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Okanagan Landing
              Vernon BC
         Residential MLS® Real
             Estate Update




      MARKET ANALYSIS
        January 1 - March 31, 2013

OkanaganRealEstateUmbrella.com
Wednesday, April 10, 2013


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

 Results are from the Okanagan Mainline Real Estate database for MLS residential
 sales reported in the 1 st quarter of 2013 in the Okanagan Landing sub area, In
 Vernon BC real estate.
                The listings in this analysis can be summarized as follows:



                            Priced between $39,900 and $649,000


                            Selling Price between $31,000 and $635,000


                            2 to 4 Bedrooms


                            1.0 to 3.0 Bathrooms


                            1040 to 2910 Square Feet


                            $28 to $369 per Square Foot


                            Built between 1940 and 2009


                            15 to 507 Days on Market


     If you would like to know more about properties in the Okanagan Landing area
     of Vernon BC or elsewhere in the Okanagan - Shuswap please visit us online at
     http://www.OkanaganReal EstateUmbrella.com or feel free to call or text me at
     250-308-4310.




                                                                        Researched and prepared by Brenda Ellis
                                                                    Sutton Group-Lakefront Realty 250-549-3944
Wednesday, April 10, 2013


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




                                       DOM / MLS® Number


            600
                      Average days on the market on Okanagan Landing for the first
                      quarter of 2012 was 141.
            500


            400
    DOM




            300


            200


            100


               0
              10 869

              10 433

              10 524

              10 155

              10 293

              10 020

              10 486

              10 288

              10 829

              10 895

              10 724

              10 750

              10 477

                    98
                  87
                  5

                  4

                  8

                  6

                  9

                  7

                  7

                  5

                  7

                  6

                  0

                  0

                  8
                05

                05

                05

                05

                05

                05

                03

                04

                05

                05

                04

                06

                05

                05
            10




                                                       MLS Number




                                                                                 Researched and prepared by Brenda Ellis
                                                                             Sutton Group-Lakefront Realty 250-549-3944
Wednesday, April 10, 2013


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




                                                                                                                                                     Original Price
                                                                                                                                                     Adjusted Price
                                                                           Price Graph                                                               Sold Price
                   700K
                           Average sale price in Okanagan Landing in the first quarter of 2013
                           Was $300,801.

                   600K




                   500K
  Original Price




                   400K




                   300K




                   200K




                   100K




                    0K
                          10055869


                                     10054433


                                                10058524


                                                           10056155


                                                                      10059293


                                                                                 10057020


                                                                                            10037486


                                                                                                       10045288


                                                                                                                    10057829


                                                                                                                               10056895


                                                                                                                                          10040724


                                                                                                                                                        10060750


                                                                                                                                                                     10058477


                                                                                                                                                                                10058798




                                                                                 MLS® #




                                                                                                                      Researched and prepared by Brenda Ellis
                                                                                                                  Sutton Group-Lakefront Realty 250-549-3944
Wednesday, April 10, 2013


CMA Pro Report
These pages give a general overview of the selected properties.

Sold Properties
Total # of Listings   14                        #116600 Okanagan Avenue

Lowest Price          $31,000                      #179845 Eastside Road

Highest Price         $635,000           #265886 Okanagan Landing Road

Average Price         $300,801                    #2696900 Tronson Road

Avg. Price/SqFt       $174.75                     #2796900 Tronson Road

Avg DOM               141                          #426900 Marshall Road

                                                 #472727 Lakeshore Road

                                                    #576688 Tronson Road
                                                   #629845 Eastside Road

                                                         #74990 25 Avenue

                                          #77760 Okanagan Landing Road
                                                    6125 Okanagan Avenue

                                                         7504 Klinger Road

                                             8980 Okanagan Landing Road
                                                                             0K   200K   400K   600K    800K   1000K 1200K




                                                                              Researched and prepared by Brenda Ellis
                                                                          Sutton Group-Lakefront Realty 250-549-3944
Wednesday, April 10, 2013


CMA Pro Report
These pages give a general overview of the selected properties.


                                                 Summary Graph/Analysis

                    1,000.0K




                     800.0K




                     600.0K




                     400.0K




                     200.0K




                        0.0K


                                                 Avg Price        Min Price      Max Price



Cumulative Analysis

     Listing Category              Lowest Price              Highest Price            Average Price          Avg $ Per SqFt
             Sold                      $31,000                 $635,000                   $300,801                $174.75

Totals / Averages                     $31,000                  $635,000                  $300,801                $174.75


