What Sold in Central Okanagan Real Estate -Nov 29 edition
For the period of November 23 - 29th 2009 in Central Okanagan real estate sales 69 properties moved from for sale to sold status. This report covers the Cities of Kelowna, Lake Country, West Kelowna, Peachland, Westbank and Big White.
For more details on the homes, lots, acreages, apartments and townhomes that sold please visit our Okanagan Market Stats web page for free downloadable pdf reports.
Lots and Acreages for sale:
Four properties for sale moved to sold status. One of these parcels was a 16 acre parcel in Westbridge.
The median or middle of the sales price was $179,950 on a median list price of $189,450. The sold prices ranged from $160,000 to $333,333. These lots were on the market actively listed for a range of between 32 and 411 days making the average list time for lots sold equal 250 days. On average the sellers accepted 95% of asking price for the lots sold with the highest percentage being 100% achieved on 2 sales and the lowest being 89.9%
The Westbridge acreage sold in Central Okanagan real estate last week sold for $10,360 per acre. for an overall price of $170,000.
Manufactured Homes for sale:
No manufactured (mobile) homes sold during the week in the Central Okanagan.
Single Family Residential Homes for sale:
In the past week, 34 homes for sale in Kelowna BC and the surrounding Central Okanagan communities moved to sold status.
These homes were on the market an average of 100 days and sold for median sales price of $441,000 on a median list price of $447,000. Listing prices for the homes that sold ranged from $205,000 to $1,599,000 and the corresponding sale prices ranged from $205,000 to $1,299,000.
Seven sellers realized 100% or more of their list price in the single family home for sale market. On average sellers accepted 97% of the current listed price with the lowest accepted price reflecting 80.8.% . Two of the properties sold for $300,000 or less. In the Over $500,000. segment of the Central Okanagan real estate market – 11 properties sold which is a a normal proportion in Central Okanagan real estate properties sold above $500K. One property valued at over $1,000,000 sold. This property featured 90+ feet of lakeshore, a 3000+ square foot home on a slighly more than one half acre lot in the City of Kelowna.
Strata properties for sale:
In the sector of Kelowna BC and Central Okanagan real estate that includes apartments, condos, and attached, semi detached and detached townhomes, 31 properties moved from for sale to sold status during this week. These properties had current listings that averaged 121 days in length. The middle or median list price was $299,900 and the median sale price was $299,900. Days on the market ranged from 4 to 349.
On average - sellers accepted 95.7% of the current list price for strata homes. Six of the properties sold for 100% or more of the list price. The amounts accepted ranged from 85.6% to 100.6% of the last listed price. List prices ranged from $119,900 to $895,000 with sales of from $110,000 to $900,000.
For more details on the homes, lots, acreages, apartments and townhomes that sold please visit our Okanagan Market Stats web page to download free reports with the listing details.
See you online,
Brell ~ Brenda Ellis REALTOR with TheOkanaganRealEstateHub.com @ Century 21 Executives Realty Ltd
(250)550-2161 Direct Dial
(250)549-2103 Office Reception
1-877-227-4073 Toll Free
(250)308-4310 SMS
Century 21 Executives Realty Ltd.
2907 - 32nd St.
Vernon, BC V1T 5M2