Kelowna Real Estate Market Stats - December 2017

(January 10, 2018 )

The Okanagan Mainline Real Estate Board (OMREB) reports volumes in residential sales declined this past month as is typical for December.  Both sales and listing volumes were on-trend for this time of year, but, interestingly, average price and days on market bounced back from November

Grant Waidman, Kelowna REALTOR®, notes "The Okanagan continues to be in a Seller's Market meaning there are more buyers than inventory.  Listings are selling quick and more inventory is needed - so now is a great time to to look at listing your home."  

Kelowna Real Estate Market Statistics

Key Single Family Residential Market Stats for the Central Okanagan:
  • 164 new listings
  • 156 sold listings
  • 56 average days to sell
  • $696,650 average single family residential price  
If you are looking to buy in the Okanagan be sure to browse all the current listings and subscribe for new listing notifications at http://www.gwgkelowna.com/kelowna-homes-for-sale

If you are looking to sell in the Okanagan now is a great time!  Learn more on how GWG can help sell your home quicker and for more money atwww.gwgkelowna.com/sell-with-gwg

Kelowna Real Estate Market Statistics Kelowna Real Estate Market Statistics
Kelowna Real Estate Market Statistics Kelowna Real Estate Market Statistics