Winding Up 2012 Weekly Reports

December 30, 2012

 

Here it is - our last weekly report on the local real estate market for 2012. Naturally, with the holidays observed by most - the volume of sales dropped by almost 2/3's of the previous week. This slowdown will likely stabilize after next week - into a normal winter level as people get back to the reality of life in the New Year.

 Average sale price across the region was pretty stable at $343,610 compared to $347,775,  last week. With the total volume reported on only 23 sales transactions,  overall Value was down about $16 Million dollars. The Central Okanagan far outpaced the North Okanagan and Shuswap  with 18 sales, compared to 4 and 1 respectively.

 

Okanagan Shuswap Residential MLS® Properties Sold (23) Dec. 24 - Dec. 30, 2012
List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
Min	$34,900	$33,500	17	1	1
Max	$799,900	$726,000	320	5	4	2985
Avg	$361,578	$343,610	126	3	3	1717
Sum	$8,316,298	$7,903,025

 

 Compared to last week:

 

Okanagan Shuswap Residential MLS® Properties Sold (70) Dec. 17 - 23, 2012
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$49,900	$44,000	10	1	1
	Max	$2,199,000	$2,000,000	834	6	5	3991
	Avg	$366,730	$347,755	148	3	2	1685
	Sum	$25,671,100	$24,342,823

 

Properties reported as sold were comprised of the following types:

Land: - Lots and Acreages 1 sold, down from 10 sold, 

Manufactured Homes: - 1 sold,  unchanged

Recreational: - 0 sold,  unchanged

Single Family Homes:- 14 sold, down from 41 sold,  

Apartments:- 4 sold, down from 9 sold,  

Townhomes:- 3 sold, down from 9 sold,

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

 Only 4 properties were reported as Sold in the North Okanagan Dec. 24 - 30, with a combined sales value of $1,213,500. Average sale price was $303,375 and average days to sell equalled 166. 

A combined sales total of $6,366,525 was reported between Dec. 24 - Dec. 30 for the Central Okanagan Residential MLS®. Average days to sell on the 18 properties that moved to sold status was 107. Average sale price was $353,696 

Only 1 property was reported sold in the Shuswap Dec 24 - 30. This home in Blind Bay sold for $323,000 after 313 days on the market. 

Later in the week - we will begin our 2012 Neighbourhood Real Estate Reporting Reviews so check back often for more details. 

 

All data from the OMBREB Database. Totals include variables in any given due to previous month’s collapsed sales and deleted listings. e & eo 

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 If you or anyone you know is looking for real estate services, I'd love to help.

Brell - Your Okanagan Real Estate Umbrella 250-308-4310
Brenda Ellis REALTOR®

Sutton Group - Lakefront Realty 
2749 30 Street, Vernon, BC, V1T 5C6

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

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Posted via email from brell's posterous

Winding Up 2012 Weekly Reports

December 30, 2012

 

Here it is - our last weekly report on the local real estate market for 2012. Naturally, with the holidays observed by most - the volume of sales dropped by almost 2/3's of the previous week. This slowdown will likely stabilize after next week - into a normal winter level as people get back to the reality of life in the New Year.

 Average sale price across the region was pretty stable at $343,610 compared to $347,775,  last week. With the total volume reported on only 23 sales transactions,  overall Value was down about $16 Million dollars. The Central Okanagan far outpaced the North Okanagan and Shuswap  with 18 sales, compared to 4 and 1 respectively.

 

Okanagan Shuswap Residential MLS® Properties Sold (23) Dec. 24 - Dec. 30, 2012
List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
Min	$34,900	$33,500	17	1	1
Max	$799,900	$726,000	320	5	4	2985
Avg	$361,578	$343,610	126	3	3	1717
Sum	$8,316,298	$7,903,025

 

 Compared to last week:

 

Okanagan Shuswap Residential MLS® Properties Sold (70) Dec. 17 - 23, 2012
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$49,900	$44,000	10	1	1
	Max	$2,199,000	$2,000,000	834	6	5	3991
	Avg	$366,730	$347,755	148	3	2	1685
	Sum	$25,671,100	$24,342,823

 

Properties reported as sold were comprised of the following types:

Land: - Lots and Acreages 1 sold, down from 10 sold, 

Manufactured Homes: - 1 sold,  unchanged

Recreational: - 0 sold,  unchanged

Single Family Homes:- 14 sold, down from 41 sold,  

Apartments:- 4 sold, down from 9 sold,  

Townhomes:- 3 sold, down from 9 sold,

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

 Only 4 properties were reported as Sold in the North Okanagan Dec. 24 - 30, with a combined sales value of $1,213,500. Average sale price was $303,375 and average days to sell equalled 166. 

