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January 2019 North Okanagan Real Estate Market Report
Based information reported to OMREB by REALTORS® between January 1st – 31st
Condo/Apartments
| Sales | 8 |
| New Listings | 21 |
| Current Inventory | 65 |
| Number of Months | 8 |
| Sell/Inv. Ratio | 12.31% |
| Days to Sell | 47 |
| Days – Range | 12 to 47 |
| Average Price | $238,250 |
| Median Price | $215,500 |
| Price - Range | $154,000 - $400,000 |
| Hottest Neighbourhood | Vernon City |
Condo/Townhouses
| Sales | 16 |
| New Listings | 38 |
| Current Inventory | 127 |
| Number of Months | 8 |
| Sell/Inv. Ratio | 12.60% |
| Days to Sell | 78 |
| Days – Range | 14 to 283 |
| Average Price | $291,300 |
| Median Price | $283,500 |
| Price - Range | $160,000 - $435,000 |
| Hottest Neighbourhood | Armstrong/Spall |
Lots & Acreages
| Sales | 8 |
| New Listings | 37 |
| Current Inventory | 261 |
| Number of Months | 33 |
| Sell/Inv. Ratio | 3.07% |
| Days to Sell | 322 |
| Days – Range | 18 to 1,827 |
| Average Price | $311,438 |
| Median Price | $247,500 |
| Price - Range | $85,000 - $870,000 |
| Hottest Neighbourhood | Coldstream |
Residential Family Homes
| Sales | 52 |
| New Listings | 77 |
| Current Inventory | 284 |
| Number of Months | 5 |
| Sell/Inv. Ratio | 18.31% |
| Days to Sell | 101 |
| Days – Range | 5 to 329 |
| Average Price | $483,059 |
| Median Price | $462,000 |
| Price - Range | $95,000- $1,250,000 |
| Hottest Neighbourhood | Armstrong/Spall |
Ratio of Sales vs Inventory 14.79%
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.