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Okanagan Shuswap Residential Real Estate Recap Nov.20, 2017

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 29 4 minutes read


Okanagan Shuswap – Residential Property Sales


174 property sales were reported this week in the Okanagan Shuswap area.  This week during November 13th – 19th, sale prices ranged from $18,000 to $2,000,000.  The average price was $432,101.  Number of days on the market ranged from 4 to 1,991.   The average amount of days were 71.


Basic statistics look like this:


Okanagan Shuswap Properties for Sales (174)

Status: Sold (174)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$20,900
$18,000
4
1
1

Max
$2,125,000
$2,000,000
1991
8
5
4505
Avg
$446,042
$432,101
71
3
2
1441
Sum
$77,611,309
$75,185,550




Criteria:
MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 11/13/2017 to 11/19/2017
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'


Compared to last week

Status: Sold (149)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$47,900
$42,000
4

1

Max
$2,599,000
$2,362,000
32896
7
8
5900
Avg
$500,907
$487,537
287
3
2
1581
Sum
$74,635,086
$72,643,071




Here is a look at what "Average" looks like across the 3 local real estate zones.

Central Okanagan –  280 Cambie Road, Kelowna, V1X 3J1

Built in 1968, this 4 bedrooms and 1 washroom rancher with basement has 1,960 finished floor area.  The asking price for this home was $449,900.  In 115 days, it was purchased for the price of $417,000.

Marketed as:
Great four bedroom home on .21 of an acre! Two bedrooms on the main floor and two more bedrooms on the lower level. Laminate and tile flooring throughout most of the main floor. Large lot in a central location with plenty of parking for your RV or toys!


North Okanagan –  1301 21 Avenue, Vernon, V1T 1G7

Built in 1974, this 5 bedrooms and 2 washrooms house has 2,000 finished floor area.  The asking price for this home was $449,000.  In 88 days, it was purchased for the price of $425,000.

Marketed as:
There are three bedrooms on the main with two bedrooms on the lower level complete with a full summer kitchen and separate entrance. Newly renovated bathrooms, upgraded A/C and furnace units. Fridge, stove, washer and dryer are included on both levels. The lot is level with ample parking for recreational vehicles.

Built in 1974, this 5 bedrooms and 2 washrooms house has 2,000 finished floor area.  The asking price for this home was $449,000.  In 88 days, it was purchased for the price of $425,000.

Shuswap –  #A&B 1828 Maley Road, Revelstoke, V0E 2S0

Built in 1965, this 4 bedrooms and 2 washrooms full duplex has 1,923 finished floor area.  The asking price for this home was $439,000.  In 56 days, it was purchased for the price of $425,000.

Marketed as:
Each spacious unit has 2 bedrooms, 1 bathroom with large laundry/mudroom. Gorgeous natural light flows into the large open concept living room, dining room and kitchen. Store all your gear in the large attached storage area or in your own shed. This expansive 104ft x 100ft lot gets amazing sun exposure and fantastic views of Mt Begbie right from your living room window. The large back yard is great for entertaining in the summer on the sunny patio.


Breakdown of the Sales for the Week

Lots & Acreages

37

Manufactured Homes

11

Recreational

0

Single Family Residential

79

Strata - Apartments

35

           - Townhouses

12



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