More SOLD Signs On North Okanagan Lawns
N Ok Real Estate Sales Up
Real estate sales in the North Okanagan are seeing some real gains.
The Okanagan Mainline Real Estate Board President Rob Shaw says April sales were the strongest in the North Okanagan with a 30% improvement over 2011 and
single family homes saw the most significant gain with a 48% increase in units sold.
136 units sold, compared to 105 in 2011, and sales volumes were up 26.1% to $45.9 million from $36.4 million. Sales for the month also improved 8.8% over March to 136 from 125. Total residential sales for April (123 units) showed a 26.8% improvement over last year (97) – a 7.9% increase over the 114 last month. Single family home sales (83) for the month were up 48.2% compared to the units sold in April 2011 (56), and improved by 25.8% compared to sales this March (66). Inventory during April dropped 4.7% to 2,366 compared to 2,483 this time last year, and the 466 new listings taken for the month dipped 3.1% from 481 in 2011.