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Okanagan Shuswap – Residential Property Sales Recap 10/30/17

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...

Oct 24 5 minutes read


Here is a look at residential real estate sales on a regional basis.


191 property sales were reported this week in the Okanagan Shuswap area.  This week during October 23rd  – 29th, sale prices ranged from $16,000 to $5,550,000.  The average price was $501,895.  Number of days on the market ranged from 8 to 989.   The average amount of days were 88.


Basic Statistics


Okanagan Shuswap Properties for Sales (191)

Status: Sold (191)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$22,900
$16,000
8
1
1

Max
$6,500,000
$5,550,000
989
8
6
5000
Avg
$519,659
$501,895
88
3
2
1689
Sum
$99,254,834
$95,861,907




Criteria:

MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 10/23/2017 to 10/29/2017
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'


Compared to last week

Status: Sold (209)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$49,000
$52,500
1



Max
$6,999,000
$6,400,000
1174
8
7
7572
Avg
$532,003
$513,708
79
3
2
1677
Sum
$111,188,642
$107,364,926




Here is a look at what "Average" looks like across the zones

Central Okanagan – 3380 McMorland Road, West Kelowna, V4T 1B4

Marketed as:

Newly renovated 4 bed, 3 bath family home!  This property is split into two distinct levels with a suite on the lower level. Both levels of this home are bright and airy with fresh paint, new slider closets and significant updates. Each floor also has separate laundry. On the main level, you’ll also find all new appliances, a gas fireplace and an additional 270 sq. ft. sunroom that could easily be used as an office, sitting room or additional bedroom.  This home sits on a generous .21 of an acre lot. The backyard is huge with some nice mature trees just beyond the perimeter - the yard is flat and easily large enough for a pool. There’s also a brand new 12’ x 12’ concrete deck and 10’ x 10’ overhang that has just been installed in the backyard.

 


Built in 1976, this 4 bedrooms and 3 washrooms home has 2,384 finished floor area.  The asking price for this home was $509,000.  In 24 days, it was purchased for the price of $499,000.




North Okanagan –  2107 39 Street, Vernon, V1T 6Y3

Marketed as:
 
4Bed 2Bath split-level home.   Bright, Modern and Stylish. Panoramic mountain views from the open-plan kitchen/dining area that boasts a vaulted ceiling and access to the 28x12 sun deck and 32ft in-ground pool. Generous master with premium ensuite. Updated lighting and pre-wired/3-zone sound system. Central Air&Vac. Newer roof and High-Efficiency mechanical systems (2013-2015). 26ft garage plus Boat & RV parking.

Built in 1973, this 4 bedrooms and 2 washrooms house has 2,194 finished floor area.  The asking price for this home was $499,900.  In 22 days, it was purchased for the price of $485,000.

Shuswap –  641 8 Avenue, SE Salmon Arm, V1E 2C2

Marketed as:
This home is approximately 2900 sq.ft., beautifully maintained and freshly painted. The main level has 3 bedrooms (one is currently being used as an office), 2 full baths, laundry room and sliding doors to deck. Spacious master bedroom has walk in closet and ensuite with soaker tub. Fully finished walkout basement is plumbed to add a kitchen for a suite. Downstairs has a huge family room, office area, exercise area and full bathroom with steam bath. Central air keeps everyone cool during the hot summer months. The double garage is plenty big enough for 2 cars and lots of storage. Fully landscaped yard and 3 decks mean plenty of room for BBQ's and entertaining, from the main floor and from the basement area.  Sit on one of the three decks and view the lake or city lights at night - very quiet area.

Built in 2002, this 3 bedrooms and 3 washrooms rancher with basement has 2,915 finished floor area.  The asking price for this home was $529,999.  In 43 days, it was purchased for the price of $485,000.

Breakdown of the Sales for the Week

Lots & Acreages

15

Manufactured Homes

7

Recreational

5

Single Family Residential

102

Strata - Apartments

32

           - Townhouses

30

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