coldstream bc real estate market update (july & aug. 2013

8
July 1 - August 31, 2013 Neighbourhood MARKET REPORT Brell's Residential MLS® Real Estate Update Coldstream, BC

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Hi, and thanks for popping by to check out this residential MLS® real estate report specifically designed to highlight what is happening in Coldstream BC. ( Just outside Vernon, Bc in the North Okanagan). This report will give you the highlights specific to property sales reported in the sub-area of Coldstream in July and August of 2013. All information is from the Okanagan Mainline Real Estate Board database. There were 40 property sales in the summer of 2013. You will find a list of them here, and indicators as to how each sale performed. Property details are available on our Coldstream real estate pages at http://www.ForSaleInColdstream.com This site has links to MLS® properties for sale in Coldstream as well as historical and recent statistics. Property sales are also available on the Market Update Page Link. If you have any questions, or want to talk about the Coldstream BC real estate market, feel free to contact me - [email protected] or via phone or text at 250-308-4310. I am a REALTOR® with Sutton Group - Lakefront Realty, based in Vernon, BC. I live in Coldstream, and have for the past (eek!) almost 20 years! I am invested in this market and would love to share it with you. Warm regards, Brell, Brenda Ellis Okanagan Real Estate Umbrella @ Sutton Group - Lakefront Realty Ltd. Covering you from your first steps, beyond your doorstep!

TRANSCRIPT

Page 1: Coldstream BC Real Estate Market Update (July & Aug. 2013

July 1 - August 31, 2013

Neighbourhood

MARKET REPORT

Brell's Residential MLS®

Real Estate Update

Coldstream, BC

Page 2: Coldstream BC Real Estate Market Update (July & Aug. 2013

Minimums and MaximumsThis page summarizes key fields of the listings in this analysis.

Sunday, September 8, 2013

The listings in this analysis can be summarized as follows:

Priced between $154,900 and $859,900

Selling Price between $147,500 and $855,750

0 to 3980 Square Feet

1.0 to 4.0 Bathrooms

2 to 6 Bedrooms

$0 to $426 per Square Foot

2 to 660 Days on Market

Built between 0 and 2013

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

This report is an analysis of residential real estate sales in the Coldstream neighbourhood of North Okanagan in July and August 2013. All data is from the Okanagan !ainline Real Estate Board database. It reflects MLS property sales.
The 0's in the summary indicate that there were bare land or lot sales in the property mix. If you are a homeowner in Coldstream, or if you are considering buying or selling here, or if you just want to talk about the market, feel free to contact me. I'd love to chat.
Page 3: Coldstream BC Real Estate Market Update (July & Aug. 2013

Number of Days On MarketThis graph illustrates the number of days on market for the listings in this analysis.

Sunday, September 8, 2013

0

100

200

300

400

500

600

700

1006

4222

1004

2712

1003

7644

1003

7647

1005

2168

1005

5112

1006

6162

1006

0930

1006

1875

1006

5143

1006

7618

1006

8258

1006

9376

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0737

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4599

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2652

1006

5120

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4458

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6283

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5519

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6934

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7306

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3881

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4902

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7253

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1367

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5153

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6859

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5244

1006

9035

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9939

1007

0511

1006

3812

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3259

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8396

1006

2516

1005

9945

1006

8167

1005

3283

1005

9586

MLS Number

DO

M

DOM / MLS® Number

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

While the average days in the last list period for a property to sell was 145, you can see by this chart that most properties sold in less than 100 days in Coldstream during July and August 2013.
Page 4: Coldstream BC Real Estate Market Update (July & Aug. 2013

Original Price, Adjusted Price, and Sale Price

This graph illustrates the original and adjusted list price, along with sale price in Sold listings.

Sunday, September 8, 2013

100K

200K

300K

400K

500K

600K

700K

800K

900K

100

6422

2100

4271

2100

3764

4100

3764

7100

5216

8100

5511

2100

6616

2100

6093

0100

6187

5100

6514

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6761

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6825

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6937

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0100

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6685

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6524

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6903

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7051

1100

6381

2100

6325

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6839

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6251

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6816

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5328

3100

5958

6

Original Price

Adjusted Price

Sold Price

MLS® #

Ori

gin

al

Pri

ce

Price Graph

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

The yellow sale was a manufactured home. The green sales were building lots.The average sale price over the 40 property sales was $471,570.
Page 5: Coldstream BC Real Estate Market Update (July & Aug. 2013

CMA Pro Report

These pages give a general overview of the selected properties.

