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November 26, 2018 Okanagan Shuswap Real Estate Sales Update

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...

Apr 3 5 minutes read

Sales dipped and the average sale price was right near half a million dollars across the region this past week.
Basic Statistics
Okanagan Shuswap Properties for Sales (105)

Status: Sold (105)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$59,900
$50,000
3
1
1

Max
$2,398,000
$2,140,000
510
6
6
5110
Avg
$518,303
$497,678
81
3
2
1638
Sum
$54,421,775
$52,256,200




Criteria:

MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 11/19/2018 to 11/25/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Status: Sold (131)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$13,500
$10,500
-34
1
1

Max
$2,999,900
$3,000,000
596
7
5
5664
Avg
$520,399
$501,999
84
3
2
1750
Sum
$68,172,296
$65,761,862




Central Okanagan -    #287 6712 Marbella Loop, Kelowna BC, V1Z 3R8  

Built in 2017, this house has a 1,250 finished floor area.  3 bedrooms, and 2 baths.  The listed price was $549,900.  It sold in 29 days for $500,000. 

                  

Marketed as:
           

Beautiful new cottage with full unobstructed lake views. Ready to take over now. Full warranty, double garage, fully landscaped a premium interior with loads of room. Top end furniture, sleeps 12. Lots of parking and yard space.

North Okanagan -    10445 Columbia Way, Vernon, V1H 2B5 

 

Built in 1993, this house has a 3,007 finished floor area.  5 bedrooms, and 3 baths.  The listed price was $519,900.  It sold in 58 days for $490,000.

                                                                      
Marketed as:

Amazing Okanagan Lake views from this privately located walk out rancher! Modern finishings beautifully blending with rustic cedar to offer timeless charm for this special property. The main floor plan boasts an updated kitchen, formal dining room with french doors leading to the outdoor entertainment area, and a large living room with amazing lake views. With all the windows and skylights, there is no shortage of natural light. The 2 bed 2 bath daylight walkout basement features a master w/ 3 piece ensuite with access to the deck, full kitchen, laundry, and a massive living room/den perfect for entertaining. This could easily be used as an inlaw suite. Recent updates include furnace, A/C, washer & dryer, new roof in 2015 and exterior wood professionally treated in 2016.  Plenty of parking available and access to the lower portion of the property to construct a shop or garage!

Shuswap –    1009 Third Street, W Revelstoke, V0E 2S0

Built in 1915, this full duplex has a 1,816 finished floor area.  4 bedrooms, and 2 baths.  The listed price was $469,000.  It sold in 44 days for $435,000.


       
     Marketed as:

Good Clean, Centrally located up/down Duplex with many upgrades and a proven rental stream.  Two bedrooms and 1 bathroom and laundry in each unit with separate utilities and storage in the basement. 9' Ceilings and Hardwood floors on the main floor. Both units presently leased $1500/ mth till August 31/19 and $832/ mth till May 31/19. Easy and simple rental investment.



Breakdown of the Sales for the Week
Lots & Acreages

8

Manufactured Homes

8

Recreational

0

Single Family Residential

55

Strata - Apartments

16

           - Townhouses

18

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