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cosensteam.ca

January 2019 Issue
250-833-5372
Cosens Team
January newsletter

Hello Friend

Welcome to our newsletter. Here you will find the latest real estate news and stats for your area. If you would like more information about market conditions in your community, or have any other real estate related questions, please contact us. We would be happy to meet with you to see how we can help you out.

Cosens Team
Cosens Team
Century 21 Executive Realty Ltd.
250-833-5372
cosensteam.ca

December’s Residential Market Poses No Surprises

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Residential sales posted to the Multiple Listing Service (MLS®) for the Peachland to Revelstoke region declined to 324 in December, a 29% decrease from both the previous month and this time last year.

“No surprise, the market is doing what it tends to do this time of year with all indicators pointing to a generalized slow-down,” says OMREB President Marv Beer, adding “Unlike last December, both average price and days on market stayed on trend with average price lower and days on market higher than last month and last year.”

Average price, at $504,581, was 3% lower than November’s price and 3% lower than this time last year. Average days on market increased to 99, compared to 91 in November and 79 last December. New listings were 426 compared to 465 last December, contributing to an inventory of homes for sale that remains 35% higher than this time last year.

Click here for the full report.

Three Tips for Keeping Your New Year’s Resolutions

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Welcome to 2019! The New Year has officially arrived and with it, New Year’s resolutions! As most are aware, New Year’s resolutions are notoriously difficult to stick with past the first few weeks of January. Stay true to your 2019 resolutions by using these helpful tips!

Write It down in a Visible Location

It’s far easier to abandon a resolution when it’s never visible throughout your daily routine. If you are serious about sticking to your resolutions this year, be sure to write them down in a place that you will look at every day. This could be a sticky note on the fridge, a notification on your phone, or anything in between! Seeing your resolutions on a daily basis puts them at the front of your mind and higher on your priorities.

Let People Know

When you make a resolution, be sure to let the people you care about know! Whether this is your spouse or some coworkers, letting people know can help to create a support system that encourages you to stay true to your goals. Also, you will be far less likely to abandon a resolution knowing that you might face the judging glances of a colleague or loved one!

Make Your Resolution a Part of Your Daily Routine

It can be hard to stick to a resolution when you haven’t made the time for it! If possible, try to schedule your resolution into your week to ensure that it becomes a firmly ingrained part of your day-to-day life. Once your resolution becomes a part of your daily lifestyle, sticking to it will be a breeze!

Hope everyone has an amazing 2019!

Shuswap Market Watch - Residential

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Stats are calculated comparing December 2018 to December 2017 .

To see more information on local stats in Shuswap, please click here.

Local Events

THE NORTH FACE DIRTY FEET NIGHT SNOWSHOE FUN RUN & WALK
Vernon, BC
January 19, 2019
28th Annual North Okanagan Hot Air Balloon Festival
Vernon, BC
January 31, 2019
Vernon Winter Carnival
Vernon, BC
February 1, 2019 - February 10, 2019

Latest Featured Listings

10161105

private, peaceful riverfront 10161105

$875,000
6 Bedrooms 5 Bathrooms 4,026 Sq Ft
10167643

Custom built log home Sicamous / 10167643

$1,030,000
3 Bedrooms 3 Bathrooms 2,800 Sq Ft
10165217

Brand new Valley Lane Retirement Communi / 10165217

$399,200
2 Bedrooms 2 Bathrooms 1,436 Sq Ft
10143440

Lake view property 10143440

$490,000
10155010

Breathtaking views 10155010

$395,000
3 Bedrooms 3 Bathrooms 2,500 Sq Ft
10157783

10157783 Shus./Anstey/Sey. / 10157783

$259,000
4 Bedrooms 1 Bathrooms 1,475 Sq Ft
New Price
10158521

Self Sufficient Home 10158521

$449,500
2 Bedrooms 2 Bathrooms 1,426 Sq Ft
New Price
10158542

Build your dream home 10158542

$365,000
10159688

Beautiful views Shus./Anstey/Sey. / 10159688

$74,900
10163295

A private paradise Blind Bay / 10163295

$525,000
3 Bedrooms 2 Bathrooms 2,612 Sq Ft

This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.


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