North Okanagan MLS® Market Trends

 

North Okanagan MLS Single Family Home Sales in 2018

	The average sold price for Single Family Homes in Vernon and the North Okanagan (OMREB – North Okanagan MLS®) increased 7.32% compared to 2017, moving from $471,400 to $505,925 in 2018
	932 homes sold in 2018, down 23.61% from 1220 the previous year
	The average days to sell increased 10.53% from  60 in 2017, to  66 days in 2018

 

North Okanagan MLS Single Family Home Sales in January 2019

	The average price for Single Family Homes in the North Okanagan (OMREB – North Okanagan MLS®) decreased 18.40% in January 2019 compared to this month last year, moving from $591,959 to $483,059
	52 Single family homes sold in January 2019, up 23.81% from 42 homes sold in January the previous year
	The average days to sell increased 19.23% from 84 days in January 2018, to 101 days in January 2019

 

North Okanagan MLS Condo & Townhome Sales in 2018

	The average sold price for  Townhomes in the North Okanagan increased 7.45% compared to 2017, moving from $314,763 to $338,216 in 2018
	323 Townhomes sold in 2018, down 4.44% from 338 2017
	The average days to sell dropped 4.72% from 63 the previous year, to  60 days in 2018

 

North Okanagan MLS  Townhome Sales in January 2019

	The average price for Townhomes in the North Okanagan decreased 1.36% overall, moving from $295,315 in January 2018, to $291,300 in January 2019
	16 Townhomes sold in January 2019, down 20% from the 20 townhomes sold this month in 2018
	The average days to sell increased 44.32% this month from 54 days in January 2018 to 78 days on the market in January 2019

 

 North Okanagan MLS Acreage Sales in 2018

	The average sold price for Acreages and Homes on Acreages in the North Okanagan increased 7.19% compared to 2017, moving from $786,897 to $843,442 in 2018
	167 acreages sold in 2018, down 9.73% from 229 the previous year
	The average days to sell dropped 2.20% from 185 in 2017, to 167 days in 2018

North Okanagan MLS Acreage Sales in January 2019

	The average price for homes on acreages in the North Okanagan increased 15.51% compared to January 2018, moving from $659,238 to $761,500 in January 2019
	7 acreages sold in January 2019,  a decrease of  12.50%  from the 8 sold in January 2018
	The average days to sell increased 34.05% from 124 days in January 2018, to 166 days in January 2019

This information was updated on February 5, 2019.

Please contact Shawna at 250-558-7333 for more information about property sales and prices in your specific neighbourhood.