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Shuswap Residential Real Estate Report - November 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 3 minutes read

Shuswap – Monthly Statistics

                      

November 2017

Top sale in the Shuswap Revelstoke zone for November was this 4 bedroom, 4 bath, lakeshore home in Sicamous-Mara.  Built in 1984 and first brought to the MLS® in 2016 for $3,299,000, the property was re-introduced at $2,349,000 this spring. It sold for $2,050,000 after 218 days on the market.

679 Swanbeach Road, Sicamous, V0E 2K0

Marketed as:


LAKE SHORE on MARA LAKE with 2 titled lots! BEAUTIFUL lakeshore home with expansive lake views of coveted Mara Lake. located in the most desirable neighbourhood on Mara Lake this home features an great open floor plan, an expanse of windows to enjoy the view, 4 bedrooms - 3 with ensuite bathrooms and 2 with walk-in closets. The kitchen is open to the dining room which is open to the living room. A bank of windows takes advantage of the incredible lake views. The patio doors open to a generous deck and out to the yard and the beautiful sandy beach and crystal clean waters of Mara Lake. The property Features a vacant second lot for added privacy and expansive yard, newer curved retaining wall joins the yard to the beach, The fenced private yard on a quiet secondary street offers plenty of room for relaxing and enjoying the summer days. plenty of room for friends and family, this property is perfect for entertaining or just relaxing and enjoying the views.

Based on November 1st -  30th

Condo/Apartments

Sales

6

New Listings

4

Current Inventory

28

Number of Months

5

Sell/Inv. Ratio

21.43%

Days to Sell

114

Days – Range

14 to 296

Average Price

$251,317

Median Price

$189,950

Price - Range

$165,000  -  $511,000 

Hottest Neighbourhood

Revelstoke


Condo/Townhouses

Sales

7

New Listings

7

Current Inventory

30

Number of Months

4

Sell/Inv. Ratio

23.33%

Days to Sell

67

Days – Range

16 to 267

Average Price

$308,843

Median Price

$249,900

Price - Range

$145,000  -  $599,000

Hottest Neighbourhood

North East Salmon Arm


Lots & Acreages

Sales

12

New Listings

24

Current Inventory

303

Number of Months

25

Sell/Inv. Ratio

3.96%

Days to Sell

412

Days – Range

10 to 1,912

Average Price

$320,683

Median Price

$147,450

Price - Range

$15,800  -  $2,450,000

Hottest Neighbourhood

North Shuswap


Time frame is from Jan 2016 to Dec 2017
Property Type is 'Single Family Residential'
MLS is 'OMREB'
Major Area is 'Shuswap / Revelstoke'


Residential

Sales

34

New Listings

36

Current Inventory

160

Number of Months

5

Sell/Inv. Ratio

21.25%

Days to Sell

1,109

Days – Range

9 to 32,896

Average Price

$496,157

Median Price

$327,500

Price - Range

$180,000  -  $2,050,000

Hottest Neighbourhood

Revelstoke


Ratio of Sales vs Inventory                 18.85%


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