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North Okanagan 

Real Estate Report 


The Strata market remains challenging for buyers - with more than 20% of active listings selling last month. When we look at the market as a whole, 18.72 % of listings sold. Historically, we can expect less of the market to sell over the next quarter as we slide toward winter market conditions.

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North Okanagan Real Estate Report for September 2019

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 2 3 minutes read

North Okanagan – Monthly Statistics

Our featured image this month is from Farmstrong Cider - where we hosted our most recent Client Appreciation Event last month. 

Based on information reported to OMREB by REALTORS® September 1st – 30th.

Condo/Apartments

Sales

14

New Listings

19

Current Inventory

63

Number of Months

5

Sell/Inv. Ratio

22.22%

Days to Sell

74

Days – Range

11 to 231

Average Price

$241,177

Median Price

$206,000

Price - Range

$97,000  -  $635,000

Hottest Neighbourhood

Silver Star


Condo/Townhouses

Sales

35

New Listings

33

Current Inventory

131

Number of Months

4

Sell/Inv. Ratio

26.72%

Days to Sell

76

Days – Range

8 to 268

Average Price

$353,879

Median Price

$355,000

Price - Range

$165,000 - $722,500

Hottest Neighbourhood 

Okanagan Landing


Lots & Acreages

Sales

16

New Listings

21

Current Inventory

300

Number of Months

19

Sell/Inv. Ratio

5.33%

Days to Sell

108

Days – Range

29 to 358

Average Price

$298,460

Median Price

$220,000

Price - Range

$45,000  -  $1,500,000

Hottest Neighbourhood 

North BX



Residential – Single Family Homes

Sales

81

New Listings

114

Current Inventory

489

Number of Months

6

Sell/Inv. Ratio

16.56%

Days to Sell

61

Days – Range

2 to 528

Average Price

$514,173

Median Price

$475,000

Price - Range

$240,250 - $2,200,000

Hottest Neighbourhood 

East Hill


Ratio of Sales vs Inventory                 18.72%

PLEASE NOTE: Average prices indicate market trending only. They do not reflect actual prices which vary from house to house and area to area. The Median sale price is the midpoint of sales during the month. The Average and Median Sold Prices are for Single Family Homes and do not include Residential Waterfront Properties.

Thinking of making a Change?

For help, not hype - 

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