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The HOLM Stretch | November 1, 2024
Chris Holm & Associates
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
Thanks for stopping by!
October is a wrap! Can you believe we are coming to the end of 2024? As expected,we have certainly noticed the cooler weather, and the cooler market out there, but like always, things are still happening.
The #1 tip for homeowners considering selling soon…
After years of fiery bidding wars and homes going for six figures over the listing price, this market is all about having realistic expectations.
Meaning:
Prepare for a longer sales process and fewer instances of offers over the asking price.
While this shift might seem challenging, it also creates opportunities. Buyers today are more thoughtful, less rushed, and looking for value, which can lead to more serious offers.
Pricing your home correctly from the start has never been more critical. A well-priced home can still attract multiple offers, but overpricing may cause your listing to sit on the market longer, costing you both time and money.
This recalibration isn’t just good news for buyers—it suggests a healthier, more balanced market that can ultimately work in your favor when you partner with the right strategy.
We know that seller expectations are high, but it's crucial to align your expectations with the market realities.
If you want to chat further, don't hesitate to reach out.
We're here to help. 🙌
Scroll down for our regular real estate and community features
Talk soon,
CHRIS, PATRIC, JULIE, JASMINE, KRISTI & BRELL
In North Okanagan Real Estate
As of the morning of Friday November 1, there are 839 homes showing as active listings here in North Okanagan. On October 25, there were 905 homes active.
Sales ranged from $90,000. to $1,315,000. Days to sell ranged from 5 to 370. 58 listings expired, 21 were cancelled.
40 prices were reduced over the last week. 2 prices increased.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$90,000.
Low Sale
38
New Listings
$1,315,000.
High Sale
30
Listings Sold
COMING SOON
ICYMI...
PICKS OF THE WEEK
WHAT'S HAPPENING?
WHAT ELSE WE ARE TALKING ABOUT
Ready to maximize your home buying budget?
Our latest blog post reveals smart strategies to get more house for your money.
From prioritizing must-haves to exploring up-and-coming neighborhoods, learn how to stretch your dollars without compromising on your dream home.
Interested?
How to Maximize Your Budget When Buying a New Home
Learn how to get the most out of your home-buying budget with these smart strategies and m...
P.S. Not sure what you can get for your budget around here? Reach out, and we’ll let you know.
MAKING TRACKS
North Okanagan trail follows what was the longest irrigation system in B.C. - Making Tracks
You can walk (or bike) in the footsteps of North Okanagan workers who built B.C.'s lo...
WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
3
New Listings
4
Listings Sold
2
Price Up
8
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
28
New Listings
22
Listings Sold
0
Price Up
24
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
1
New Listings
3
Listings Sold
0
Price Up
3
Price Down