Okanagan/Shuswap Real Estate Stats – October 2017

Published: November 4, 2017

Here are the October real estate stats! Hot news from the Okanagan Mainline Real Estate Board (OMREB)
 

Fall Colors, Photo of 16225 Butterworth Road, Lake Country

16225 Butterworth Road, Lake Country

North Okanagan Real Estate Statistics (Vernon, Coldstream, Armstrong, Lumby & Enderby)

Stats for October 2017 vs October 2016

Overall sales down 7% to 225 units.

Single Family home sales down 18% to 106 units from 129.

New listings, down 11% to 221 units.

Active listings down 15% to 1,242 units.

Single Family homes listed stayed even (no change) at 85 units.

Average days to sell down 20% to 104 days.

 

Early fall color of property overlooking Shuswap Lake at 4996 Ivy Road, Eagle Bay, BC

4996 Ivy Road, Eagle Bay, BC

Shuswap Real Estate Market (Salmon Arm & Sicamous)

Stats for October 2017 vs October 2016

Overall sales down 1% to 109 units.

Single Family home sales up 14% to 48 units.

New listings, down 1% to 123 units.

Active listings down 12% to 933 units.

Single Family homes listed down 25% to 34 units.

Average days to sell down 29% to 117 days.

 

 

Source: Okanagan Mainline Real Estate Board Statistics:

North Okanagan: North Okanagan Monthly Statistics, October, 2017

Shuswap: Shuswap / Revelstoke Monthly Statistics, October, 2017

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