Okanagan Shuswap Residential Real Estate: Weekly MLS Stats and Sold Report Sept 11 ,2011 available now

Seven more residential real estate sales occurred in the Okanagan Shuswap Region (Okanagan Mainline Real Estate Board) in the week of September 5^th, to September 11.2011 inclusive compared to the week prior.

 

The increase value traded inched up from $38,589,396 to$38,907,325.  The makeup of the sales saw an increase in Manufactured Homes, Apartments and Townhomes, and a decrease in Single Family Homes, which is reflected in the drop in the average sale price. Here are the stats:

 

Okanagan Shuswap Residential Properties Sold (110)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$29,900	$20,000	1	1	1
	Max	$2,295,000	$2,050,000	814	7	6	6688
	Avg	$372,974	$353,703	127	3	2	1770
	Sum	$41,027,188	$38,907,325

 

Of the 110 real estate transactions, they broke down in to the following categories:

·         Lots and Acreage                    8  sold

·         Manufactured Home             14  sold

·         Recreation                              0  sold

·         Single Family Residence        53  sold

·         Apartments                             22  sold

·         Townhouse                             13  sold

 

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

 

Here is a look at the overall sales volume for each zone in the region

 

Central Okanagan Properties: Sold (66) $25,782,510

Visit our Central Okanagan Real Estate Stats Page for more information

 

North Okanagan Properties Sold: (26) $25,782,510

Visit Our North Okanagan Real Estate Stats Page for more information

 

Shuswap Properties Sold: (18) $5,153,015

Visit Our Shuswap Real Estate Stats Page for more information

 

 

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!”

 

Posted via email from brell's posterous

FYI: Phoenixr real estate market update - a mixed bag.. (Update from a colleague)

I got this following from a colleague online today and thought it would be good to pass it along just because it is "from the horses mouth". I find it is always interesting to get the perspective from a Realtor on the ground who is not a part of the media and has access to the numbers! Hope you do to!

 

Of course - if you are considering buying in this area - Give Matt a call, and tell him Brell sent you!

 

Ciao for now,

Brell - Your Okanagan Real Estate Umbrella

Brenda Ellis

REALTOR®

Sutton Group - Lakefront Realty

2749 30 Street, Vernon, BC, V1T 5C6

A growing team, a different approach

...we are better together!

Visit my site

Add me on Google+

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Brell,

As we end the summer in Phoenix some pretty incredible things have happened with the real estate market. For one, the available inventory has shrunk to 20,000 homes for sale from 44,000 in November. The median home price is around $113,000. More closed sales are resulting from “normal” transactions and less from short sales and bank-owned foreclosure.

The buyer pool has increased substantially, as people are perceiving that the bottom has arrived or is very close. Investor activity remains strong, still accounting for almost half of all home sales. While this doesn’t speed up a recovery at least the homes are no longer sitting vacant. In June a record sales month for Phoenix was set with more than ......

Click here to read the rest of the article

Warm regards,

Matthew

Connect with Matt on:  

West USA Realty Revelation | 4050 S. Arizona Avenue # 4 | Chandler | AZ | 85248

Add mdtscoates@cox.net to your safe senders list. Click here for directions

 

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Posted via email from brell's posterous

The crispness in the morning mir means the countdown to Okanagan Fall Wine Festival is underway. Events Listed!

The fall feel to the morning got me thinking about the Okanagan Fall Wine Festival, so I thought I would dig to see what info I could find about what events are going on this year. If you are unfamiliar with it the Annual Okanagan Fall Wine Festival is wonderful, sensory experience for all who love fabulous wine accompanied by great food & unique events.

Autumn in the Okanagan is the perfect time to watch the grapes ripen in the sun & indulge yourself in the harvest celebrations right in Wine Country! This is the only wine festival in North America that takes place during the heart of grape harvest. During this festival, experience vineyard tours, lunches, dinners, events & the fall wine harvest - there is no better way or time to visit Okanagan wine country.

