Sunday, October 3, 2010

The Friday File - Okanagan Shuswap Real Estate Market Report . October 1 edition

Here is our look at Okanagan Shuswap - A market activity overview for the last 7 days. This information is pulled from the Okanagan Mainline Real Estate board database and covers all MLS listings in the Okanagan Shuswap real estate trading area served by the Okanagan Mainline Board - from Revelstoke  through Vernon, Kelowna and Summerland and out to Cherryville and Chase.

From Market Watch


Here is an overview of the Sold Properties from this Chart: Status: Sold (112)    7 days Run on Friday October 1st in the morning.

                List Price               Sold Price

Min          $69,000                  $62,500

Max         $2,695,000             $2,400,000

Avg          $402,758                $382,403

Sum         $45,108,938            $42,829,150

From Market Watch

                         List Price             Sold Price 

 Min                  $119,900              $109,000

Max                  $687,000              $655,000

Avg                  $325,630               $309,850 

Sum                $6,512,600             $6,197,000

Look at the CRAZY number of listings that expired at the end of September! It will be interesting to watch the extended and back on the market numbers next week to see if these properties remain active - or if we start to see the traditional reduction of inventory that signals the beginning of the end of the fall market.

See you online,

 Brell ~ Brenda Ellis REALTOR ®

Your Okanagan Real Estate Umbrella

 with  Century 21 Executives Realty Ltd 

 (250)549-2103 Office Reception

1-877-227-4073 Toll Free

(250)308-4310 SMS

Century 21 Executives Realty Ltd.

2907 - 32nd St.

Vernon, BC  V1T 5M2

Posted via email from brell's posterous

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