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 April 2019

	The average price for Single Family Homes in the North Okanagan (OMREB – North Okanagan MLS®) increased 4.49% in April 2019 compared to this month last year, moving from $510,372 to $533,300
	102 Single family homes sold in April 2019, up 10.87% from 92 homes sold in April the previous year
	The average days to sell increased 3.84% from 55 days in April 2018, to 57 days in April 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 April 2019

	The average price for Townhomes in the North Okanagan increased 6.63% overall, moving from $322,840 in April 2018, to $344,237 in April 2019
	37 Townhomes sold in April 2019, up 32.14% from the 28 townhomes sold this month in 2018
	The average days to sell increased 58.17% this month from 42 days in April 2018 to 66 days on the market in April 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 April 2019

	The average price for homes on acreages in the North Okanagan increased 11.57% compared to April 2018, moving from $598,000 to $667,165 in April 2019
	19 acreages sold in April 2019,  a increase of  137.50%  from the 8 sold in April 2018
	The average days to sell decreased 43.42% from 220 days in April 2018, to 125 days in April 2019

This information was updated on May 3, 2019.

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