 

Pamper Your Palate

Time	Sunday, October 9 ·  4:00pm -  7:00pm
Location	Grand Ballrooms - Best Western Vernon Lodge Hotel 3914-32nd Street Vernon, BC

Okanagan restaurants and Okanagan wineries combine to offer a culinary masterpiece that is sure to "Pamper Your Palate"
Come taste wines from over 25 British Columbia Wineries and 12 over Vernons Best Restaurants. Come bid on silent auction items benefiting the "Vernon Music School"
Tickets - $40.00 includes HST
Available from the Ticket Seller in the Preforming Arts Centre
Online at www.ticketseller.ca
or by calling the box office
250-549-7469

BC Wine Awards Reception & Tasting
September 29, 7:00pm–9:00pm.
Rotary Centre for the Arts                     
 $50 CDN
 
Join us for this rare treat event that includes the announcement of award winning wines from our 2011 Fall Judging Competition. Sponsored by Richards Packaging, Meyers Norris Penny, Farm Credit Canada and Container World, and judged by world renowned judges judging the wines produced by our member wineries. The reception includes fabulous tapas and canapés and the opportunity to be one of the few to taste a selection of some of these award-winning wines. Website www.OkanaganWineAwards.com.

Tickets at Select Your Tickets 250.717.5304
or www.selectyourtickets.com
........................................................................................
WestJet Wine Tastings
September 30 & October 1, 6:30pm–9:00pm
Rotary Centre for the Arts $65 CDN
 
Sip! Sample! Spit! This event is for those who want to explore some of the finest wines that are being produced right here in Okanagan Wine Country. A great event for those trying wines for the first time as well as those who want to expand their wine knowledge. There are over 40 wineries present and over 150 wines to sample. Ticket includes: souvenir wine glass, wine tasting, bread and cheese, a free taxi ride home and the wonderful fun culture of WestJet airlines. This event always sells out buy your tickets early!!

Tickets at Valley First Tix 877.763.2849
or www.valleyfirsttix.com
........................................................................................
Fortis BC Salute To Food and Wine
October 2, 6:00pm–8:30pm
Manteo Resort $85 CDN
 
An exciting new evening that will showcase the region’s leading culinary talents and great Okanagan wines. Join Chef Bernard from the Wild Apple, Mathew Batey from Mission Hill Family Estate and two other guest chefs as they prepare local cuisine in small plates paired with some of the most storied wineries in the Okanagan. Each chef will also conduct a live cooking demonstration using natural gas and patrons get to take home the chef ’s recipes. Inspired food, innovative wines, and spectacular views make this event a wonderful time for friends to celebrate together. This is a get home safe event, sponsored by BC Liquor Stores and the Johnston Meier Insurance Group.

Tickets at Select Your Tickets call 250.717.5304
or www.selectyourtickets.com
........................................................................................
Battle of the Wine Experts
October 4, 7:00pm
Rotary Centre for the Arts $50 CDN
 
For you wine lovers and those who have an insatiable curiousity, welcome to our first ever panel of wine experts who will argue, debate and
perhaps throw grapes at each other as they debate the merits of Meritage in the Okanagan. Taste and compare 6 different Red Meritage wines
from the Okanagan, ask questions of the panel as they offer their opinions of this wonderful red blend that has become a successful brand for Okanagan wineries worldwide. After the panel discussion, we will close the event with a food and wine reception to allow all panellists and guest to network and exchange their favourite stories. This is a get home safe event, sponsored by BC Liquor Stores and the Johnston Meier
Insurance Group.

Tickets at Select Your Tickets 250.717.5304
or www.selectyourtickets.com
........................................................................................
Alexis de Portneuf presents “The Young Chefs”
October 6, 6:00pm–8:30pm
Culinary Arts Centre at Okanagan College
 $55 CDN
 
Never before has this been done! Alexis de Portneuf is challenging nine BC Interior young Chefs to get creative. The challenge is to create an appetizer, main or dessert course using cheese. Guests will sample these creations and will vote for their favourite. The Okanagan Chefs Association will also select the winner of the Saputo Top Young Chef Award. Join us as we see the best young culinary talent in action. This is a get home safe event, sponsored by BC Liquor Stores and the Johnston Meier Insurance Group.

Tickets at Select Your Tickets 250.717.5304
or www.selectyourtickets.com
........................................................................................
All You Need Is Cheese... and Some Wine.
October 5, 7:00pm–9:00pm
Watermark Beach Resorte
 $55 CDN
 
Cheese lovers rejoice! Sure to please any cheese lover; join Dairy Farmers of Canada and Okanagan Wineries as you walk about the Okanagan Heritage Museum visiting our cheese and wine stations.
Guests will enjoy Canadian cheeses paired with fabulous wines. This event will be fun, relaxing, educational and guaranteed to have you leaving with a shopping list of your new favourite cheeses. This is a get home safe event, sponsored by BC Liquor Stores and the Johnston Meier Insurance Group.

