Here are the latest real estate market statistics from Macdonald Realty on Central Okanagan listings and sales in August 2016.
Central Okanagan: Kelowna and Lake Country
There were 303 sales, 762 active listings, and a $616,480 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 44.
The condo market featured 178 sales and 376 active listings at the end of the month. The average sale price was $299,241 with 53 average days on market.
Townhome sales were 103, active listings were 222, average sale price was $416,118, and the average days on market were 54.
Looking for more information about the real estate market in specific neighbourhoods in Central Okanagan?
This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.