Kelowna Real Estate Market Statistics – January 2017

Here are the latest real estate market statistics from Macdonald Realty on Central Okanagan listings and sales in January 2017.

Central Okanagan: Kelowna and Lake Country

There were 103 sales, 517 active listings, and a $605,697 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 65.

The condo market featured 77 sales and 244 active listings at the end of the month. The average sale price was $295,258 with 59 average days on market.

Townhome sales were 37, active listings were 178, average sale price was $413,928, and the average days on market were 59.

MarketHotSheet_January2017_CentralOkanagan

Looking for more information about the real estate market in specific neighbourhoods in Central Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

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This blog post is based on market data provided by the South Okanagan Real Estate Board (SOREB) www.soreb.org and Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.