Tickets at Select Your Tickets 250.717.5304
or www.selectyourtickets.com
........................................................................................
Valley First Grand Finale Consumer Tastings
October 7 & 8, 6:00pm–9:00pm
Penticton Trade & Conv Centre
 $62 CDN
 
Valley First brings you the oldest and largest event of the fall wine festival. This is a wine tour under one roof!!! This event is for those who want to explore some of the finest wines that are being produced right here in our back yards. A great event for those trying wines for the first time as well as those who want to expand their wine knowledge. There are over 60 wineries present and over 240 wines to sample. Ticket includes: enjoyable live entertainment,
souvenir wine glass, all your wine tasting, bread and cheese and a free taxi ride home. This is a get home safe event, sponsored by BC Liquor Stores and the Johnston Meier Insurance Group.

Tickets at Valley First Tix 877.763.2849 or valleyfirsttix.com

Cheers!

Brell - Your Okanagan Real Estate Umbrella

Brenda Ellis

REALTOR®

Sutton Group - Lakefront Realty

2749 30 Street, Vernon, BC, V1T 5C6

A growing team, a different approach

...we are better together!

Visit my site

Add me on Google+

Follow me on Twitter

Join me on Facebook

 

Over $38,500,000 in MLS Residential Property value traded. What Sold in Okanagan Shuswap Real Estate? Sept. 4, 2011 edition

 

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

Ten fewer residential real estate  sales in the Okanagan Shuswap Region ( Okanagan Mainline Real Estate Board) in the week of August 29 – September 4^th, 2011  compared to the week prior resulted in drop in value traded from $46,220,372 to$38,589,396 . Here are this weeks numbers:

Okanagan Shuswap Residential Properties Sold (103)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$44,900	$41,500	10	1	1
	Max	$2,125,000	$1,935,000	498	6	6	6367
	Avg	$396,807	$374,654	110	3	2	1826
	Sum	$40,871,095	$38,589,396

 

Of the 103 real estate transactions, they broke down in to the following categories:

·         Lots and Acreage                    10  sold

·         Manufactured Home             6 sold

·         Recreation                              0  sold

·         Single Family Residence        62  sold

·         Apartments                             16  sold

·         Townhouse                             9  sold

 

 

 

Here is a look at the overall sales volume for each zone in the region

 

 

 

 

Central Okanagan Properties: Sold (64) $26,011,396

Visit our Central Okanagan Real Estate Stats Page for more information

 

 

 

North Okanagan Properties Sold: (22) $8,041,200

Visit Our North Okanagan Real Estate Stats Page for more information

 

 

 

Shuswap Properties Sold: (15) $4,536,800

Visit Our Shuswap Real Estate Stats Page for more information

 

 

 

 

 

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!”

 

 

 

Brell - Your Okanagan Real Estate Umbrella

 

Brenda Ellis
REALTOR® 

 

Sutton Group - Lakefront Realty  

 

2749 30 Street, Vernon, BC, V1T 5C6 

 

A growing team, a different approach
...we are better together! 

 

Visit my site 

 

Add me on Google+

 

Follow me on Twitter

 

Join me on Facebook

Posted via email from brell's posterous

HST and Real Estate Purchases - Latest Okanagan Update

Just got this update from OMREB about HST... No real answers yet.. but we are working on it:

 

"On Tuesday, September 6th, OMREB Representatives met with local MLAs including Stewart, Letnik, Thompson, Foster which was also attended by various stakeholders related to the industry including Canadian Home Builders – Central Okanagan Chapter, Urban Development Institute, Chamber of Commerce and Southern Interior Construction Association.

In that meeting, we all impressed that government needs to get something figured out fast and that we cannot wait for answers regarding establishing transitional rules. We asked them to impress to the Finance Minister that strong and decisive leadership is needed now. Projects are on hold and many consumers are taking a wait and see approach. In that meeting, there were a number of proposals and ideas put forth regarding what might stimulate consumers to action, and various formulas were discussed whereby government could mitigate the negative impact of unraveling the current tax system making way for the reintroduction of the PST and GST.

