It was another steady week in North Okanagan real estate sales, with our search showing 28 properties achieving the Sold status. Here is an overview of what things looked like in Vernon BC and surrounding area real estate.
For more details about specific properties check out What SOLD this week.
Lots & Acreages:
2 properties sold after an average of 142 days as active listings. The median list price of these properties was $249,000 and the median sale price was $240,000. On average the seller accepted 96.7% of asking price. One of these properties was a small acreage in Spallumcheen overlooking Okanagan Lake.
Manufactured Homes:
The manufactured homes that sold were listed for a range of 34 to 316 days. The 4 manufactured homes sold averaged a list period of 141 days. The median list price of manufactured homes sold was $146,900. Manufactured homes sold last week for a median sale price of $128,500. Sellers accepted an average of 89.2% of asking price with individual results ranging from a minimum 81% to a high of 103.3% indicating a multiple offer situation.
Single Family Residential Homes:
Single family is the largest category of property type. It includes duplex and triplex as well as residences on acreages. Fourteen homes listed for sale in the North Okanagan sold in the last week. These homes reflected list periods of from 13 to 374 days with the average number of days for a home on the market in the North Okanagan equalling 118. The median or middle of the range of list prices for the homes for sale that sold last week was $354.250 and the corresponding median sale price was $340,000. Sale prices on single family homes ranged from $172,500 to $665,000 on list prices ranging from $182,999 to $669,900. On average sellers accepted 97.3% of the list price. Single family homes sellers obtained a range of from 92.8% of asking to a maximum of 101.8%. Two properties sold for 100% or more of asking price.
Strata Properties:
The results for strata properties include apartments, townhomes,(attached, semi detached and detached) and condos. The past week saw 8 properties of this kind move to sold status in the North Okanagan. On average these properties showed an active list period of 109 days with durations ranging from 13 - 356 days. The median list price was $225,950 and median sold price equalled $217,000. Sold prices ranged from $118,000 to $410,000 with sellers realizing an average of 95.4% of list price in a range of from 87.5% to 100%.
| North Okanagan Properties Sold | ||||||||
| Sept 14 - 20, 2009 | ||||||||
| Status = Sold | ||||||||
| DOM | Type | Price | Sold Price | Address | City | |||
| Residential Type = Lots and Acreages | ||||||||
| 124 | Lots and Acreages | $199,000.00 | $195,000.00 | 7104 Jasper | Vernon | |||
| 159 | Lots and Acreages | $299,000.00 | $285,000.00 | 427 Lot 7 Golfview | Spallumcheen | |||
| Average | 141.5 | Median Price | $249,000.00 | $240,000.00 | ||||
| Residential Type = Manufactured Home | ||||||||
| 316 | Manufactured Home | $32,500.00 | $28,000.00 | 15401 171 Kalamalka Lake | Coldstream | |||
| 34 | Manufactured Home | $109,900.00 | $95,000.00 | 4137 38 Spallumcheen | Armstrong | |||
| 151 | Manufactured Home | $199,900.00 | $162,000.00 | 6688 74 Tronson | Vernon | |||
| 63 | Manufactured Home | $183,900.00 | $189,900.00 | 549 Mountview | Vernon | |||
| Average | 141 | Median Price | $146,900.00 | $128,500.00 | ||||
| Residential Type = Single Family Residential | ||||||||
| 63 | Single Family Residential | $182,999.00 | $172,500.00 | 733 Franklyn | Lumby | |||
| 34 | Single Family Residential | $249,900.00 | $232,000.00 | 4410 20th | Vernon | |||
| 59 | Single Family Residential | $249,000.00 | $247,500.00 | 1702 31 | Vernon | |||
| 140 | Single Family Residential | pppp |
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