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Okanagan Shuswap – Residential Property Sales April 16, 2018

The number of sales transactions reported for residential real estate was up this past week over the week prior, as was the total sales volume. The average sale price of properties sold was down slightly week over week.

Below is a look at the basic statistics for residential property sales from Revelstoke to Peachland.


Okanagan Shuswap Properties for Sales (189)

Status: Sold (189)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$16,300
$16,300
-1
1
1

Max
$4,995,000
$4,432,500
1144
8
5
6600
Avg
$514,782
$502,638
69
3
2
1704
Sum
$97,293,756
$94,998,670




Criteria:





MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 4/9/2018 to 4/15/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'


Compared to last week

Status: Sold (179)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$55,000
$46,000
1
1
1

Max
$1,899,900
$1,800,000
751
6
6
5080
Avg
$532,303
$517,060
69
3
2
1783
Sum
$95,282,300
$92,553,731




As always - here is a price point snippet about what the dollar got for buyers and sellers in each of the 3 real estate zones:

Central Okanagan –     2159 Tomat Avenue, West Kelowna, V1Z 2Z8   

Built in 1980, this house has a 2,220 finished floor area.   4 bedrooms, and 3 baths.  The listed price was $482,000.  It sold in 10 days for $481,000.

 

Marketed as:

This designer Lakeview home has recent high quality updates from top to bottom, 3 bedrooms on the main level, a bright 1 bedroom in-law suite with separate entrance and laundry, all in a single family home at an incredibly affordable price. This meticulous homeowner has recently gone over and above with a beautiful remodel throughout this home. This interior feels like new, with modern-rustic features, two new upscale custom open concept kitchens, quartz counters up & down, high end appliances, new windows throughout, custom window coverings, new exterior contemporary doors, LED lighting, lovely solid hardwoods, gas fireplace, tasteful paint and decor and so much more. The laundry area is huge and has lots of room for flex/hobby uses.  Outside, the home has multiple decks with gas line to BBQ, and patios to take in the mountain/lake views and private yard.  New enclosed screen sun room off the bedroom.


North Okanagan -     3433 Lockhart Crescent, Armstrong, V0E 1B8

Built in 1979, this house has a 2,276 finished floor area.   4 bedrooms, and 3 baths.  The listed price was $485,000.  It sold in 13 days for $500,000.

Marketed as:

Level corner Lot.  .44 acre spacious Lot, fenced yard, low maintenance landscaping, large play structure for your children. This well set up family home has had many recent upgrades and more within the last 10 years such as roof, windows. Recent new paint, flooring, upgraded kitchen, bathrooms, hot water tank and large covered deck overlooking the back yard. In move in condition. The main floor den could be converted back to a 3rd bedroom. Bring your family, pets and there is plenty of room for all your toys too.

Shuswap –     #23 2550 Golf Course Drive, Blind Bay, V0E 1H1   

Built in 1999, this townhouse has a 2,282 finished floor area. 3 bedrooms, and 3 baths.  The listed price was $489,900.  It sold in 31 days for $486,000.

Marketed as:

55+ Adult living.  This home offers amazing Lake and Mountain Views looking all the way to Copper Island. Semi-detached rancher with walk out basement. Laundry and Master bedroom both on the main floor. The master bedroom has lovely ensuite with soaker tub and separate shower. This home has been beautifully maintained and has had many updates. Some features include 2 gas fireplaces, central a/c, vaulted ceilings, hardwood floors, built in vacuum, gas BBQ hook ups both up and down, Steel roller shutters on the windows and the patio wired for hot tub.



Breakdown of the Sales for the Week
Lots & Acreages

10

Manufactured Homes

13

Recreational

0

Single Family Residential

93

Strata - Apartments

45

           - Townhouses

28


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