Kelowna Real Estate Market Stats - January 2018

(February 06, 2018 )

The Okanagan Mainline Real Estate Board (OMREB) reports sales in the Central Okanagan increased by 31% in January while new inventory increased only slightly, by 12%, compared to this month last year.   The market remains strong and shows a consistent 97% list/sell ratio.

"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," states  Grant Waidman, Kelowna REALTOR®. 

Kelowna Real Estate Market Statistics

Key Single Family Residential Market Stats for the Central Okanagan:
  • 250 new listings
  • 143 sold listings
  • 75 average days to sell
  • $699,352 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 https://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