Okanagan Real Estate Umbrella - Vernon BC REALTOR Brenda Ellis, aka Brell: Autumn is in the Air - but a rise in sales tells this weeks real estate story.

After a few weeks of declining numbers, we see the Central Okanagan and Shuswap residential real estate sales rebound significantly over the past week, while the North Okanagan held fairly steady, with a decline of only one transaction. Overall 25 more transactions were reported between Oct. 1 - 7 than in the last week of September.

As expected this had a dramatic effect (just short of $16,000,000) on the total value traded. Average Sale price was almost $75,000 higher overall, and the most expensive property sold was worth $1,250,000 more.

Okanagan Shuswap Residential MLS Properties Sold (109) Oct. 1-7, 2012
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$19,900	$13,700	6	1
	Max	$2,785,000	$2,750,000	1289	5	5	6400
	Avg	$409,450	$380,927	137	3	2	1924
	Sum	$44,630,007	$41,520,990

Look at WHAT sold in order to determine what is really going on in the 3 zones of Okanagan Shuswap Real Estate.

Lots & Acreages: 4 sold, down from 7 sold,

Manufactured Homes: 7 sold, down from 8 sold,

Recreation: 1 sold, up from 0 sold,

Single Family Homes: 73 sold, up from 36 sold,

Apartments: 11 sold, down from 17 sold,

Townhomes: 13 sold, down from 17 sold,

24 residential MLS sales were reported Oct. 1 - 7 in the North Okanagan. Average sale price this week was $296,834, and the average days to sell was 175. Combined sales values were higher this week, at $7,124,025.

65 sales of residential MLS properties were reported by Realtors in Central Okanagan Oct. 1 - 7, 2012. The average sale price was almost $100,000 higher, bouyed by a $2,750,000 sale. Average days on the market was 109, and a combined value of over $28 Million resulted.

The number of residential MLS sales reported Oct. 1- 7, 2012 in the Shuswap was double that of the week prior at 20. The average sale price recorded was $319,076 an increase of over $120,000!!. Combined sales volume this week was over $6,381,000.

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