Friday, October 7, 2011

A Clue to the North Okanagan Real Estate Market: Sept. 2011 Residential MLS Stats

NORTH Okanagan Real Estate Market Update for September  2011

Condo / Apartment

 

Listings Sold

10

New Listings

16

Current Inventory

158

Absorption Rate

6.33%

Days to Sell

277

Range

59 - 834

Average Price

$155,250

Median Price

$148,000

Range

$65,000 -$349,000

Hottest Neighbourhood

35th Ave

 

Condo / Townhouse

 

Listings Sold

10

New Listings

40

Current Inventory

250

Absorption Rate

4.00%

Days to Sell

143

Range

24 - 411

Average Price

$232,640

Median Price

$246,250

Range

$58,900 - $370,000

Hottest Neighbourhood

Okanagan Landing

 

Building Lot

 

Listings Sold

8

New Listings

44

Current Inventory

327

Absorption Rate

2.45%

Days to Sell

118

Range

27 - 191

Average Price

$171,613

Median Price

$170,000

Range

$27,900 - $340,000

Hottest Neighbourhood

           Bella Vista  / Okanagan Landing

2 parcels were acreages

Residential

 

Listings Sold

46

New Listings

134

Current Inventory

816

Absorption Rate

5.64%

Days to Sell

119

Range

11 - 488

Average Price

$401,684

Median Price

$363,500

Range

$60,000 - $810,00

Posted via email from brell's posterous

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