Salmon Arm Real Estate Market Cooling ... Slowly
Posted by Marv Beer on
Like the difference from summer to autumn, the real estate forecast for Salmon Arm and the Shuswap has cooled as seasonal change affects both the weather and the real estate market.
The real estate market generally cools off in the fall, and, so far this year, it's cooled off ever so slightly in the Sushwap area.
For the area from Revelstoke to Salmon Arm and the Shuswap regiion, a total of 142 units were sold in September, down from 161 in August. Of those sales, 53 were residential. And those residential sales are also down 19 units from August's sales.
In terms of home prices on single-family homes and acreages in Salmon Arm and the Shuswap for September, the average selling price was $523,530, down ever so slightly from August's average…
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Most people get pretty excited when they're viewing a home they might end up buying. While at first glance a home may appear to be perfect, with everything you need; however it's very important to make sure the home actually does meet all your requirements. You, the potential homebuyer, need to make sure it's the right house for you before you make an offer and sign over hundreds of thousands of dollars. Your real estate agent can also be very valuable in helping you spot issues when you're out house hunting.