Kelowna Real Estate Stats – August 2015
CENTRAL OKANAGAN AUGUST 2015
Great consumer confidence in the Okanagan! To date in 2015, the Central Okanagan real estate market has recorded 4,088 sales in all categories, compared to 3,741 for the same period in 2014 – a 9.28% increase. Last month 591 transactions were conducted compared to 546 for August of 2014 – an increase of 8.24%.
The average residential single family transaction value now stands at $510,000 while the median is $476,500. These price levels correspond to the market of 2007, and have increased throughout 2015.
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By Mark Gidden
Award-Winning Realtor in Kelowna for 23 Years
Macdonald Realty Kelowna
Cell – 250 878 1113
Professional Home Builder to Award-Winning Realtor®