Kelowna Real Estate Market Stats - April 2018

(May 10, 2018 )

The Okanagan Mainline Real Estate Board (OMREB) reports sales in the Central Okanagan were down by 9% compared to this month last year, however, the market remains strong and continues to show a 97% list/sell ratio.

"The Okanagan continues to be in a Seller's Market meaning there are more buyers than inventory.  While we see signs of the market starting to normalize listings are still selling and more inventory is needed," states  Grant Waidman, Kelowna REALTOR®. 

Kelowna Real Estate Market Statistics

Key Single Family Residential Market Stats for the Central Okanagan:
  • 505 new listings
  • 225 sold listings
  • 50 average days to sell
  • $726,926 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 at www.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