| Recent Blog Posts by Jason Neumann | ||
January 2012 Kelowna and Okanagan Real Estate StatsKelowna West Kelowna and Okanagan Real Estate Stats - January 2012
Ratio of Sales vs. Total Inventory = 5.73%
Condo -- Sales = 40
Condo -- New Listings = 174
Condo -- Current Inventory = 850
Condo -- Sell/Inv. Ratio = 4.71%
Condo -- Days to Sell = 105
Average Price: $267,945
Average Median Price: $233,000
Townhouse -- Sales = 25
Townhouse -- ...
Posted by Jason Neumann
on February 12, 2012
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Kelowna Foreclosure Property Sales August 2011The Central Okanagan foreclosure inventory levels continue to show signs of steady increases from month to month in 2011. Buyers ask me all the time if I foresee a huge influx of court ordered sales to the Kelowna real estate market? In my opinion, having watched how the local banks and lenders handle the foreclosure process the answer would have to be...no I don't. Reason being is banks ...
Posted by Jason Neumann
on August 29, 2011
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Kelowna and Central Okanagan December 2010 StatsRatio of Sales vs. Total Inventory = 5.43%
Condo -- Sales = 44
Condo -- New Listings = 166
Condo -- Current Inventory = 884
Condo -- Sell/Inv. Ratio = 4.98%
Condo -- Days to Sell = 119
Average Price: $237,066
Average Median Price: $217,450
Townhouse -- Sales = 21
Townhouse -- New Listings = 85
Townhouse -- Current Inventory = 440
Townhouse -- ...
Posted by Jason Neumann
on January 9, 2011
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Kelowna and Central Okanagan October 2010 StatsRatio of Sales vs. Total Inventory = 6.31%
Condo -- Sales = 44
Condo -- New Listings = 134
Condo -- Current Inventory = 921
Condo -- Sell/Inv. Ratio = 4.78%
Condo -- Days to Sell = 128
Average Price: $244,118
Average Median Price: $216,250
Townhouse -- Sales = 32
Townhouse -- New Listings = 79
Townhouse -- Current Inventory = 456
Townhouse -- ...
Posted by Jason Neumann
on November 14, 2010
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Central Okanagan July 2010 StatsWith summer now well into full swing in the Okanagan visitors from all over the world are enjoying the many activities and amenities that this region is famous for! That however, has not translated into more demand for housing in Kelowna as the current real estate market has cooled by nearly 50% in sales over this time last year. Inventory levels continue to increase giving buyers more ...
Posted by Jason Neumann
on August 11, 2010
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Kelowna,BC and Central Okanagan Foreclosure Stats for April 2010There are currently 61 active foreclosures (as of April 21,2010) amongst the entire listing inventory for the Central Okanagan. That is a decrease of 3 properties in the foreclosure inventory from last month.
The foreclosure inventory breakdown is as follows:
6 Lots and Acreages ($114,900 to $1.22 Million) with no pending sales
0 Manufactured ...
Posted by Jason Neumann
on April 21, 2010
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The Dangers and Pitfalls of Overpricing Your Home
There are potential dangers and pitfalls when it comes to pricing your home in any kind of real estate market. Sellers can be reluctant to price their home in line with the marketplace as they feel they may be giving away too much of their home equity. The reality is pricing your home right from the start will get the net result you are looking for as a seller. Here ...
Posted by Jason Neumann
on March 20, 2010
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Okanagan Seller's CornerThere are a number of different areas that are important to consider when choosing your real estate representative:
Personality & Service Once you decide to sell your home, it is important to choose a realtor that both you and your family can trust and feel comfortable working with. As a sales associate for Century 21 Assurance Realty Ltd., I am that real estate professional you are looking for. ...
Posted by Jason Neumann
on March 11, 2010
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BC Assessment - Property Owner's ChecklistHere's a checklist for BC homeowners:
Have you received your new 2010 property assessment notice yet?
If not, call toll free 1-800-668-0086 or contact them online.
If so, be sure to review it carefully.
If you have any questions go online or call your local assessment office.
Go online to compare other property assessments using the free e-valueBC (TM) service website.
If you disagree ...
Posted by Jason Neumann
on January 9, 2010
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