Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in June 2017.
Central Okanagan: Kelowna and Lake Country
There were 283 sales, 898 active listings, and a $716,474 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 43.
The condo market featured 154 sales and 417 active listings at the end of the month. The average sale price was $320,591 with 43 average days on market.
Townhome sales were 98, active listings were 261, average sale price was $463,0641, and the average days on market were 43.
North Okanagan: Vernon and surrounding area
In North Okanagan, including Vernon and the surrounding area, the average sale price was $496,279 with an average days on market of 55 days for detached homes. At the end of the month, there were 159 sales and 395 active listings.
There were 22 sales and 97 active listings for condos. The average sale price was $194,532, and the average days on market were 57.
In comparison, townhome featured 37 sales, 116 active listings and a $303,170 average sale price with 48 average days on market.
Looking for more information about the real estate market in specific neighbourhoods in Okanagan?
This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omrebkv.com.