Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in June 2019.
Central Okanagan: Kelowna and Lake Country
There were 213 sales, 1,309 active listings, and a $692,246 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 102 sales and 676 active listings at the end of the month. The average sale price was $350,506.
Townhome sales were 80, active listings were 425 and the average sale price was $508,397.
It’s a buyer’s market for home and condos in Central Okanagan.
North Okanagan: Vernon and surrounding area
In North Okanagan, including Vernon and the surrounding area and the average sale price was $501,156. At the end of the month, there were 109 sales and 534 active listings.
There were 10 sales and 76 active listings for condos. The average sale price was $181,375.
In comparison, townhomes featured 29 sales, 164 active listings and a $367,741 average sale price.
It’s a balanced market for homes and townhomes in North Okanagan.
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.omreb.com.