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Shuswap Residential Real Estate Report
Dec 2017 - Top Sale 3266 Airport Way, Revelstoke, V0E 2S3
This 3 bedroom 3 bath home was built in 2011. It was placed on the market at $1.290,000 and sold in 172 days for . Market history shows an earlier listing at $1,570,000 early in 2017.
Marketed as: This custom built 4300 sq ft Timber Frame sits on 2.09 Acres at the foot of Revelstoke Mtn Resorts, built and designed with the finest craftsmanship right from the staggered 2X12 construction, triple glazed & tilt and turn imported windows and doors, Geothermal Heating System, Belgium Stuv Wood Stove, 400 amp service, and ICF foundation. The layout of the home boasts a magnificent Master Bedroom with 5 piece ensuite, walk in closet with a bonus storage room perfect for a hideaway for storage or a great place for kids to play. Main floor also has a mini master bedroom with ensuite bath, Kitchen/dining is oversize for entertaining and living room has floor to ceiling windows for that perfect view. Custom railings and deck to capture the beauty of the views complete the home. Call for an appointment to view.
The following market statistics are based on results posted by REALTORS® to the OMREB Darabase December 1st - 31st
Condo/Apartments
| Sales | 3 |
| New Listings | 5 |
| Current Inventory | 28 |
| Number of Months | 9 |
| Sell/Inv. Ratio | 10.71% |
| Days to Sell | 50 |
| Days – Range | 28 to 82 |
| Average Price | $248,000 |
| Median Price | $226,000 |
| Price - Range | $223,000 - $295,000 |
| Hottest Neighbourhood | South East Salmon Arm |
Condo/Townhouses
| Sales | 3 |
| New Listings | 0 |
| Current Inventory | 23 |
| Number of Months | 8 |
| Sell/Inv. Ratio | 13.04% |
| Days to Sell | 98 |
| Days – Range | 19 to 225 |
| Average Price | $277,500 |
| Median Price | $286,500 |
| Price - Range | $220,000 - $326,000 |
| Hottest Neighbourhood | Sicamous |
Lots & Acreages
| Sales | 10 |
| New Listings | 19 |
| Current Inventory | 238 |
| Number of Months | 24 |
| Sell/Inv. Ratio | 4.20% |
| Days to Sell | 244 |
| Days – Range | 19 to 998 |
| Average Price | $133,908 |
| Median Price | $139,000 |
| Price - Range | $40,577 - $243,000 |
| Hottest Neighbourhood | Revelstoke |
Residential
| Sales | 22 |
| New Listings | 25 |
| Current Inventory | 146 |
| Number of Months | 7 |
| Sell/Inv. Ratio | 15.07% |
| Days to Sell | 83 |
| Days – Range | 10 to 570 |
| Average Price | $442,233 |
| Median Price | $409,500 |
| Price - Range | $176,500 - $1,240,000 |
| Hottest Neighbourhood | Revelstoke |
Ratio of Sales vs Inventory 11.21%