Sold Property Analysis
                        Address                              Orig Price         Sold Price      DOM      SP/OP        SP/Sqft
#2696900 Tronson Road                                           $39,900           $31,000        119     -%22.31       $28.18
#2796900 Tronson Road                                           $79,900           $72,250        138      -%9.57       $53.13
#74990 25 Avenue                                               $139,900           $132,500        40      -%5.29       $127.40
#576688 Tronson Road                                           $169,000           $163,000       126      -%3.55       $130.61
#472727 Lakeshore Road                                         $189,900           $184,000        41      -%3.11       $134.11
#265886 Okanagan Landing Road                                  $289,900           $280,000        71      -%3.41       $172.84
#116600 Okanagan Avenue                                        $334,900           $308,460       507      -%7.89       $154.69
#426900 Marshall Road                                          $338,000           $316,000       349      -%6.51       $174.78
7504 Klinger Road                                              $360,000           $335,000        54      -%6.94       $137.07
#629845 Eastside Road                                          $399,000           $395,000        56      -%1.00       $281.94
6125 Okanagan Avenue                                           $489,000           $399,000       400     -%18.40       $369.44

                                                                                  Researched and prepared by Brenda Ellis
                                                                              Sutton Group-Lakefront Realty 250-549-3944
Wednesday, April 10, 2013


CMA Pro Report
These pages give a general overview of the selected properties.

8980 Okanagan Landing Road                                   $449,900         $460,000        15        %2.24      $186.23
#77760 Okanagan Landing Road                                 $549,000         $500,000        24       -%8.93      $171.82
#179845 Eastside Road                                        $649,000         $635,000        33       -%2.16      $324.31
Total Averages                                              319,807.14        300,801        141       %-6.92      $174.75


                                                 Property Summary
S           Street Address                  Bd   Bth     Sqft     Built    Orig Price         Price         Sold Date   DOM
S   #2696900 Tronson Road                   3     1      1100      1973      $39,900        $31,000        02/19/2013    119
S   #2796900 Tronson Road                   4     2      1360      1974      $79,900        $72,250        02/04/2013    138
S   #74990 25 Avenue                        2     2      1040      1982     $139,900        $132,500       03/01/2013     40
S   #576688 Tronson Road                    2     2      1248      2006     $169,000        $163,000       03/05/2013    126
S   #472727 Lakeshore Road                  3     2      1372      1981     $189,900        $184,000       03/19/2013     41
S   #265886 Okanagan Landing Road           3     3      1620      2002     $289,900        $280,000       02/05/2013     71
S   #116600 Okanagan Avenue                 3     3      1994      2009     $334,900        $308,460       03/20/2013    507
S   #426900 Marshall Road                   3     3      1808      2009     $338,000        $316,000       03/26/2013    349
S   7504 Klinger Road                       3     3      2444      1972     $360,000        $335,000       02/26/2013     54
S   #629845 Eastside Road                   3     3      1401      2007     $399,000        $395,000       01/16/2013     56
S   6125 Okanagan Avenue                    3     1      1080      1940     $489,000        $399,000       03/04/2013    400
S   8980 Okanagan Landing Road              3     3      2470      1975     $449,900        $460,000       03/28/2013     15
S   #77760 Okanagan Landing Road            4     3      2910      2006     $549,000        $500,000       02/13/2013     24
S   #179845 Eastside Road                   3     3      1958      2006     $649,000        $635,000       03/01/2013     33




                                                                              Researched and prepared by Brenda Ellis
                                                                          Sutton Group-Lakefront Realty 250-549-3944

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Okanagan Landing, Vernon BC Market Analysis, First Quarter 2013