A combined sales total of $6,366,525 was reported between Dec. 24 - Dec. 30 for the Central Okanagan Residential MLS®. Average days to sell on the 18 properties that moved to sold status was 107. Average sale price was $353,696 

Only 1 property was reported sold in the Shuswap Dec 24 - 30. This home in Blind Bay sold for $323,000 after 313 days on the market. 

Later in the week - we will begin our 2012 Neighbourhood Real Estate Reporting Reviews so check back often for more details. 

 

All data from the OMBREB Database. Totals include variables in any given due to previous month’s collapsed sales and deleted listings. e & eo 

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How's The Market? Get CLUE'd IN!

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 If you or anyone you know is looking for real estate services, I'd love to help.

Brell - Your Okanagan Real Estate Umbrella 250-308-4310
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 Share with me on Facebook Share with me on Google+ Share with me on Twitter

 

Residential Property Sales Slide Heading Into The Holiday

December 23, 2012

The fountain at Isla Navidad Golf Course in Mexico reminds us that what we focus on is what we see.

Back in the Okanagan Shuswap - Snow piles up and sales slow down....

Average sale price across the region was $347,775, down from $350,710 last week. Accordinly, the total volume reported for the 70 sales transactions was also down about $4 Million dollars. The number of properties reported sold was down to 70 from 78, with the largest decline in the Shuswap

Okanagan Shuswap Residential MLS® Properties Sold (70) Dec. 17 - 23, 2012
List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
Min	$49,900	$44,000	10	1	1
Max	$2,199,000	$2,000,000	834	6	5	3991
Avg	$366,730	$347,755	148	3	2	1685
Sum	$25,671,100	$24,342,823

Compared to last week: 

Okanagan Shuswap Residential MLS® Properties Sold (78) December 10 -16
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$19,900	$12,000	14	1
	Max	$1,897,000	$1,750,000	1361	6	5	4809
	Avg	$368,460	$350,710	148	3	2	1772
	Sum	$28,739,899	$27,355,400

Properties reported as sold were comprised of the following types:

Land: - Lots and Acreages 10 sold, up from 8 sold, 

Manufactured Homes: - 1 sold, down from 2 sold,  

Recreational: - 0 sold, down from 2 sold, 

Single Family Homes:- 41 sold, up from 39 sold, 

Apartments:- 9 sold, down from 16 sold, 

Townhomes:- 9 sold, down from 11 sold, 

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

 

All data from the OMBREB Database. Totals include variables in any given due to previous month’s collapsed sales and deleted listings. e & eo 

Get our Newsletter? Be a subscriber!

How's The Market? Get CLUE'd IN!

* indicates required

Email Address*

Email Format

• html
• text
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 If you or anyone you know is looking for real estate services, I'd love to help.

Brell - Your Okanagan Real Estate Umbrella 250-308-4310
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 Share with me on Facebook Share with me on Google+ Share with me on Twitter

Residential Property Sales Slide Heading Into The Holiday

December 23, 2012

The fountain at Isla Navidad Golf Course in Mexico reminds us that what we focus on is what we see.

Back in the Okanagan Shuswap - Snow piles up and sales slow down....

Average sale price across the region was $347,775, down from $350,710 last week. Accordinly, the total volume reported for the 70 sales transactions was also down about $4 Million dollars. The number of properties reported sold was down to 70 from 78, with the largest decline in the Shuswap

Okanagan Shuswap Residential MLS® Properties Sold (70) Dec. 17 - 23, 2012
List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
Min	$49,900	$44,000	10	1	1
Max	$2,199,000	$2,000,000	834	6	5	3991
Avg	$366,730	$347,755	148	3	2	1685
Sum	$25,671,100	$24,342,823

Compared to last week: 

Okanagan Shuswap Residential MLS® Properties Sold (78) December 10 -16
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$19,900	$12,000	14	1
	Max	$1,897,000	$1,750,000	1361	6	5	4809
	Avg	$368,460	$350,710	148	3	2	1772
	Sum	$28,739,899	$27,355,400

Properties reported as sold were comprised of the following types:

Land: - Lots and Acreages 10 sold, up from 8 sold, 

Manufactured Homes: - 1 sold, down from 2 sold,  

Recreational: - 0 sold, down from 2 sold, 

Single Family Homes:- 41 sold, up from 39 sold, 

Apartments:- 9 sold, down from 16 sold, 

Townhomes:- 9 sold, down from 11 sold, 

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

 

All data from the OMBREB Database. Totals include variables in any given due to previous month’s collapsed sales and deleted listings. e & eo 

Get our Newsletter? Be a subscriber!

