Peachland Market Update

New Peachland Listings and Solds for Sale March 27/17

There are 6 new listings of resale homes for sale in Peachland in the 7 days:

Adress                                         Asking Price

6207 Thompson Place                    $549,000  
5250 Huston Road                         $498,000
4316 Beach Ave                            $988,000
106 - 5970 Princess Street             $359,900
#128 5300 Huston Rd                    $549,900
6074 Jackson Crescent                   $299,000

We are beginning to see the very beginning of the spring listing market.

In the past week the following Peachland properties sold:

Address                           Selling Price         # Days on the market until officially sold

230-3996 Beach Ave        $495,000                 15 immediate offer
103-5275 Buchanan Rd    $620,000                 13 immediate offer
4788 Seaton Place           $499,000                 25 very fast offer
4622 Princeton Ave          $644,000                 40 fast offer
#22 6663 Hwy 97            $36,700                   44 fixer upper mobile auction
109 - 5300 Huston Rd      $525,000                196 beyond 60-90 day guidance period

What this data shows is inventory remains low and the market absorbtion rate is close to being on par or even, suggesting inventory selection won't rise much at this point -  supporting current market values or suggesting more price increases.

Need to move? Call Dave for your complimentary market analysis on your home.