Vernon Real Estate.com

info@vernonrealestate.com 

250 - 260 - 4711


August 2020 North Okanagan Real Estate Update



"We are still seeing high sales activity despite the lack of inventory. We are at a stage where inventory is struggling to catch-up to the demand, especially in the single-family category-the most desired type of property post quarantine."


Kim Heizmann, OMREB President


Read the full news release here


Is it a good time to buy or sell real estate in the North Okanagan? Call us at 250-260-4711 or send us an email at info@vernonrealestate.com We would be more than happy to help!



July 2020 North Okanagan Real Estate Update



"We are seeing a pent-up demand propped up by consumer's desire for more space in the wake of the pandemic. While this is not normal market activity, there is nothing typical about 2020"


Kim Heizman OMREB President


Read the full news release here 


If you have questions about the real estate market in the North Okanagan, we would be more than happy to help! Call us at 250-260-4711 or send us an email at info@vernonrealestate.com




June 2020 North Okanagan Real Estate Update



“These numbers are a positive indicator that real estate in the Okanagan is recovering from the pandemic induced slowdown of the previous three months,” says OMREB President Kim Heizmann, adding that “while we are not on the other side of this yet, this is a cautiously optimistic sign that the housing market may bounce back sooner than forecast.” 


~Kim Heizman OMREB President


Read the FULL Okanagan News Release Here


Wondering if now is a good time to buy or sell real estate in the North Okanagan? Give us a call at 250-260-4711 or email us at info@vernonrealestate.com - We are more than happy to answer any questions you might have!




May 2020 North Okanagan Real Estate Update



"While we are still in the midst of a global pandemic it is encouraging to see that residential sales are moving at an upward trajectory."


Kim Heizman OMREB President


Have questions about buying or selling real estate in the North Okanagan? We are more than happy to help...CALL us at 250-260-4711 or email info@vernonrealestate.com


April 2020 North Okanagan Real Estate Update



" Market activity for this time of year is usually quite healthy. The ecomomy has taken a big shock to the system due to the pandemic and, no surprise, has the real estate market. This will change in the coming months once businesses reopen and consumers who temporarily pushed pause on their buying and selling activities due to the virus, will resume their real estate plans."


Kim Heizman OMREB President


Read the full Okanagan Real Estate Market News Release here 


Have questions about real estate in the North Okanagan? We are here to help!




March 2020 North Okanagan Real Estate Update



"While the market remained steady in March this will likely slowdown as the economic inpacts of COVID-19 continue to develop. In the meantime real estate professionals are still able to utilize technology-driven solutions to help accomodate these transactions during self-distancing precautions"


OMREB President Michael Loewen


Need help navigating the North Okanagan Real Estate Market during these difficult times? We are here to help! 




February 2020 North Okanagan Real Estate Update



Have questions about buying or selling real estate in the North Okanagan? Call us at 250-260-4711 we are more than happy to help! 




JANUARY 2020 North Okanagan Real Estate Update



If you have any questions about buying or selling real estate in the North Okanagan, we are more than happy to help! 


DECEMBER 2019 North Okanagan Real Estate Update




If you have any questions about buying or selling real estate in the North Okanagan, we would love to help! Call us at 250-260-4711 TODAY!



NOVEMBER 2019 North Okanagan Real Estate Update



Units Listed: 212

Units Sold: 119

Days To Sell: 111

Active Listings: 1,250


Average Prices:

Condos: $205,914

Townhouse: $366,974

Lots: $293,400

Residential: $547,131


Read the FULL OMREB report here 


Have questions about the North Okanagan real estate market? We would be more than happy to help! Call us at 250-260-4711 TODAY!



OCTOBER 2019 North Okanagan Real Estate Update



Units Listed: 259

Units Sold: 177

Days To Sell: 105

Active Listings: 1,360


Average Prices:

Condos: $268,641

Townhouse: $388,839

Lots: $158,931

Residential: $559,481


Read the FULL OMREB report here


Whether buying or selling, no other realtor or real estate team in the North Okanagan delivers MORE! 





SEPTEMBER 2019 North Okanagan Real Estate Update



Units Listed: 271

Units Sold: 187

Days to Sell: 82

Active Listings: 1,517


AVERAGE PRICES

Condos: $241,177

Townhouses: $353,879

Lots: $298,460

Residential: $514,173


Read the FULL OMREB report here


AUGUST 2019 North Okanagan Real Estate Update



Units Listed: 333

Units Sold:192

Days to Sell: 87

Active Listings: 1,623


AVERAGE PRICES

Condos: $228,029

Townhouses: $322,758

Lots: $193,964

Single Family: $538,663


Read the full OMREB report here 

JULY 2019 North Okanagan Real Estate Update



Units Listed: 346

Units Sold: 240

Days to Sell: 78

Active Listings: 1,603


AVERAGE PRICES

Condo: $239,968

Townhouse: $326,869

Lot: $339,231

Residential: $536,437


Read the full OMREB statistical report



JUNE 2019 North Okanagan Real Estate Update



“While sales levels have maintained momentum more than in other markets, we continue to see the fallout of federal mortgage policy creating pent-up demand,” says OMREB President, Michael Loewen.


Units Listed: 1,112

Units Sold: 479

Active Listings: 3,817


Average Prices:

Condo: $181,375

Townhouse: $367,741

Lots: $212,891

Residential: $501,156


Let us know if we can answer any of your questions about the real estate market in the North Okanagan!



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