  • 1. Okanagan Landing Vernon BC Residential MLS® Real Estate Update MARKET ANALYSIS January 1 - March 31, 2013 OkanaganRealEstateUmbrella.com
  • 2. Wednesday, April 10, 2013 Minimums and Maximums This page summarizes key fields of the listings in this analysis. Results are from the Okanagan Mainline Real Estate database for MLS residential sales reported in the 1 st quarter of 2013 in the Okanagan Landing sub area, In Vernon BC real estate. The listings in this analysis can be summarized as follows: Priced between $39,900 and $649,000 Selling Price between $31,000 and $635,000 2 to 4 Bedrooms 1.0 to 3.0 Bathrooms 1040 to 2910 Square Feet $28 to $369 per Square Foot Built between 1940 and 2009 15 to 507 Days on Market If you would like to know more about properties in the Okanagan Landing area of Vernon BC or elsewhere in the Okanagan - Shuswap please visit us online at http://www.OkanaganReal EstateUmbrella.com or feel free to call or text me at 250-308-4310. Researched and prepared by Brenda Ellis Sutton Group-Lakefront Realty 250-549-3944
  • 3. Wednesday, April 10, 2013 Number of Days On Market This graph illustrates the number of days on market for the listings in this analysis. DOM / MLS® Number 600 Average days on the market on Okanagan Landing for the first quarter of 2012 was 141. 500 400 DOM 300 200 100 0 10 869 10 433 10 524 10 155 10 293 10 020 10 486 10 288 10 829 10 895 10 724 10 750 10 477 98 87 5 4 8 6 9 7 7 5 7 6 0 0 8 05 05 05 05 05 05 03 04 05 05 04 06 05 05 10 MLS Number Researched and prepared by Brenda Ellis Sutton Group-Lakefront Realty 250-549-3944
  • 4. Wednesday, April 10, 2013 Original Price, Adjusted Price, and Sale Price This graph illustrates the original and adjusted list price, along with sale price in Sold listings. Original Price Adjusted Price Price Graph Sold Price 700K Average sale price in Okanagan Landing in the first quarter of 2013 Was $300,801. 600K 500K Original Price 400K 300K 200K 100K 0K 10055869 10054433 10058524 10056155 10059293 10057020 10037486 10045288 10057829 10056895 10040724 10060750 10058477 10058798 MLS® # Researched and prepared by Brenda Ellis Sutton Group-Lakefront Realty 250-549-3944
  • 5. Wednesday, April 10, 2013 CMA Pro Report These pages give a general overview of the selected properties. Sold Properties Total # of Listings 14 #116600 Okanagan Avenue Lowest Price $31,000 #179845 Eastside Road Highest Price $635,000 #265886 Okanagan Landing Road Average Price $300,801 #2696900 Tronson Road Avg. Price/SqFt $174.75 #2796900 Tronson Road Avg DOM 141 #426900 Marshall Road #472727 Lakeshore Road #576688 Tronson Road #629845 Eastside Road #74990 25 Avenue #77760 Okanagan Landing Road 6125 Okanagan Avenue 7504 Klinger Road 8980 Okanagan Landing Road 0K 200K 400K 600K 800K 1000K 1200K Researched and prepared by Brenda Ellis Sutton Group-Lakefront Realty 250-549-3944
  • 6. Wednesday, April 10, 2013 CMA Pro Report These pages give a general overview of the selected properties. Summary Graph/Analysis 1,000.0K 800.0K 600.0K 400.0K 200.0K 0.0K Avg Price Min Price Max Price Cumulative Analysis Listing Category Lowest Price Highest Price Average Price Avg $ Per SqFt Sold $31,000 $635,000 $300,801 $174.75 Totals / Averages $31,000 $635,000 $300,801 $174.75 Sold Property Analysis Address Orig Price Sold Price DOM SP/OP SP/Sqft #2696900 Tronson Road $39,900 $31,000 119 -%22.31 $28.18 #2796900 Tronson Road $79,900 $72,250 138 -%9.57 $53.13 #74990 25 Avenue $139,900 $132,500 40 -%5.29 $127.40 #576688 Tronson Road $169,000 $163,000 126 -%3.55 $130.61 #472727 Lakeshore Road $189,900 $184,000 41 -%3.11 $134.11 #265886 Okanagan Landing Road $289,900 $280,000 71 -%3.41 $172.84 #116600 Okanagan Avenue $334,900 $308,460 507 -%7.89 $154.69 #426900 Marshall Road $338,000 $316,000 349 -%6.51 $174.78 7504 Klinger Road $360,000 $335,000 54 -%6.94 $137.07 #629845 Eastside Road $399,000 $395,000 56 -%1.00 $281.94 6125 Okanagan Avenue $489,000 $399,000 400 -%18.40 $369.44 Researched and prepared by Brenda Ellis Sutton Group-Lakefront Realty 250-549-3944
  • 7. Wednesday, April 10, 2013 CMA Pro Report These pages give a general overview of the selected properties. 8980 Okanagan Landing Road $449,900 $460,000 15 %2.24 $186.23 #77760 Okanagan Landing Road $549,000 $500,000 24 -%8.93 $171.82 #179845 Eastside Road $649,000 $635,000 33 -%2.16 $324.31 Total Averages 319,807.14 300,801 141 %-6.92 $174.75 Property Summary S Street Address Bd Bth Sqft Built Orig Price Price Sold Date DOM S #2696900 Tronson Road 3 1 1100 1973 $39,900 $31,000 02/19/2013 119 S #2796900 Tronson Road 4 2 1360 1974 $79,900 $72,250 02/04/2013 138 S #74990 25 Avenue 2 2 1040 1982 $139,900 $132,500 03/01/2013 40 S #576688 Tronson Road 2 2 1248 2006 $169,000 $163,000 03/05/2013 126 S #472727 Lakeshore Road 3 2 1372 1981 $189,900 $184,000 03/19/2013 41 S #265886 Okanagan Landing Road 3 3 1620 2002 $289,900 $280,000 02/05/2013 71 S #116600 Okanagan Avenue 3 3 1994 2009 $334,900 $308,460 03/20/2013 507 S #426900 Marshall Road 3 3 1808 2009 $338,000 $316,000 03/26/2013 349 S 7504 Klinger Road 3 3 2444 1972 $360,000 $335,000 02/26/2013 54 S #629845 Eastside Road 3 3 1401 2007 $399,000 $395,000 01/16/2013 56 S 6125 Okanagan Avenue 3 1 1080 1940 $489,000 $399,000 03/04/2013 400 S 8980 Okanagan Landing Road 3 3 2470 1975 $449,900 $460,000 03/28/2013 15 S #77760 Okanagan Landing Road 4 3 2910 2006 $549,000 $500,000 02/13/2013 24 S #179845 Eastside Road 3 3 1958 2006 $649,000 $635,000 03/01/2013 33 Researched and prepared by Brenda Ellis Sutton Group-Lakefront Realty 250-549-3944