Thrive Okanagan Real Estate Team

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šŸ” Shuswap and North Okanagan Real Estate Update - February 2024 šŸ”

Dive into the latest market trends in the Shuswap and North Okanagan areas!

North Okanagan Highlights:

  • Units Sold: 94 (A slight decrease of 1.1% from last year)
  • Dollar Volume: $61.5M (An increase of 1.4% - the market is heating up!)
  • Active Listings: 673 (Up 24.4%, offering more choices for buyers)
  • New Listings: 214 (An increase of 22.3% - fresh options coming your way!)

Shuswap Revelstoke:

  • Units Sold: 42 (An impressive jump of 31.3%!)
  • Dollar Volume: $32.3M (A stunning surge of 68.5%, highlighting the area's growing appeal)
  • Active Listings: 398 (Increased by 22.1%, showcasing a vibrant market)
  • New Listings: 138 (A significant boost of 40.8%, meaning more opportunities for you)

The numbers speak volumes: the North Okanagan and Shuswap regions are buzzing with activity, presenting both challenges and opportunities. Whether you’re looking to buy your dream home, invest in a vacation property, or sell your estate, the current market dynamics offer something for everyone.

With an array of options from single-family homes to condos and townhouses, now is a pivotal time to consider your next move in these scenic locales.

Stay tuned for more insights or reach out to dive deeper into how these trends can benefit your real estate journey. Let's navigate the vibrant Shuswap and North Okanagan real estate markets together!

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