This North Okanagan Real Estate Update covers the areas of: Vernon, Coldstream, Falkland, Armstrong, Enderby and Lumby.
Updated Stats for Residential Homes in the North Okanagan:
26.99% (this is how much of what is currently on the market sold last month)
Days to Sell:
5 (how many days on average it is taking to sell a home)
Avg. Sale Price:
$510,372 (averages can be skewed by a few really high, or really low $$ sales)
Median Sale Price:
$460,250 (the exact middle sale price of every residential property sold last month)
Waterfront Home Sales:
4 waterfront homes sold year to date (exact same number as 2017)
North Okanagan overall statistics:
Total Units that were newly LISTED (and active on the market) during each of the past 3 months:
Total Units SOLD (all property types including raw land and commercial) during each of the past 3 months:
Sellers and Buyers: The new real estate rules and changes to the Real Estate Services Act will hit on June 15, 2018. Be prepared for many, many changes when you view/offer/purchase/sell any real estate in this province. We will keep you posted on the many changes!
Please feel free to Contact Us Anytime: Lisa, Gord, Glenn, Alex, Joanne, Greg, Avrill and Christie of the Salt Fowler Team, RE/MAX Vernon – specializing in North Okanagan and Vernon BC Real Estate.