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 June 2019

	The average price for Single Family Homes in the North Okanagan (OMREB – North Okanagan MLS®) decreased 5.21% in June 2019 compared to this month last year, moving from $528,700 to $501,156
	109 Single family homes sold in June 2019, up 11.22% from 98 homes sold in June the previous year
	The average days to sell increased 22.27% from 44 days in June 2018, to 54 days in June 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 the 338 sold in 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 June 2019

	The average price for Townhomes in the North Okanagan decreased 2.23% overall, moving from $376,141 in June 2018, to $367,741 in June 2019
	29 Townhomes sold in June 2019, up 3.57% from the 28 townhomes sold this month in 2018
	The average days to sell increased 29.15% this month from 56 days in June 2018 to 72 days on the market in June 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 June 2019

	The average price for homes on acreages in the North Okanagan decreased 21.90% compared to June 2018, moving from $871,931 to $680,962 in June 2019
	13 acreages sold in June 2019,  a decrease of  18.75%  from the 16 sold in June 2018
	The average days to sell increased 140.39% from 51 days in June 2018, to 122 days in June 2019

This information was updated on July 4, 2019.

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