Sunday, January 27, 2013

Number of sale climbs over last week in Okanagan Shuswap Real Estate

January 27, 2013

Img_0230

I took this photo last February - and wanted to share it with you today to add some colour to your pallette on this rather grey day.

The numbers look a little more "normal" for this time of year this week, with the total number of residential MLS® sales reported in the region up to 75 properties sold. Average sale price is more in line with what we have been experiencing overall as well, sitting at $351,695. Sale prices ranged from $29,000 to $1,515,000 so you know the spectrum of properties sold was vast.  Look at WHAT sold in order to determine what is really going on in the 3 zones of Okanagan Shuswap Real Estate.

Here are the results from our search of the Okanagan Mainline Real Estate Board database this afternoon, based on the following: 

 

Okanagan Shuswap Residential MLS® Properties Sold (75)
List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $29,900 $29,000 8 1 1
Max $1,646,000 $1,515,000 721 10 6 5475
Avg $373,307 $351,695 151 3 2 1788
Sum $27,997,999 $26,377,150  
Criteria:  
Status is 'Sold'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 1/21/2013 to 1/27/2013

 

 

Compared to Last Week:

 

Criteria:  
Status is 'Sold'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 1/14/2013 to 1/20/2013
Okanagan Shuswap Residential MLS® Properties Sold (59) Jan. 14 - 20, 2013
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $19,000 $15,000 12 1    
Max $1,195,000 $1,140,000 1775 5 5 4949
Avg $335,067 $317,755 187 3 2 1715
Sum $19,768,949 $18,747,528

 

 

Properties reported as sold were comprised of the following types: 

Land: - Lots and Acreages  4 sold, down from 6 sold,  

Manufactured Homes: - 4 sold, unchanged

Recreational: - 1 sold, down from 2 sold,   

Single Family Homes:- 48 sold, way up from 27 sold,  

Apartments: 10 sold, up from 9 sold,  

Townhomes: 8 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.

Residential MLS® Properties Sold in Central Okanagan Jan.27, 2013 
Access information on what sold last week in the Central Okanagan! 50 properties were reported as sold, with an average sale price of $373,163. Sales ranged from $29,000 - $1,515,000. Days to sell ranged from 9 - 568 with an average of 136. 

Residential MLS® Properties Sold in North Okanagan Jan. 27, 2013 
Access information on last weeks Sold Properties! 16 properties ranging in price from $50,000 - $600,000 sold last week in the North Okanagan real estate zone. Average sale price reports in at $295,688 this week while average days to sell sits at 198 days. The range of days to sell spanned from 8 - 721. 

Residential MLS® Properties Sold in Shuswap Jan.27, 2013 
Access information on Shuswap Revelstoke residential real estate sold last week. 9 properties were reported sold by REALTORS® January 21-17 in the Shuswap. Properties sale prices ranged from $70,000 - $730,000 and the average sale price calculated out at $332,000. Days to sell averaged 149 and ranged from 36 - 512. 

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

Number of sale climbs over last week in Okanagan Shuswap Real Estate

January 27, 2013

Img_0230

I took this photo last February - and wanted to share it with you today to add some colour to your pallette on this rather grey day.

The numbers look a little more "normal" for this time of year this week, with the total number of residential MLS® sales reported in the region up to 75 properties sold. Average sale price is more in line with what we have been experiencing overall as well, sitting at $351,695. Sale prices ranged from $29,000 to $1,515,000 so you know the spectrum of properties sold was vast.  Look at WHAT sold in order to determine what is really going on in the 3 zones of Okanagan Shuswap Real Estate.

Here are the results from our search of the Okanagan Mainline Real Estate Board database this afternoon, based on the following: 

 

Okanagan Shuswap Residential MLS® Properties Sold (75)
List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $29,900 $29,000 8 1 1
Max $1,646,000 $1,515,000 721 10 6 5475
Avg $373,307 $351,695 151 3 2 1788
Sum $27,997,999 $26,377,150  
Criteria:  
Status is 'Sold'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 1/21/2013 to 1/27/2013

 

 

Compared to Last Week:

 

Criteria:  
Status is 'Sold'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 1/14/2013 to 1/20/2013
Okanagan Shuswap Residential MLS® Properties Sold (59) Jan. 14 - 20, 2013
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $19,000 $15,000 12 1    
Max $1,195,000 $1,140,000 1775 5 5 4949
Avg $335,067 $317,755 187 3 2 1715
Sum $19,768,949 $18,747,528

 

 

Properties reported as sold were comprised of the following types: 

Land: - Lots and Acreages  4 sold, down from 6 sold,  

Manufactured Homes: - 4 sold, unchanged

Recreational: - 1 sold, down from 2 sold,   

Single Family Homes:- 48 sold, way up from 27 sold,  

Apartments: 10 sold, up from 9 sold,  

Townhomes: 8 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.

Residential MLS® Properties Sold in Central Okanagan Jan.27, 2013 
Access information on what sold last week in the Central Okanagan! 50 properties were reported as sold, with an average sale price of $373,163. Sales ranged from $29,000 - $1,515,000. Days to sell ranged from 9 - 568 with an average of 136. 

Residential MLS® Properties Sold in North Okanagan Jan. 27, 2013 
Access information on last weeks Sold Properties! 16 properties ranging in price from $50,000 - $600,000 sold last week in the North Okanagan real estate zone. Average sale price reports in at $295,688 this week while average days to sell sits at 198 days. The range of days to sell spanned from 8 - 721. 

