Hows The North Okanagan Real Estate Market?

How’s The Market?

A Look back at North Okanagan Real EstateKey Performance Indicators

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A Look at the Key Performance Indicators

• The following slides present an overview of the six key performance indicators we watch so that we know what is going on in the market.

• We use this information to identify trends and forecast upcoming events in the market.

• The Inventory and Absorption rates are presented first – as these numbers dictate more than any other what will happen to pricing.

• Information for these charts is pulled from the Okanagan Mainline Real Estate Board statistics and is believed to be correct, however should not be relied upon without verification.


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A look at the North Okanagan Real Estate MarketFrom 2007 - 2010


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The number of properties available :


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Number of Properties Sold


66

The percentage of available properties selling


77

The Average number of Days on the Market


88

The Average Sale Price


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& The Median (middle of the Market) Sale Price


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For a Greater PerspectiveLet’s Look back over the last 10 years in North Okanagan Real Estate


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Historical: Inventory Trend by Quarter


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Historical: Number of Sales


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Historical: Absorption Rate


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Historical: Number of Days to Sell


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Historical: Average Sale Price


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Historical: Median (middle of market Sale Price

Thank you for checking out the North OkanaganReal Estate MarketPlease feel free to contact us for more explanation or to discuss your particular real estate questions, concerns or thoughts.

Warmest regards,http://www.TheOkanaganRealEstateHub.com

http://www.theokanaganrealestatehub.com/

Hows The North Okanagan Real Estate Market?

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