vernon bc real estate "foothills in the 1st quarter market report

6
January 1 - March 31, 2013 MARKET ANALYSIS Foothills, Vernon BC Residential MLS® Real Estate Update OkanaganRealEstateUmbrella.com

Upload: okanaganrealestateumbrellacom-sutton-lakefront-vernon-bc

Post on 28-Nov-2014

258 views

Category:

Real Estate


0 download

DESCRIPTION

This report is based on information from the OMREB database for residential MLS® real estate reported sold in the North Okanagan - Vernon BC Foothills sub area between Jan. 1 and March 31, 2013. The residential sales sector includes lots and land, manufactured homes, recreational properties, single family homes and strata property sales. Visit http://www.ForSaleInFoothills.com for more info on this area and current market opportunities. Feel free to call me at 250-308-4310 to chat about the market. Thanks, Brell

TRANSCRIPT

Page 1: Vernon BC Real Estate "Foothills in the 1st Quarter Market Report

January 1 - March 31, 2013

MARKET ANALYSIS

Foothills, Vernon BC Residential MLS® Real

Estate Update

OkanaganRealEstateUmbrella.com

Page 2: Vernon BC Real Estate "Foothills in the 1st Quarter Market Report

Minimums and MaximumsThis page summarizes key fields of the listings in this analysis.

Wednesday, April 3, 2013

The listings in this analysis can be summarized as follows:

Priced between $119,900 and $679,900

Selling Price between $117,500 and $665,000

0 to 3243 Square Feet

3.0 to 4.0 Bathrooms

4 to 5 Bedrooms

$0 to $239 per Square Foot

13 to 1433 Days on Market

Built between 0 and 2010

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

Residential MLS property sales reported in the OMREB database between January 1 and March 31, 2013 within the Foothills neighbourhood of Vernon BC in the North Okananan real estate zone.
Want to know more about real estate in The Foothills area of Vernon? Access current listings for sale for this neighbourhood at http://www.forsaleinfoothills.comOr call me at 250-308-4310 I'd love to chat!
Page 3: Vernon BC Real Estate "Foothills in the 1st Quarter Market Report

Number of Days On MarketThis graph illustrates the number of days on market for the listings in this analysis.

Wednesday, April 3, 2013

0

200

400

600

800

1000

1200

1400

1600

9211

276

1000

6412

1005

6897

1005

6570

1005

6734

1006

0445

1005

7419

MLS Number

DO

M

DOM / MLS® Number

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

Average days to sell was 420for sales in the Foothills area of Vernon, BC in the 1 st quarter of 2013
Page 4: Vernon BC Real Estate "Foothills in the 1st Quarter Market Report

Original Price, Adjusted Price, and Sale Price

This graph illustrates the original and adjusted list price, along with sale price in Sold listings.

Wednesday, April 3, 2013

100K

200K

300K

400K

500K

600K

700K

921

1276

100

0641

2

100

5689

7

100

5657

0

100

5673

4

100

6044

5

100

5741

9

Original Price

Adjusted Price

Sold Price

MLS® #

Ori

gin

al

Pri

ce

Price Graph

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

Average sale price came in at$435,993 for sales in the 1st quarter in the Foothills.
Lot sales
Page 5: Vernon BC Real Estate "Foothills in the 1st Quarter Market Report

CMA Pro Report

These pages give a general overview of the selected properties.

Wednesday, April 3, 2013

Sold Properties

Total # of Listings

Lowest Price

Highest Price

Average Price

Avg. Price/SqFt

Avg DOM

$117,500

$665,000

$435,993

420

7

$145.08

0K 200K 400K 600K 800K 1000K 1200K

1105 Phoenix Drive

117 Blackcomb Court

1436 Red Mountain Place

1441 Copper Mountain Court

608 Hart Place

7237 Silver Ridge Drive

Lot 29 Sunridge Lane

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

Page 6: Vernon BC Real Estate "Foothills in the 1st Quarter Market Report

CMA Pro Report

These pages give a general overview of the selected properties.

Wednesday, April 3, 2013

0.0K

200.0K

400.0K

600.0K

800.0K

1,000.0K

Avg Price Min Price Max Price

Summary Graph/Analysis

Cumulative Analysis

Listing Category Avg $ Per SqFtAverage PriceLowest Price Highest Price

$117,500 $665,000 $145.08$435,993Sold

$435,993Totals / Averages $145.08$117,500 $665,000

Address DOM SP/OPOrig Price Sold Price

Sold Property Analysis

SP/Sqft

Lot 29 Sunridge Lane -%18.35 $0.00$117,500 1,433$143,900

117 Blackcomb Court -%3.00 $0.00$160,050 1,062$165,000

1105 Phoenix Drive -%5.55 $170.85$415,500 97$439,900

7237 Silver Ridge Drive -%4.62 $208.33$495,000 121$519,000

1441 Copper Mountain Court -%6.11 $238.93$599,000 117$638,000

608 Hart Place -%4.76 $184.98$599,900 13$629,900

1436 Red Mountain Place -%2.13 $212.46$665,000 98$679,500

435,993 459,314.29 420 %-6.36 $145.08Total Averages

Property Summary

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis