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North Okanagan Real Estate Report - February, 2018
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 |
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.