Okanagan Real Estate Market Statistics – June 2019

Okanagan Real Estate Market Statistics – June 2019

 Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in June 2019.

Central Okanagan: Kelowna and Lake Country

There were 213 sales, 1,309 active listings, and a $692,246 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.

The condo market featured 102 sales and 676 active listings at the end of the month. The average sale price was $350,506.

Townhome sales were 80, active listings were 425 and the average sale price was $508,397.

It’s a buyer’s market for home and condos in Central Okanagan.

 

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $501,156. At the end of the month, there were 109 sales and 534 active listings.

There were 10 sales and 76 active listings for condos. The average sale price was $181,375.

In comparison, townhomes featured 29 sales, 164 active listings and a $367,741 average sale price.

It’s a balanced market for homes and townhomes in North Okanagan.

 

Looking for more information about the real estate market in specific neighbourhoods in Okanagan?

Macdonald Realty has offices in Kelowna and across BC. Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – June 2019

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – June 2019

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in June 2019.

Abbotsford

In the Abbotsford market, the benchmark sale price was $807,700 for detached homes. At the end of the month, there were 517 active listings and 83 sales.

The condo market had 82 sales and 306 active listings. The benchmark sale price was $312,500.

Townhomes featured 42 sales, 234 active listings and a $380,100 benchmark sale price.

It’s a seller’s market for condos in Abbotsford.

Mission

In the Mission market, there were 46 sales of detached homes and 237 active listings at the end of the month. The benchmark sale price was $654,600.

In comparison, the condo market had 6 sales, 16 active listings, and the benchmark sale price was $351,300.

Townhome market featured 12 sales, 31 active listings and a $438,800 benchmark sale price.

It’s a seller’s market for condos and townhomes in Mission.

North Surrey

There were 41 sales, 363 active listings, and a $932,400 benchmark sale price for detached homes in the North Surrey market.

The condo market featured 69 sales, 435 active listings and a benchmark sale price of $392,700 at the end of the month.

In comparison, townhome sales were 17, active listings were 89 and the benchmark sale price was $554,500.

It’s a buyer’s market for homes and condos in North Surrey.

Cloverdale

Langley

North Delta

Surrey Central

White Rock/South Surrey

North Surrey

Surrey – Central 

Looking for more information about the real estate market in specific neighborhoods in Surrey, Langley and Fraser Valley?

Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley. Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – June 2019

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – June 2019

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in June 2019.

Greater Victoria

In June 2019, there were 343 sales of single family homes and 1034 active listings in Greater Victoria. The benchmark sale price was $754,200.

In comparison, the Condo market had 216 sales and 643 active listings at the end of the month. The benchmark sale price was $511,200.

Townhome sales were 79, active listings were 258 and the benchmark sale price was $597,900.

It’s a seller’s market in Greater Victoria.

Parksville / Qualicum

Nanaimo

Looking for more information about the real estate market in specific neighborhoods in Victoria, Parksville, Nanaimo, Vancouver Island and the Gulf Islands?

Macdonald Realty has offices in downtown Victoria, Sidney, Parksville and on Salt Spring Island. Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – May 2019

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – May 2019

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in May 2019.

Whistler

In May 2019, there were 5 sales of detached homes and 91 active listings in Squamish. The benchmark sale price was $1,576,500.

The condo market had 18 sales and 106 active listings at the end of the month.  The benchmark sale price was $500,100.

Townhome sales were 7 sales, active listings were 72. The benchmark sale price was $882,500.

It’s a buyer’s market for homes and townhomes.

 

 Real Estate Market Stats May 2019

Squamish

Real Estate Market Stats May 2019

Sunshine Coast

Real Estate Market Stats May 2019

Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast?

Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast. Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

Okanagan Real Estate Market Statistics – May 2019

Okanagan Real Estate Market Statistics – May 2019

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in May 2019.  

Central Okanagan: Kelowna and Lake Country

There were 240 sales, 1,259 active listings, and a $689,469 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.

The condo market featured 122 sales and 674 active listings at the end of the month. The average sale price was $357,184.   

Townhome sales were 96, active listings were 447 and the average sale price was $489,555.

It’s a balanced market in Central Okanagan.

North Okanagan: Vernon and surrounding area

Looking for more information about the real estate market in specific neighbourhoods in Okanagan?

Macdonald Realty has offices in Kelowna and across BC. Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com