Residential MLS® Properties Sold in Shuswap Jan.27, 2013 
Access information on Shuswap Revelstoke residential real estate sold last week. 9 properties were reported sold by REALTORS® January 21-17 in the Shuswap. Properties sale prices ranged from $70,000 - $730,000 and the average sale price calculated out at $332,000. Days to sell averaged 149 and ranged from 36 - 512. 

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

Getting our Newsletter? Be a subscriber!

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

* indicates required
Email Format
 
 

 

 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

 

 

Sunday, January 20, 2013

Look Beyond the Numbers - Check What Sold

January 20, 2013

Find_some_color

Greetings from Vancouver! Glad to be back in Canada - and getting home to the Okanagan tomorrow. 

You'll notice a big drop in the number of single family homes sold this week - while the number of all other types of residential MLS® transactions were up. This explains a the swing downward in the average sale price ( and last weeks result was abnormally high) Add to that the fact that the most expensive property sold for less than half as much as the week before - and it is not surprising that the total sales volume was WAY down ( over $11,000,000) while the number of transactions was only 8 less.

 

Just over $15 Million in residential MLS® real estate was reported sold in the Central Okanagan, Kelowna BC and area January 14-20, 2013. Sales ranged from $83,000 - $1,140,000 while days to sell were 12 - 1775! Average sale price came in at $352,868.

Vernon BC and area residential real estate for the North Okanagan zone reports a combined sales volume of just over $2.6 Million. Sales ranged from $15,000 to $587500. Days to sell ranged from 17 - 1442. Average sale price this week was $233,000.

In Shuswap Revelstoke, sales were light, with only 4 sales reported for a combined value of less than $900,000. Sale prices ranged from $28,200 to $295,000. Average sale price was $224,550. Days to sell ranged from 45 - 251 this week.

 

Here are the results from our search of the Okanagan Mainline Real Estate Board database this morning, based on the following: 

 

Criteria:  
Status is 'Sold'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 1/14/2013 to 1/20/2013
Okanagan Shuswap Residential MLS® Properties Sold (59) Jan. 14 - 20, 2013
List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $19,000 $15,000 12 1
Max $1,195,000 $1,140,000 1775 5 5 4949
Avg $335,067 $317,755 187 3 2 1715
Sum $19,768,949 $18,747,528

 

Compared to last week: 

 

Okanagan Shuswap Residential MLS® Properties Sold (67) Jan. 7 - Jan. 13, 2013
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $49,900 $45,000 7 1 1  
Max $3,995,000 $3,100,000 412 6 6 6110
Avg $474,663 $442,421 129 3 2 2008
Sum $31,802,388 $29,642,214

 

Properties reported as sold were comprised of the following types: 

Land: - Lots and Acreages  6 sold, up from 3 sold 

Manufactured Homes: - 4 sold, up from 0 sold 

Recreational: - 2 sold, up from 1 sold,  

Single Family Homes:- 27 sold, down from 45 sold,  

Apartments: 9 sold, up from  7 sold,  

Townhomes: 11 sold, up from 3 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!

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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

Sunday, January 13, 2013

Regional Real Estate Sales Pick Up in Week 2

Whale
January 13, 2013

Greetings on my last Sunday in Mexico. The photo above was take this morning in the Bahia de Navidad - and... if you look REALLY closely you might be able to see a Humpback Whale. We were lucky enough to catch a view as we had breakfast in Barra de Navidad. We think there was a recently born calf with this one.

Residential MLS® Properties Sold in Central Okanagan Jan. 13, 2013 
REALTORS® in the Central Okanagan reported 48 property sales between Jan. 7 - 13, 2013. The average sale price $489,014 which is higher than normal.

Residential MLS® Properties Sold in North Okanagan Jan. 13, 2013 
$276,337 was the average sale price reported on sales in the North Okanagan Zone January 7 - 13, 2013. 12 properties were reported sold by REALTORS®. 

Residential MLS® Properties Sold in Shuswap Jan. 13, 2013 
7 properties were reported sold Jan. 7 - 13 in the Shuswap Zone between Jan. 7 - 13, 2013. The average sale price reported this week was up, up, up at $407,571. 

 

Here is the real estate overview:

Wow! Big jump in activity now that we are getting our teeth into 2013! Let's see WHAT'S UP!?

 - The number of property sales - up 

- The Average price of property sold - up

and  the total value of all sales combined - up. Only key market indicator that declined was the average days to sell - and that fell only 1 day this week over last. 

Here are the results from our search of the Okanagan Mainline Real Estate Board database this morning, based on the following:

 

Criteria:  
Status is 'Sold'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 1/7/2013 to 1/13/2013

 

 

 

Okanagan Shuswap Residential MLS® Properties Sold (67) Jan. 7 - Jan. 13, 2013
List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $49,900 $45,000 7 1 1
Max $3,995,000 $3,100,000 412 6 6 6110
Avg $474,663 $442,421 129 3 2 2008
Sum $31,802,388 $29,642,214

 

Compared to last week: 

 

Okanagan Shuswap Residential MLS® Properties Sold (36) Dec. 31 - Jan. 6, 2013
    List Price Sold Price DOM Beds Total Baths Finished Floor Area
Min $124,900 $120,000 20 2 1  
Max $935,000 $890,000 461 6 5 5071
Avg $376,861 $360,175 130 3 2 2054
Sum $13,566,999 $12,966,302      

 

Properties reported as sold were comprised of the following types: 

Land: - Lots and Acreages  3 sold up from 1 sold, 

Manufactured Homes: - 0 sold down from 1 sold,  

Recreational: - 1 sold, up from 0 sold,  

Single Family Homes:- 45 sold, up from 23 sold,  

Apartments: 7 sold, up from 5 sold,   

Townhomes: 3 sold, down from 6 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 Format
 
 

 

 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