Kelowna Real Estate Stats – July 2014

It’s not just the weather that was hot last month!   The Kelowna real estate market has been hot, with buyers competing for the good deals.
 
Total sales in July were 584 compared to 471 last July (+24%).  Year to date sales were 3,197 compared to 2,623 last year (+22%).  Single family residential sales were 1,528 compared to 1,327 last year (+15%).  Apartment strata sales have increased as well – year to date 589 (433 last year), an increase of  36%.  Townhomes:  year to date 481 (353 last year), an increase of +36%.

Total inventory is down 13% from last year, and average days to sell is now 77 – down from 89 days last year.

The hottest market is still under $500,000!   Single family listings under $400,000 are getting lots of action,  and right now there are only 49 homes for sale between $360,000 and $399,000.   

For more information please click here, and feel free to give me a call to discuss.

By Mark Gidden
Top Producer 2013
Macdonald Realty Kelowna

Cell – 250 878 1113
Toll Free – 1 888 289 7096
Fax – 250 860 1600
http://www.gidden.ca

Professional Home Builder to Award-Winning Realtor®

 

 

 

Share
« prev 1 2 3 4 5 6 next »
Order:   Filter:
$499,900
Available

977 Coronation Avenue

RU7 zoning! This charming little home has 2 bedrooms and 1 bath with a beautiful yard, and…
Macdonald Realty Kelowna
$325,000
Available

3619 Granada Crescent

Court ordered sale! Here is a great opportunity to make some sweat equity! This 1,456 square foot…
Macdonald Realty Kelowna

« prev 1 2 3 4 5 6 next » | Order:

Have questions?

We have the answers.

Ask Mark Gidden & Associates.

If you have any questions for us, we would be happy to provide you with answers. Please click the button below to get started.