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North Okanagan Real Estate April 2018 Overview

Brenda Ellis

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Oct 29 3 minutes read

Top sale in the North Okanagan in April was located in a waterfront community in Okanagan Landing. Built in 2003, with over 3000 square feet of finished floor area, this home offered 3 bedrooms and 4 full baths. Listed at $1,375,000. It sold in 21 days for $1,365,000.

Marketed as: Waterfront luxury living in an exclusive & desirable Okanagan Landing gated community! An immaculate 3096 sq.ft +/- luxury home with 3 bedrooms (3 ensuite), 4 bathrooms & an attached double garage. The open concept layout boasts 9’ ceilings with a double sided fireplace creating a warm atmosphere in both the dining & living room area. The large gourmet kitchen has modern cabinetry, stainless appliances as well as an expansive island with raised breakfast bar for casual eating. Upstairs, the spacious master bedroom with walk in closet & ensuite opens onto a private balcony overlooking the lake. Situated steps away from the gorgeous Okanagan Lake, enjoy your beach front and lakeside dock with boat slip. The Lakeside gives you security and is professionally managed allowing you to relax & enjoy your home. Conveniently located close to downtown Vernon, beaches, parks, schools, shopping, The Rise, Predator Ridge Golf courses & more, this is your perfect Okanagan Lakefront destination!

Based on April 1st -  30th

Condo/Apartments

Sales

28

New Listings

24

Current Inventory

63

Number of Months

2

Sell/Inv. Ratio

44.44%

Days to Sell

54

Days – Range

2 to 207

Average Price

$197,911

Median Price

$157,000

Price - Range

$81,000  -  $516,000

Hottest Neighbourhood

Vernon City


Condo/Townhouses

Sales

28

New Listings

45

Current Inventory

107

Number of Months

4

Sell/Inv. Ratio

26.17%

Days to Sell

42

Days – Range

4 to 293

Average Price

$322,840

Median Price

$327,500

Price - Range

$121,900  -  $465,000

Hottest Neighbourhood    

Okanagan Landing


Lots & Acreages

Sales

10

New Listings

44

Current Inventory

307

Number of Months

31

Sell/Inv. Ratio

3.26%

Days to Sell

230

Days – Range

12 to 532

Average Price

$196,450

Median Price

$211,000

Price - Range

$72,000  -  $346,500

Hottest Neighbourhood    

Middleton Mountain Coldstream


Residential Homes 

Sales

92

New Listings

168

Current Inventory

346

Number of Months

4

Sell/Inv. Ratio

26.59%

Days to Sell

55

Days – Range

3 to 298

Average Price

$510,372

Median Price

$460,250

Price - Range

$170,000  -  $1,365,000

Hottest Neighbourhood    

Foothills


Ratio of Sales vs Inventory                 23.10%


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