Penticton House Sold for $160K this week – see more -----Raymond MAASKE’s Summerland & Penticton Weekly Real Estate update for Jan 19, 2012.

Penticton House Sold for $160K this week – see more -----Raymond MAASKE’s Summerland & Penticton Weekly Real Estate update for Jan 19, 2012.

Jan 12/12 Summerland, Penticton Okanagan BC Weekly Market Update - Raymond MAASKE - Home Star Realty

Jan 12/12 Summerland, Penticton Okanagan BC Weekly Market Update - Raymond MAASKE - Home Star Realty

South Okanagan Monthly and Annual Real Estate Statistics December 2011 and Year to Date Market Review by Raymond MAASKE – Home Star Realty

Osoyoos was the big winner in December with reports sales (dollar value) up 933%!  December 2010 there was only 1 sale, December 2011 10 sales.  However, for the year Osoyoos is about even on units sold but values continued to fall.

Overall, the big winner in 2011 has been Summerland giving a strong finish to 2011 with a 200% increase in the number of units sold over December 2010.  This translated into a 295% increase in dollar value of properties sold.  Summerland’s average sales price per unit dropped for the year 2%, which was greatly helped by the 32% increase for December 2011 over 2010. 

Penticton’s prices have risen 4% for the year while sales have dropped by about the same.

If some or all of this does NOT make sense feel free to contact me and I can explain what it means in other terms.  If you want to watch the video report or a copy of the full report go to:  http://www.homestarrealty.ca/MARKET_UPDATE/page_2288466.html

Have a great day and here is to a great year!

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December 8, 2011 Okanagan, Summerland, Penticton, Real Estate Market Update - Raymond MAASKE

This week there were 4 news sales (3 in Penticton and 1 in Summerland).  The Average list price of those that sold was $297K and the average selling price was $285K or $320 per square foot.  On the listings side, 5 new listings (4 in Penticton and 1 in Summerland).  The average list price was $642K which is higher than usual because of at $1.895K new listing on Valleyview in Penticton.

Please see the video attached (http://www.youtube.com/watch?v=C4R4atN5-bM ) here as I go into more details of what these properties consisted or and how long it took to sell.

Generally speaking, sales and listings are down BUT IT is certainly is a great time to buy!

Watch Video Update at:  http://www.youtube.com/watch?v=C4R4atN5-bM

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About Home Star Realty:

http://www.homestarrealty.ca/    or email:  Raymond@HomeStarRealty.ca     250.488.8764

Summerland, Penticton, Okanagan, BC - Real Estate and Homes for Sale - Home Star Realty - Raymond MAASKE  is the new generation of real estate company in the Okanagan Valley.   We combine the best real estate technologies with the top professional services of Okanagan realtors.  Specializing in marketing local properties we are able to give Okanagan listings maximum exposure here in the Okanagan, throughout British Columbia and across Canada.

We pride ourselves on being PROPERTY MARKETING SPECIALISTS - we use the newest & best technology to ensure your property is seen by the largest number of potential buyers. We also continue to update our website daily with updated Okanagan market reports and new listings. We are ready to help!

December 8, 2011 Okanagan, Summerland, Penticton, Real Estate Market Update - Raymond MAASKE