In this presentation we look at the Okanagan Landing neighbourhood of Vernon BC within the North Okanagan Zone. All data is from the Okanagan Mainline Real Estate Board database. 14 residential MLS® property sales were reported in the first quarter of 2013 (Jan. 1 - March 31, 2013) There were no sales of bare land in the property mix, but there were manufactured homes, town homes and one home on acreage.
Visit our Okanagan Landing pages at http://www.OkanaganRealEstateUmbrella.com to access information about the properties that sold.
If you are looking to buy or sell real estate in Okanagan Landing, we hope you find this information useful. If you are not already in a happy, committed relationship with a REALTOR® we'd love to apply for the job when you are ready to talk about your next move.
If you have any questions or comments, we'd love to hear from you. Feel free to call or text us 250-308-4310
Warmest regards,
Brell
Brenda Ellis
Sutton Group - Lakefront Realty, Vernon Bc
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