Last week, BCREA contacted the Minister of Finance urging the speedy creation of transition rules and asked for clarification on whether PST will apply to new homes and how real estate commissions will be taxed. Real Estate Boards and REALTORS® across the province are getting lots of questions. It is difficult for a REALTOR® to offer professional counsel to their clients in light of these circumstances.

As the transition is not expected to be complete until March 31, 2013, this means some potential new home buyers may put off their purchases until that time if they sense that there is not a concrete plan and transition rules set forth. In particular, we know well that our market in this region is particularly sensitive to these issues of taxation given our recreational and secondary home markets for both new construction and resale."

Will keep you posted!

Posted via email from brell's posterous

Okanagan Shuswap Real Estate MLS Market Report: What Sold? August 28, 11 weekly stats update

 

Here is an overview of  the sale of residential real estate sold in the Okanagan Shuswap Region (Okanagan Mainline Real Estate Board) in the week of August 22-28 inclusive:

 

Okanagan Shuswap Residential Properties Sold (113)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$35,900	$35,900	10	1
	Max	$7,480,000	$7,550,000	486	6	4	4502
	Avg	$427,087	$409,030	131	3	2	1585
	Sum	$48,260,866	$46,220,372

 

Of the 113 real estate transactions, they broke down in to the following categories:

·         Lots and Acreage                    14  sold

·         Manufactured Home             6 sold

·         Recreation                              0  sold

·         Single Family Residence        61 sold

·         Apartments                             19 sold

·         Townhouse                             13  sold

 

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

 

Here is a look at the overall sales volume for each zone in the region

 

Central Okanagan Properties: Sold (64) $31,643,672

Visit our Central Okanagan Real Estate Stats Page for more information

 

North Okanagan Properties Sold: (34) $11,092,800

Visit Our North Okanagan Real Estate Stats Page for more information

 

Shuswap Properties Sold: (15) $3,483,900

Visit Our Shuswap Real Estate Stats Page for more information

 

 

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!”

 

Brell - Your Okanagan Real Estate Umbrella

Brenda Ellis
REALTOR®

Sutton Group - Lakefront Realty

2749 30 Street, Vernon, BC, V1T 5C6

A growing team, a different approach
...we are better together!

Visit my site

Add me on Google+

Follow me on Twitter

Join me on Facebook

Posted via email from brell's posterous

A Toast to Hester Creek Pinot Gris on Wine Wednesday

HI!

I was introduced to this wonderful local wine by clients from Edmonton, who are considering moving to the Okanagan to indulge there love of Wine, great views and good times. We shared a bottle of this out at Alexander's Beach Pub with lunch.

 

It was a perfect crisp and refreshing choice, and I will buy it again to pair with my next salmon dinner!

 

I was surprised to see the color of the grape was so  blueish .. and thus where it gets its gris (french for grey) and learned that the grapes can vary in color. The wines produced from this grape also vary in colour from a deep golden yellow to copper and even a light shade of pink.

 

When I learned that the clone of the Pinot Gris grown in Italy is the Pinot Grigio my surprise at my immediate fondness for the wine was explained, as I am a huge Pinot Grigio fan!

 

The vines of pinot noir and pinot gris  are so similar that the colouration difference is the only thing that tells them apart, and it is believed that the colour difference is derived from a genetic mutation that occurred centuries ago. The DNA profiles are reported to be remarkably similar.

 

Here is a hearty Cheers! to the Hester Creek Pinot Gris! Put it on your list of wines to try!

 

Ciao,

Brell

HC%20Pinot%20Gris%202010.pdf Download this file

Okanagan Wine Case Special at Bonitas

Here is the latest update from Bonita's... Great wine and great people! Love the Merlot and the Rosa... And many others! Taste a few and find what you like!
Cheers!
Brell

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You asked us to bring back this special deal.....

and we listened! 

 
This September Long weekend only

Our case special

 

 

BUY 1 CASE OF REGULAR PRICED WINE,

GET 1 BOTTLE FREE

(Up to a maximum of $21.00)

 

 Bonitas Bistro is open 7 days

a week for lunch. 

Full course dinners coming soon!

Please visit www.bonitasbistro.com <http://bonitaswinery.us1.list-manage.com/track/click?u=652b4fc3cbe95a7724af63937&id=40ea8a8fb3&e=96450aa6df>
 

Hope to see you here!  

 
Our mailing address is:
Bonitas Winery
20623 McDougald Road
Summerland, BC V0H1Z6

Copyright (C) 2011 Bonitas Winery All rights reserved.