Average price in the Salmon Arm & Shuswap area still affordable

With two months selling history in the Shuswap area residential average home prices are much more affordable than Greater Vancouver's average house price almost reaching the $ 1 million! Because of high home prices in the Greater Vancouver area most Buyers options are multi-family units. In the Shuswap area average home prices are still less than $1/2 milllion! How much the average house price increased or decreased in each area varies from same period 2007.

BLIND BAY
$440,250; -22%

CHASE
$210,250; -5.3%

SALMON ARM NE
$342,250; +29%

REVELSTOKE
$451, 653; +40.8%

SALMON ARM SE
$366,647; +8.7%

SICAMOUS
$316,937; -14.5%

TAPPEN/SUNNYBRAE
$426,666; -17.8%

SHUSWAP area overall
$367,727; 0%

(Source: Okanagan Mainline Real Estate Board)

If the above recent market info makes you think twice whether making a lifestyle change to the Shuswap because of being able to buy an affordable house touch base with june@juneconway.com to make it happen!