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Kelowna Real Estate Market Stats - April 2017

(May 27, 2017)

Kelowna Real Estate Market Stats - April 2017

The Okanagan Mainline Real Estate Board (OMREB) reports residential sales in April totaled 821 across the region which is down by 23% over this time last year – so why the decrease in sales compared to 2016?  

Grant Waidman, Kelowna REALTOR®, states this is likely due to the lack of listings and increasing prices. New listings for detached homes in the Central Okanagan for April 2017 vs April 2016 de... read more.

Kelowna Real Estate Market Stats - March 2017

(April 08, 2017)

Kelowna Real Estate Market Stats - March 2017

Residential sales totaled 824 across the region of Revelstoke to Peachland, generally on par with sales this time last year and a 58% increase over February, reports the Okanagan Mainline Real Estate Board (OMREB). 

Key Single Family Residential Market Stats for the Central Okanagan (Peachland to Lake Country):
  •  423 new listings
  • 244 sold listings 
  • 45 average days to sell (down again from last month)
  • $6... read more.

Kelowna Real Estate Market Stats - February 2017

(March 21, 2017)

Kelowna Real Estate Market Stats - February 2017

Residential sales across the region of Revelstoke to Peachland totaled 520 in February, an increase over January’s 353 sales, yet a 9% decrease over February of last year, reports the Okanagan Mainline Real Estate Board (OMREB). 

Key Single Family Residential Market Stats for the Central Okanagan:
  • 291 new listings
  • 190 sold listings 
  • 62 average days to sell (down again from last month)
  • $638,604 average... read more.

Where are the Buyers coming from?

(March 08, 2017)

Where are the Buyers coming from?
In today's busy and competitive real estate market one question we always seem to encounter is "Where are the buyers coming from?".


It's a great question and is one that constantly changes. The current buyers' landscape is led by two parent families with children (26% of recent buyers) moving within town (55% of recent buyers), however, not far behind are couples without children (24%). When creati... read more.

Kelowna Real Estate Market Stats - January 2017

(February 17, 2017)

Kelowna Real Estate Market Stats - January 2017

Residential sales across the region of Revelstoke to Peachland totaled 353 in January, consistent with a year ago when 334 homes were sold, yet a 22% decrease over the 453 sales in December, reports the Okanagan Mainline Real Estate Board (OMREB).


Key Single Family Residential Market Stats for the Central Okanagan (Peachland to Lake Country):
  • 197 new listings
  • 103 sold listings 
  • 65 average days to sel... read more.