Sunday, September 8, 2013

Sold Properties

Total # of Listings

Lowest Price

Highest Price

Average Price

Avg. Price/SqFt

Avg DOM

$147,500

$855,750

$471,570

145

40

$176.62

0K 200K 400K 600K 800K 1000K 1200K

#1039875 Selkirk Drive#1079875 Selkirk Drive#257880 Kidston Road#397880 Kidston Road11601 Kalamalka Road

11601 Priest Valley Drive11705 Upper Summit Drive

11709 Lochhaven Drive11881 Lambert Drive

11904 Creek Drive12008 Husband Road

12011 Cottonwood Lane12509 Kidston Road

14366 Invercraig Place14396 Invercraig Place

195 Ravine Drive2 Bayview Heights

233 Scenic Drive442 Scenic Drive50 Midland Drive

506 Guildford Court515 Mt Tanner Place

5430 Learmouth Road550 Mt. Tanner Place

5601 Highway 6623 Mt. Ida Drive706 Mt Ida Drive

716 Mt. Thor Drive7304 Priest Valley Drive

7588 Hwy. 6 Highway7605 Holtam Drive

8731 Hofer Place8758 Hofer Drive8760 Hofer Drive8776 Hofer Drive8778 Hofer Drive

8841 Braeburn Drive8995 Varsity Drive

9505 Kalamalka Lake Road9807 Kinross Place

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

Page 6: Coldstream BC Real Estate Market Update (July & Aug. 2013

CMA Pro Report

These pages give a general overview of the selected properties.

Sunday, September 8, 2013

0.0K

200.0K

400.0K

600.0K

800.0K

1,000.0K

Avg Price Min Price Max Price

Summary Graph/Analysis

Cumulative Analysis

Listing Category Avg $ Per SqFtAverage PriceLowest Price Highest Price

$147,500 $855,750 $176.62$471,570Sold

$471,570Totals / Averages $176.62$147,500 $855,750

Address DOM SP/OPOrig Price Sold Price

Sold Property Analysis

SP/Sqft

506 Guildford Court -%4.78 $141.28$147,500 65$154,900

8841 Braeburn Drive -%15.07 $0.00$191,000 536$224,900

14396 Invercraig Place -%5.86 $0.00$225,000 655$239,000

14366 Invercraig Place -%3.77 $0.00$230,000 660$239,000

11601 Kalamalka Road -%11.53 $158.65$330,000 347$373,000

#1039875 Selkirk Drive -%3.14 $201.13$338,900 327$349,900

5601 Highway 6 -%10.26 $170.60$349,900 74$389,900

#1079875 Selkirk Drive -%4.61 $208.90$352,000 120$369,000

11601 Priest Valley Drive -%15.12 $123.25$370,000 149$435,900

442 Scenic Drive -%8.21 $103.15$380,000 88$414,000

7304 Priest Valley Drive -%1.27 $165.22$380,000 18$384,900

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

Page 7: Coldstream BC Real Estate Market Update (July & Aug. 2013

CMA Pro Report

These pages give a general overview of the selected properties.

