TURKEY TIME IS OVER……AND BUYER’S ARE BACK DOWN TO BUSINESS! In total, we sold 14 homes in the past week. That’s DOUBLE the homes sold as compared to the week prior. Total value of these 14 home sales was just over $3.7 million dollars compared to $2.9 million the week prior. The highest priced sale was a Townhome in the North end of the city which sold for more than $450k. The difference between listing price and sales price was 98% for the week. Most homeowners (Seller’s) are being very realistic with their offering price, and we are firmly locked into a balanced market at this time. If you have been following this weekly post, then you would know that RIGHT NOW is a GREAT time to buy that new HOME!
Here’s the breakdown of property “type” for this past week (January 6th to January 12th)
- 2 Townhomes
- 2 Single Family
- 3 Mobile Homes
- 7 Condos
Remember…If you’re thinking of Buying or Selling the South Okanagan, please give me a call at 250-329-5138 to see how YOU fit into today’s real estate market!