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North Okanagan Real Estate Report - July 16, 2018
Big drop in the average sale price from last week! So even though the number of sales reported was the same at 45, the combined sales volume fell back to below $20 Million.
Weekly Top Property - #5 9750 Delcliffe Road, Vernon, V1H 1L5
This house has a 3,229 finished floor area, and was built in 1984. 5 bedrooms and 4 baths on a 0.192 acre lot. Listed on the market for $1,680,000. It sold in 122 days, for $1,600,000
Marketed as:
ULTIMATE WATERFRONT RETREAT! Mature evergreens and a majestic rock scape are the perfect setting for this exclusive, ultra-private, safe gated neighbourhood! Enjoy the 270 degree west facing views over Okanagan Lake from Ellison Park to Vernon on the large entertainment sized deck. 107 ft of Private waterfront with LICENSED DOCK. The relaxed feel of this breezy, open design is enhanced by vaulted cedar ceilings, floor to ceiling wood burning fireplace, clerestory windows and in-floor heating! Family and guest friendly with 5 generous bedrooms and 3 1/2 baths! Family room features full wet bar and opens to the lower level covered deck. Double garage and lots of parking!
Here is a look at the basic statistics for residential real estate sales:
| Status: Sold (45) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $94,400 | $89,000 | 4 | 1 | 1 | ||
| Max | $1,680,000 | $1,600,000 | 173 | 6 | 4 | 5055 | |
| Avg | $425,406 | $413,204 | 52 | 3 | 2 | 1762 | |
| Sum | $19,143,288 | $18,594,188 | |||||
Criteria:
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Compared to last week
| Status: Sold (45) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $84,900 | $75,000 | 11 | 1 | |||
| Max | $7,995,000 | $7,100,000 | 484 | 5 | 4 | 3930 | |
| Avg | $617,231 | $589,826 | 74 | 3 | 2 | 1728 | |
| Sum | $27,775,399 | $26,542,150 | |||||
| Breakdown of the Sales for the Week | |
| Lots & Acreages | 1 |
| Manufactured Homes | 1 |
| Recreational | 0 |
| Single Family Residential | 25 |
| Strata - Apartments | 5 |
| - Townhouses | 13 |