Sutton Group - Lakefront Realty Ltd. Based in the Okanagan Valley, Vernon BC Canada
2749 30th Street, Vernon BC V1T 5C6
250-549-3944

North Okanagan Real Estate Monthly Market Reports

North Okanagan Real Estate Monthly stats

March 2012 North Okanagan Real Estate Market Update

Condo Apartment
Listings Sold	6
New Listings	23
Current Inventory	147
Absorption Rate Sell/List	4.08%
Months of Inventory on Hand	24.5
Days to Sell (Average)	117
Days to Sell (Range)	13 - 361
Average Sale Price	$137,817
Median Sale Price	$137,000
Range of Sales Prices	$79,000 - $203,000
Hottest Neighbourhood	Centennial Drive

Condo Townhouse
Listings Sold	20
New Listings	60
Current Inventory	230
Absorption Rate Sell/List	8.7%
Months of Inventory on Hand	11.5
Days to Sell (Average)	187
Days to Sell (Range)	12 - 745
Average Sale Price	$279,805
Median Sale Price	$290,250
Range of Sales Prices	$120,000 - $470,000
Hottest Neighbourhood	Okanagan Landing

Building Lot
Listings Sold	8
New Listings	52
Current Inventory	264
Absorption Rate Sell/List	3.03%
Months of Inventory on Hand	33
Days to Sell (Average)	351
Days to Sell (Range)	30 - 1689
Average Sale Price	$186,588
Median Sale Price	$201,500
Range of Sales Prices	$95,000 - $272,000
Hottest Neighbourhood	All Over the Map!

6 of the 8 sales were acreages!

Residential Homes
Listings Sold	66
New Listings	188
Current Inventory	682
Absorption Rate Sell/List	9.68%
Months of Inventory on Hand	10.3333333333333
Days to Sell (Average)	95
Days to Sell (Range)	1 - 544
Average Sale Price	$342,477
Median Sale Price	$339,250
Range of Sales Prices	$149,000 - $1,125.000
Hottest Neighbourhood	East Hill

Overall ratio of Sales vs. Inventory = 7.56%

North Okanagan Monthly
Download our Monthly Market Report

		March North Okanagan Residential MLS Real Estate Report Drawn from the OMREB Stats and believed to be correct but not to be relied upon without verification
		Residential MLS North Okanagan Real Estate Market Report A detailed overview of market activity in the Vernon BC area and surrounding communities for January 2012
		December 2011 Residential MLS Report for December 2011. Check out the market activity. Print, Save or Share!


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Contacts



Sutton Group Lakefront Realty
Email Sutton Group

Phone:	250-549-3944
Fax:	250-549-2115
Address:	2749 30 Street
City:	Vernon
Province:	British Columbia V1B 5C6
Country:	Canada

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