Sunday, January 30, 2011

Okanagan Shuswap Real Estate: What's Selling? Jan. 23 Sold Reports are out.

The North Okanagan (Vernon and area) carries the weight of the increase in Okanagan Shuswap sales results this week, with the Shuswap zone up slightly, and sales in the Central Okanagan (Kelowna and area )zone declining by 3 sales.

Okanagan Shuswap Properties: Sold (83) up 9

List Price

Sold Price

DOM

Beds

Total Baths

Finished Floor Area

Min

$47,900

$45,000

1

1

Max

$1,795,000

$1,600,000

637

5

4

4258

Avg

$380,151

$361,750

131

3

2

1801

Sum

$31,552,499

$30,025,250

Visit our Website Blog for this same synopsis on individual region real estate.

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Central Okanagan Properties: Sold (52) totalling $20,903,550

Visit our Central Okanagan Real Estate Stats Page for more information

North Okanagan Properties Sold: (23) totalling $6,789,600

Visit Our North Okanagan Real Estate Stats Page for more information

Shuswap Properties Sold: (8)totalling $2,332,100

Visit Our Shuswap Real Estate Stats Page for more information

The chart below looks back at the number of sales per zone for the last 4 weeks.

In the Okanagan Shuswap real estate region in January 2010, a total of 391 residential real estate sales were recorded. So far in January, 2011 we have seen 265 properties move to sold status. It will be interesting to see where numbers will sit come the end of the month. Given the rate of increase week over week regionally – it would look that if we continue at the same pace we should see the number of property sales at near last year’s results. Overall 2010 saw properties move at a ratio of 12.6 per day, and currently we have seen demand in the rate of 11.5 per day.

The last week of the month will tell the tale.

If you’d like to chat about Real Estate by the Numbers, feel free to contact us. When it comes to market stats and trends, “We’ve got you covered!”

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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