Sunday, September 8, 2013

9505 Kalamalka Lake Road -%2.31 $157.55$380,000 22$389,000

11881 Lambert Drive -%6.61 $174.32$410,000 29$439,000

11709 Lochhaven Drive -%5.43 $176.27$416,000 122$439,900

9807 Kinross Place -%4.75 $222.64$419,000 74$439,900

195 Ravine Drive -%15.00 $0.00$425,000 371$500,000

8995 Varsity Drive -%6.72 $162.50$429,000 56$459,900

50 Midland Drive -%8.28 $121.26$430,000 100$468,800

#397880 Kidston Road -%7.10 $266.31$445,000 74$479,000

12509 Kidston Road -%15.87 $141.24$450,000 98$534,900

2 Bayview Heights -%4.81 $224.27$475,000 48$499,000

7588 Hwy. 6 Highway -%4.81 $197.42$475,000 49$499,000

11904 Creek Drive -%8.57 $153.11$480,000 114$525,000

7605 Holtam Drive -%7.67 $181.47$480,000 75$519,900

12008 Husband Road -%2.90 $186.40$485,000 70$499,500

233 Scenic Drive -%1.98 $176.90$490,000 162$499,900

515 Mt Tanner Place -%5.77 $200.80$555,000 77$589,000

12011 Cottonwood Lane -%1.22 $253.64$558,000 27$564,900

8776 Hofer Drive -%1.73 $223.49$569,000 100$579,000

8778 Hofer Drive -%1.73 $222.70$569,000 8$579,000

8758 Hofer Drive %0.00 $226.61$579,000 2$579,000

8760 Hofer Drive %0.00 $227.42$579,000 4$579,000

11705 Upper Summit Drive -%9.86 $181.85$585,000 70$649,000

5430 Learmouth Road -%0.82 $190.77$595,000 99$599,900

8731 Hofer Place -%3.27 $218.42$627,750 46$649,000

716 Mt. Thor Drive -%8.13 $161.56$643,000 124$699,900

#257880 Kidston Road -%2.93 $425.81$660,000 174$679,900

623 Mt. Ida Drive -%2.11 $232.20$685,000 22$699,800

706 Mt Ida Drive -%6.92 $215.13$819,000 358$879,900

550 Mt. Tanner Place -%4.81 $270.38$855,750 178$899,000

471,570 499,835.00 145 %-5.89 $176.62Total Averages

Property SummaryPriceS Sold DateBuiltSqftBthBd Orig PriceStreet Address DOM

506 Guildford CourtS $147,500 07/03/20132 1 1976 65$154,9001044

8841 Braeburn DriveS $191,000 08/23/2013 536$224,9000

14396 Invercraig PlaceS $225,000 08/16/2013 655$239,0000

14366 Invercraig PlaceS $230,000 08/21/2013 660$239,0000

11601 Kalamalka RoadS $330,000 07/12/20133 2 1967 347$373,0002080

#1039875 Selkirk DriveS $338,900 08/26/20133 3 2007 327$349,9001685

5601 Highway 6S $349,900 08/12/20132 2 0 74$389,9002051

#1079875 Selkirk DriveS $352,000 07/07/20133 3 2007 120$369,0001685

11601 Priest Valley DriveS $370,000 08/21/20136 3 1974 149$435,9003002

442 Scenic DriveS $380,000 08/09/20135 4 1979 88$414,0003684

7304 Priest Valley DriveS $380,000 07/13/20134 3 1972 18$384,9002300

9505 Kalamalka Lake RoadS $380,000 07/30/20134 2 1959 22$389,0002412

11881 Lambert DriveS $410,000 08/28/20134 3 1989 29$439,0002352

11709 Lochhaven DriveS $416,000 07/05/20133 3 1988 122$439,9002360

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis

Page 8: Coldstream BC Real Estate Market Update (July & Aug. 2013

CMA Pro Report

These pages give a general overview of the selected properties.

Sunday, September 8, 2013

9807 Kinross PlaceS $419,000 07/18/20133 2 2008 74$439,9001882

195 Ravine DriveS $425,000 08/15/2013 0 371$500,0000

8995 Varsity DriveS $429,000 07/07/20133 3 1989 56$459,9002640

50 Midland DriveS $430,000 08/09/20135 4 1993 100$468,8003546

#397880 Kidston RoadS $445,000 08/15/20133 3 1981 74$479,0001671

12509 Kidston RoadS $450,000 08/24/20135 4 2001 98$534,9003186

2 Bayview HeightsS $475,000 07/30/20134 3 2000 48$499,0002118

7588 Hwy. 6 HighwayS $475,000 08/07/20134 3 1973 49$499,0002406

11904 Creek DriveS $480,000 08/15/20134 3 2007 114$525,0003135

7605 Holtam DriveS $480,000 07/22/20134 3 1969 75$519,9002645

12008 Husband RoadS $485,000 08/28/20134 3 1981 70$499,5002602

233 Scenic DriveS $490,000 08/28/20134 3 1990 162$499,9002770

515 Mt Tanner PlaceS $555,000 07/29/20135 3 2007 77$589,0002764

12011 Cottonwood LaneS $558,000 07/08/20133 3 1958 27$564,9002200

8776 Hofer DriveS $569,000 08/23/20133 4 2013 100$579,0002546

8778 Hofer DriveS $569,000 08/02/20132 4 2013 8$579,0002555

8758 Hofer DriveS $579,000 08/14/20133 4 2013 2$579,0002555

8760 Hofer DriveS $579,000 08/29/20133 4 4$579,0002546

11705 Upper Summit DriveS $585,000 07/03/20135 4 1982 70$649,0003217

5430 Learmouth RoadS $595,000 07/22/20134 3 1994 99$599,9003119

8731 Hofer PlaceS $627,750 08/29/20135 4 2010 46$649,0002874

716 Mt. Thor DriveS $643,000 08/06/20134 3 1993 124$699,9003980

#257880 Kidston RoadS $660,000 08/13/20133 3 1980 174$679,9001550

623 Mt. Ida DriveS $685,000 07/29/20134 3 2010 22$699,8002950

706 Mt Ida DriveS $819,000 08/16/20134 3 2010 358$879,9003807

550 Mt. Tanner PlaceS $855,750 08/10/20135 3 2013 178$899,0003165

Sutton Group-Lakefront Realty 250-549-3944

Researched and prepared by Brenda Ellis