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North Okanagan Real Estate Report Oct. 9, 2017

Monday October 9th, 2017
North Okanagan Residential MLS® Real Estate Sales Report

53 residential MLS® property sales were reported in the North Okanagan.  This week during October 2nd - 8th, sale prices ranged from $60,000 to $1,360,000.  Average sale price this week was $396,317.  Number of days on the market ranged from 5 to 408, and averaged at 71.  

North Okanagan (53) October 2nd - 8th, 2017


Basic Statistics

Status: Sold (53)
  List PriceSold PriceDOMBedsTotal BathsFinished Floor Area
Min$64,900$60,000511 
Max$1,500,000$1,360,000408644754
Avg$406,891$396,31771321793
Sum$21,565,198$21,004,800   



Criteria:  

MLS is 'OMREB'

Major Area is 'North Okanagan'

Sold Date is 10/2/2017 to 10/8/2017

Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'


Compared to last week


Status: Sold (40)
  List PriceSold PriceDOMBedsTotal BathsFinished Floor Area
Min$124,900$117,500521 
Max$1,490,000$1,392,000455643647
Avg$454,045$443,54583321805
Sum$18,161,800$17,741,810    


Top Sale in the North Okanagan

  COLDSTREAM ORCHARD on 9.98 acres with 2 titles and 2 homes, income producing – The fully irrigated apple and cherry orchard includes: Royal Gala, Spartans and Ambrosia apples and approximately 3 acres of recently planted, Lapin cherries, first marketable production in 2016. Outbuildings include a machine shed, shed and detached single garage. Main house on Venables Drive features 4 bedrooms, 1.5 baths plus a separate 2 bedroom suite in the lower walkout level. The second smaller house on Aberdeen Road has 3 bedrooms plus den.


This week’s top sale is located on Venables Drive in Coldstream.  Built in 1981, this house comes with 6 bedrooms and 3 washrooms.  It has a 3,419 finished floor area, and is on a 9.98 acre lot.  The original price for this house was $1,500,000.  In 93 days, it was purchased for the price of $1,360,000.  According to the history data of the property, it’s been indicated that back in 2008, it was listed for $1,395,000.

 

Taxes based on year 2017 = $2,340 

The following types of properties make up the reported sales:


Land:-                                           2 sales

Manufactured Homes: -                 2 sales

Recreation Property:-                     0 sales

Single Family Residential: -          36 sales

Apartments: -                                8 sales

Townhomes:  -                              5 sales

The Okanagan Mainline Real Estate Board area  stretches from Revelstoke through Peachland BC and these numbers relate to all MLS® residential property types  including lots and acreage, manufactured homes, recreation properties. All single family home types and strata properties (apartments, condos and town homes) are included in this report. 


All data from the OMBREB Database. Totals include variables in any given due to previous week’s collapsed sales and deleted listings. e & eo 

Remember, we can show you any property for sale in the  Okanagan Shuswap and have awesome connections for your specific real estate needs.


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