Okanagan Real Estate Market, Summerland snapshot

Glimpse of this Okanagan Real Estate Market:

The Summerland Real Estate Market is significantly improved…sort of.

General Comment:
Sales are much stronger this spring, as evidenced by the following statistical comparion of ytd sales:
2012 = 70
2011 = 50
2010 = 50
2009 = 21
2008 = 57
2007 = 74
2006 = 76
2005 = 91

The stats are for MLS Summerland including all lots, condos, single family…every MLS sale in Summerland.

The “sort of” comes into play when the price range over $465,000 is looked at in particular.  There have only been 3 single family homes sold ytd for over $465,000!  There have been acreage sales, and there have been waterfront sales in this price category.  But, for single family home to achieve oveer $465,000 has been very little RESULTS.  Good news is that of those 3, my office has been involved in two of them!

Patrick Murphy 250 486 2529

@pmurphy88

PS For specific info anytime, just give me a call 250 486 2529

 

share save 171 16 Okanagan Real Estate Market, Summerland snapshot
This entry was posted in Real Estate BLOG. Bookmark the permalink.