Kelowna Real Estate Market Statistics – February 2017

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

Central Okanagan: Kelowna and Lake Country

There were 190 sales, 557 active listings, and a $638,604 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 62.

The condo market featured 83 sales and 301 active listings at the end of the month. The average sale price was $333,312 with 55 average days on market.

Townhome sales were 66, active listings were 182, average sale price was $421,425, and the average days on market were 62.

MarketHotSheet_February2017_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 Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.