Okanagan Real Estate Market Info

market update Okanagan Real Estate Market Info

Summerland Year To Date single family detached homes priced from:

$300,000 to $800,000

Sold: 56, of which 11 have sold the last 30 days.
Active: 98, of which 10 have been listed last 30 days.
Condition of this Market Segment: BALANCED



Let’s begin with SALES
Year to date “large acreage” sales in the South Okanagan: 1
Highway 3A in Kaleden/Okanagan Falls
Listed Feb 26 2012 for $1,399,000
Sold after 2 price reductions, $1,000,000 April 30 2013
34 Acres, well water, no buildings.

– Newest Listing: $799,000 for 286 acres in Garnet Valley 3 title parcel BC Assessed at $1,234,400 Majority of property is zoned Forestry Grazing for 50 acre lots. Access is very difficult, and majority is very steep.
– Most Expensive: 4.8 acres on Skaha Lake known as “Sickle Point” listed for $7,800,000 on the market for 376 days with subdivision application in process.
– 12 Active over $1million, of which 5 are in Summerland.

Patrick Murphy Call or Text anytime 250 486 2529

Celebrating a proven past with a progressive future, where vineyards, orchards, and beaches meet in small town charm. Tucked away off hwy 97 in the middle of the Okanagan.

Patrick Murphy 250 486 2529


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Nobody in the World Sells More Real Estate than RE/MAX, and only Patrick Murphy offers the widest advertising coverage of Summerland properties across Western Canada and Northern BC into Alberta.


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