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North Okanagan Real Estate Report - February, 2018

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 2 minutes read

The information below is based reports from REALTORS® between  February 1st -  28th

Condo/Apartments

Sales

15

New Listings

23

Current Inventory

62

Number of Months

4

Sell/Inv. Ratio

24.19%

Days to Sell

63

Days – Range

12 to 336

Average Price

$216,887

Median Price

$220,000

Price - Range

$85,000  -  $411,000

Hottest Neighbourhood

Vernon City

Read our HOLM Report on the Apartment / condo market in Vernon BC

Condo/Townhouses

Sales

17

New Listings

24

Current Inventory

73

Number of Months

4

Sell/Inv. Ratio

23.29%

Days to Sell

33

Days – Range

10 to 78

Average Price

$291,960

Median Price

$295,000

Price - Range

$125,000  -  $423,714

Hottest Neighbourhood  

Vernon City

Wondering about the Vernon City real estate neighbourhood? Check out our HOLM Report for this sub area to see the trends.

Lots & Acreages

Sales

7

New Listings

27

Current Inventory

285

Number of Months

41

Sell/Inv. Ratio

2.46%

Days to Sell

236

Days – Range

25 to 431

Average Price

$368,121

Median Price

$255,000

Price - Range

$225,000  -  $925,000

Hottest Neighbourhood  

Commonage


Residential Home Sales

Sales

60

New Listings

87

Current Inventory

238

Number of Months

4

Sell/Inv. Ratio

25.21%

Days to Sell

92

Days – Range

-1 to 518

Average Price

$489,217

Median Price

$451,500

Price - Range

$222,200  -  $1,340,500

Hottest Neighbourhood  

Enderby/Grindrod


Ratio of Sales vs Inventory                 18.89%

DISCLAIMER: Monthly Sales statistics are based on the sales reported by real estate offices on or before the last day of the month. Sales not reported by month end and collapsed sales are reflected in the subsequent month’s statistics.

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