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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.