Salmon Arm Market Report
$892,235
AVERAGE PRICE OF 228 HOMES$1,758,041
AVERAGE PRICE OF 60 MULTI-MILLION DOLLAR HOMES$1,075,426
AVERAGE PRICE OF 23 NEWLY BUILT HOMES$1,484,107
AVERAGE PRICE OF 7 HOMES WITH A POOL$783,286
AVERAGE PRICE OF 15 REDUCED PRICE HOMESAverage Home
| Average Price | $892,235 |
| Avg Bedrooms | 2.57 beds |
| Avg Bathrooms | 2 baths |
Average Price by Bedrooms
| 1 bedroom | $1,421,128 |
| 2 bedrooms | $495,269 |
| 3 bedrooms | $724,278 |
| 4 bedrooms | $1,093,197 |
| 5 bedrooms | $1,147,565 |
Salmon Arm Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 224 | 224 | 219 | 204 | 184 |
| Average Price | $873,502 | $908,927 | $916,283 | $919,321 | $938,130 |
| Avg Price Change | -4.06% | -0.81% | -0.33% | -2.05% | +1.74% |
| Median Price | $732,094 | $746,432 | $714,611 | $672,401 | $688,361 |
| Med Price Change | -1.96% | +4.45% | +6.28% | -2.37% | +6.67% |
| Avg Bedrooms | 2.63 beds | 2.61 beds | 2.48 beds | 2.42 beds | 2.49 beds |
| Avg Bathrooms | 2.04 baths | 2.05 baths | 1.86 baths | 1.85 baths | 1.89 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 228 | $892,235 | 103 days |
| Multi-Million Dollar Homes | 60 | $1,758,041 | 115 days |
| Newly Built Homes | 23 | $1,075,426 | 99 days |
| Homes with a Pool | 7 | $1,484,107 | 92 days |
| Reduced Price Homes | 15 | $783,286 | 63 days |
