Okanagan Market Update Go Vees Go, see you Thursday!

MARKET UPDATE FEB 21 2012

I have found that by examining any given 30 day period, NOT based simply on a calendar month, we can provide helpful insights that just don’t happen when looking at calendar stats like every one else always does. So, here is a look at the last 30days broad based covering all types of real estate in Summerland!

 

Summerland Farm Sales Activity over the last 12 months MLS

6 Sold, priced from $410,000 to $2,000,000

12 Active listings, priced from $489,000 to $9,388,000

Same period, previous 12 month time frame SOLD 3

 

Summerland lot sales activity over the last 12 months MLS

15 Sold, priced from $83,500 (most recent sale) to $1 million for a waterfront lot.

58 Active listings, priced from $89,900 to $3,499,000

Same period, previous 12 month time frame SOLD 12

 

Summerland Industrial, Commercial, Investment sales activity over the last 12 months MLS

3 Sold, priced from $385,000 to $1,581,500. One of the 3 was not a foreclosure listing.

12 Active listings priced from $124,900 to just under $850,000.

 

Summerand Residential

15 Sold last 30 day period, Last year same period: 17 sold, 2010 same period 15,

2009 same period 4 sold.

Currently there are 267 Active listings residential in Summerland.

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