December 2018 - North Okanagan Residential Real Estate Report
PLEASE NOTE: Average prices indicate market trending only. They do not reflect actual prices which vary from house to house and area to area. The Median sale price is the midpoint of sales during the month. The Average and Median Sold Prices are for Single Family Homes and do not include Residential Waterfront Properties.
Based on information reported by real estate offices December 1st – 31st
Condo/Apartments
Sales | 12 |
New Listings | 17 |
Current Inventory | 56 |
Number of Months | 5 |
Sell/Inv. Ratio | 21.43% |
Days to Sell | 84 |
Days – Range | 3 to 228 |
Average Price | $202,875 |
Median Price | $186,250 |
Price - Range | $122,500 - $327,000 |
Hottest Neighbourhood | Vernon City |
Condo/Townhouses
Sales | 19 |
New Listings | 20 |
Current Inventory | 115 |
Number of Months | 6 |
Sell/Inv. Ratio | 16.52% |
Days to Sell | 99 |
Days – Range | 9 to 485 |
Average Price | $348,484 |
Median Price | $350,000 |
Price - Range | $156,000 - $475,000 |
Hottest Neighbourhood | Okanagan Landing |
Lots & Acreages
Sales | 9 |
New Listings | 18 |
Current Inventory | 245 |
Number of Months | 27 |
Sell/Inv. Ratio | 3.67% |
Days to Sell | 189 |
Days – Range | 28 to 472 |
Average Price | $404,889 |
Median Price | $280,000 |
Price - Range | $52,000 - $1,300,000 |
Hottest Neighbourhood | North BX |
Residential Homes
Sales | 52 |
New Listings | 34 |
Current Inventory | 285 |
Number of Months | 5 |
Sell/Inv. Ratio | 18.25% |
Days to Sell | 94 |
Days – Range | 9 to 282 |
Average Price | $477,904 |
Median Price | $442,000 |
Price - Range | $225,000- $1,175,000 |
Hottest Neighbourhood | East Hill |
Ratio of Sales vs Inventory 16.91%