North Okanagan Real Estate August 2010 stats

By
Real Estate Agent with OkanaganRealEstateUmbrella@Sutton Group Lakefront Realty

Below you will find information about what has happened in North Okanagan (Vernon BC and area) real estate in the month of August 2010.  For more detailed information on properties that sold this month visit our Market Trends page.

In  addition you can also access a slide presentation that will provide a look at the key performance indicators in the local North Okanagan real estate market from 2000 forward on our site.

NORTH Okanagan Real Estate August 2010 Market Update

 

Condo / Apartment

 

Listings Sold

12

New Listings

16

 Current Inventory

201

Absorption Rate

5.97%

Days to Sell

110

Range

34 - 213

Average Price

$181,192

Median Price

$160,000

Range

$132,000 - $280000

Hottest Neighbourhood

West Vernon area

 

 

 

Condo / Townhouse

 

Listings Sold

14

New Listings

29

 Current Inventory

234

Absorption Rate

5.98%

Days to Sell

68

Range

-5 to 193

Average Price

$284,286

Median Price

$261,500

Range

$169,000 - $465,000

Hottest Neighbourhood

Okanagan Landing

 

 

 

Building Lot

 

Listings Sold

3

New Listings

28

 Current Inventory

187

Absorption Rate

1.60%

Days to Sell

71

Range

36 - 127

Average Price

$278,000

Median Price

$245,000

Range

$195,000 - 390,000

Hottest Neighbourhood

Rural Lumby

 

 

 

Residential

 

Listings Sold

54

New Listings

142

 Current Inventory

822

Absorption Rate

6.57%

Days to Sell

91

Range

6 - 427

Average Price

$374,731

Median Price

$373,750

Range

$159,000 - $860,000

Hottest Neighbourhood

East Hill

 

 

Overall Sales vs Inventory = 5.75%

See you online,

 Brell ~ Brenda Ellis REALTOR ®

Your Okanagan Real Estate Umbrella

 with  Century 21 Executives Realty Ltd 

 

 

 (250)549-2103 Office Reception

1-877-227-4073 Toll Free

 

(250)308-4310 SMS

Century 21 Executives Realty Ltd.

2907 - 32nd St.

Vernon, BC  V1T 5M2

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