We’ve definitely noticed an increase in values in most areas around Vernon, especially the single-family residential home under $475,000 from 2 years ago - this should continue, as we are starting to see less inventory on the market.
Most of last year, we were in a Buyer market (in the $550,000-$800,000 price range) but now that seems to have levelled off to being a bit more balanced - we will see if this continues into summer.
And of course in the last quarter, I continue to notice bigger sales over $1 million in the Coldstream, Vernon and Silver Star areas.
Feel free to call/text/email if you have any questions or want to grab a coffee :)
Jake
