manufactured Homes

5

Recreational

2

Single Family Residential

68

Strata - Apartments

31

           - Townhouses

10

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.