Real Estate Market Report for Vernon, BC

The median asking price in Vernon is $420,500, a substantial increase over the median three months ago which was $389,900 .

In Jul the median listed house price of $420,500 in Vernon was an above average compared to the rest of British Columbia.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

From our data, it appears that neighbourhood is number 35th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

Can we guarantee how well Vernon is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Over the last three months in Vernon, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Don Melanson

Don Melanson

REALTORĀ®
CENTURY 21 Executives Realty Ltd.
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