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."
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 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