3047 Parkhurst in Glenrosa is Sold!

3047 Parkhurst in Glenrosa is Sold!

Glenrosa, West Kelowna – This rancher with basement at 3047 Parkhurst has been sold. Thanks Bert ter Horst Realty Executives.

 

Living in Kelowna,
Andrew Smith
Smith McLellan Group
Royal LePage Kelowna
Info@OkanaganBC.com
To view homes go to www.Okanaganbc.com
250-979-8066 or Toll Free 1-800-330-5883
Follow me on Twitter @smithap01

Kelowna Real Estate Update April 2011

Kelowna Real Estate Update April 2011

Sorry I’m a couple of days late with my Monday morning market update but better late than never.

Here’s the scratch-your-head stat of the day…. There are 1,531 condominiums on the market (way too many) right now and 1,531 residential detached single family houses (about normal for this time of year) right now. Someone might prove me wrong but I don’t think there has ever been more condos on the market than houses in Kelowna.

There has been 584 residential sales so far this year with an average sale price of $487,000. This is off from the $503,000 average for this time in 2010 but significantly higher than the $405,000 average from 5 years ago. On the condo side, there have been 323 condo sales this year at an average sale price of $289,000. This is also down slightly from last year’s $295,000 but up from $248,000 five years ago. We have certainly faired much better than most communities and 2011 continues to look strong.

The Kelowna market is always interesting just before the spring and summer arrive as homeowners try and guess how many people for out of town will come to Kelowna on vacation, fall in love with our community and buy a home or condo. If fact there are some home owners that put their home on the market every year at this time and wait to see if they can sell to someone from out of town. Most people buying a home in an unfamiliar market will call a Realtor and  get themselves educated on the market  and what the previous sales in the neighborhood have been for comparable homes. The internet has become a buyers good friend for finding information

Until next time…

Realtor Andrew Smith
Living in Kelowna,
Andrew Smith
Royal LePage Kelowna
250-979-8066 or Toll Free 1-877-330-5884
Follow me on Twitter @smithap01

Cal for more information https://www.okanaganbc.com/ or view here kelowna bc real estate

Kelowna Housing Update….week 15

Kelowna Housing Update….week 15

The 15th week of the year saw Kelowna realtors sell 32 residential homes in Kelowna at an average sale price of $486,000 and an average market time of 86 days. The high end of the market was quiet with only two homes selling above $650,000 while the other end of the market was active with 12 homes selling under $400,000. It’s fantastic to see so many first time buyers getting back into the market. The same week in 2010 there were 53 sales with a $476,000 average sale price. If you’re a lakeshore home owner here in the Okanagan it was probably a quiet week in terms of showings.

Looking at the housing market for the year so far, we’re 75 sales behind last year’s pace, 537 this year/612 last year (meh….we’ll catch up for sure) but prices are close to 2010 levels. This time last year the average price was $495,000 and we’re at $486,000. I’m not sure what sort of impact the election/playoffs/weather is having on our market (probably none) but it’s encouraging to see so many people out to our open houses.

 

Looking for a home in Kelowna? It is a good idea to drive around the many different neighborhoods in Kelowna and get a feeling of what  area you find are the most attractive and would feel like home to you. With Lake Okanagan changing direction when it hits Kelowna we find the light and soil conditions change with the different neighborhoods and with that the vegetation and types of trees change also. In some areas the trees are mostly Ponderosa Pine and the  yards are very dry with little grass and in the next neighborhood it can change to Evergreen trees and lush  lawns. The beauty of each area is in the eyes of the beholder.

Heading home early to watch game 3 habs/bruins. I wonder if Boston will roll over and die or come out spitting nails. I predict the latter.

Realtor Andrew Smith
Living in Kelowna,
Andrew Smith
Royal LePage Kelowna
250-979-8066 or Toll Free 1-877-330-5884
Follow me on Twitter @smithap01

Cal for more information https://www.okanaganbc.com/ or view here Kelowna residential Homes

Popular Brandts Creek Crossing Condo

Popular Brandts Creek Crossing Condo


Sharply Priced

¢ 1,175 sq. ft., 2 bath, 2 bdrm single story – MLS®$287,000

Lower Mission, Kelowna – Well priced condo in sought after Brandts Creek Crossing. Two bedrooms and two bathrooms with Glenmore valley views from two balconies. Oversized kitchen with eating area and all appliances included in price.

Complex has many amenities including fitness area, guest suite and meeting area. Small pet is allowed, 19 years and over age limit and no rentals. Easy to show.

 

Luxury Loft Style Condominium In Playa del Sol

Luxury Loft Style Condominium In Playa del Sol


BRIGHT WITH SOARING CEILINGS

¢ 921 sq. ft., 2 bath, 2 bdrm single story – MLS® $367,000 – BEST VALUE

Lower Mission, Kelowna – Executive condo with loft. Naturally bright with vaulted ceilings and floor to ceiling windows capture breathtaking views both southwest and west facing towards the lake and mountains.
The perfect paradise for the busy executive or retiree….Pool, hot tub, fitness centre with steam room, lounge and restaurant. or…. walk across the street to the marina and lakefront bar.

 

Living in Kelowna,
Andrew Smith and Jo Ann McLellan
Smith McLellan Group
Royal LePage Kelowna
Info@OkanaganBC.com
To view homes go to www.Okanaganbc.com
250-979-8066 or Toll Free 1-800-330-5883
Follow me on Twitter @smithap01