How's The Market? Get CLUE'd IN!

* indicates required

Email Address*

Email Format

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• text
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 If you or anyone you know is looking for real estate services, I'd love to help.

Brell - Your Okanagan Real Estate Umbrella 250-308-4310
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 Share with me on Facebook Share with me on Google+ Share with me on Twitter

Posted via email from brell's posterous

Average price $350,710 on residential MLS® sales last week

December 16, 2012

These are the weathered hands of mi amiga "Andrina" who remains my favoured Native Mexican beach entrepeneur. There is a warmth to her that I just love - here she modifies a necklace. 

Back in Canada's Okanagan Shuswap,the number of sales transactions held fairly steady with a decline of only one from 79 to 78. The average sale price dropped to $350,710 from $384,489  and total sales volume was  down substantially, from$30,374,656 last week to $27,355,400.

Get the big picture on our blog

 

Okanagan Shuswap Residential MLS Properties Sold (78) December 10 -16
List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
Min	$19,900	$12,000	14	1
Max	$1,897,000	$1,750,000	1361	6	5	4809
Avg	$368,460	$350,710	148	3	2	1772
Sum	$28,739,899	$27,355,400

 

 Compared to:

 

Okanagan Shuswap Residential MLS Properties Sold (79)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$49,900	$47,500	10	1	1
	Max	$2,649,000	$2,500,000	909	5	4	4240
	Avg	$407,661	$384,489	161	3	2	1650
	Sum	$32,205,217	$30,374,656

 

 

Properties reported as sold were comprised of the following types:

Land: - Lots and Acreages 8 sold, up from 6 sold, 

Manufactured Homes: -2 sold, down from 3 sold,  

Recreational: - 2 sold, up from1 sold,

Single Family Homes:- 39 sold, down from 42 sold, 

Apartments:- 16 sold, up from 13 sold, 

Townhomes:- 11 sold, down from14 sold, 

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

 

If you or anyone you know is looking for real estate services, I'd love to help.

Brell - Your Okanagan Real Estate Umbrella 250-308-4310
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 Share with me on Facebook Share with me on Google+ Share with me on Twitter

 o

 

 

Dec. 9, 2012 Average Real Estate Sale Price = $384,489

December 9

Here is an element from Mexican Real Estate taken recently on my time here.

Meanwhile, back in Canada - here is a look at local real estate:

Transactions reported this week dropped to 79 from  95 reported the week prior. The average sale price rose to $384,489 from  $358,471 and total sales volume was $30,374,656 compared to $34,054,706. We published the November Monthly reports this week, and you can read them on our blog.

 

Okanagan Shuswap Residential MLS Properties Sold (79)
List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
Min	$49,900	$47,500	10	1	1
Max	$2,649,000	$2,500,000	909	5	4	4240
Avg	$407,661	$384,489	161	3	2	1650
Sum	$32,205,217	$30,374,656

 

 Compared to:

 

Okanagan Shuswap Residential MLS Properties Sold (95) Nov. 26 - Dec. 2
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$15,000	$9,999	4	1	1
	Max	$1,179,000	$1,088,000	809	8	5	5680
	Avg	$374,596	$358,471	137	3	3	1998
	Sum	$35,586,597	$34,054,706

 

 

 

Properties reported as sold were comprised of the following types:

Land: - Lots and Acreages 6 sold, down from 7 sold, 

Manufactured Homes: - 3 sold, up from 1 sold, 

Recreational: - 1 sold, up from 0 sold

Single Family Homes:- 42 sold, down from 63 sold, 

Apartments:-13 sold, unchanged

Townhomes:- 14 sold, up from 11 sold, 

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

 

All data from the OMBREB Database. Totals include variables in any given due to previous month’s collapsed sales and deleted listings. e & eo 

Get our Newsletter? Be a subscriber!

How's The Market? Get CLUE'd IN!

* indicates required

Email Address*

Email Format

• html
• text
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 If you or anyone you know is looking for real estate services, I'd love to help.

Brell - Your Okanagan Real Estate Umbrella 250-308-4310
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 Share with me on Facebook Share with me on Google+ Share with me on Twitter

 

Posted via email from brell's posterous