by Macrealty Marketing Team | Sep 11, 2018 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in August 2018.
Central Okanagan: Kelowna and Lake Country
There were 190 sales, 1,265 active listings, and a $687,413 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 60.
The condo market featured 116 sales and 554 active listings at the end of the month. The average sale price was $354,728 with 60 average days on market.
Townhome sales were 75, active listings were 359, average sale price was $504,574, and the average days on market were 67.
North Okanagan: Vernon and surrounding area
In North Okanagan, including Vernon and the surrounding area, the average sale price was $483,666 with an average days on market of 62 days for detached homes. At the end of the month, there were 93 sales and 500 active listings.
There were 14 sales and 78 active listings for condos. The average sale price was $256,089, and the average days on market were 47.
In comparison, townhome featured 32 sales, 138 active listings and a $355,447 average sale price with 68 average days on market.
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.
by Macrealty Marketing Team | Sep 10, 2018 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in August 2018.
Squamish
In August 2018, there were 22 sales of detached homes and 151 active listings in Squamish. The benchmark sale price was $1,000,500 with an average days on market of 80.
The condo market had 16 sales and 46 active listings at the end of the month. The benchmark sale price was $513,400 with an average days on market of 40.
Townhome sales were 8 sales, active listings were 42. The benchmark sale price was $709,100 and the average days on market were 25.
It’s a seller’s market for condos.
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by Macrealty Marketing Team | Sep 7, 2018 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in August 2018.
Vancouver-West
In the Vancouver Westside, there were 59 sales of detached homes and 821 active listings at the end of the month. The benchmark sale price was $3,278,500, with average days on market of 66. The hottest markets for sales was Kitsilano with 11 sales.
In comparison, the condo market had 276 sales, 1,139 active listings and a benchmark sale price of $825,000 with an average of 30 days on market. The hottest market for sales was Downtown VW, 66. sales.
Townhome sales were 33, active listings were 203. The benchmark sale price was $1,267,800 with an average days on market of 43. Fairview VW with 8 sales was the hottest market of the month.
It’s a buyer’s market for townhouses and houses.
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by Macrealty Marketing Team | Sep 6, 2018 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on North Delta, Surrey, White Rock, Langley, and Fraser Valley listings and sales in August 2018.
North Delta
In the North Delta market, the benchmark sale price was $949,900 for detached homes. At the end of the month, there were 182 active listings and 30 sales.
The condo market had 4 sales and 34 active listings. The benchmark sale price was $432,400.
Townhomes featured 6 sales, 18 active listings and a $598,700 benchmark sale price.
It’s a seller’s market for townhomes in North Delta.
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by Macrealty Marketing Team | Sep 5, 2018 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in August 2018.
Greater Victoria
In August 2018, there were 246 sales of single family homes and 890 active listings in Greater Victoria. The benchmark sale price was $766,000 with an average days on market of 39. The hottest markets for sales were Saanich East and Langford with 47 and 54 sales respectively. There were also 14 sales and 173 active listings at the end of the month for waterfront homes.
In comparison, the Condo market had 195 sales and 378 active listings at the end of the month. The benchmark sale price was $494,200 with an average days on market of 35. The hottest market for sales was Victoria, 79 sales.
Townhome sales were 59, active listings were 215 and the benchmark sale price was $587,200. The average days on market were 37, and the hottest market was Langford with 20 sales.
It’s a seller’s market in Victoria.
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by Macrealty Marketing Team | Aug 10, 2018 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in July 2018.
Central Okanagan: Kelowna and Lake Country
There were 201 sales, 1,230 active listings, and a $782,398 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 44.
The condo market featured 129 sales and 571 active listings at the end of the month. The average sale price was $343,315 with 49 average days on market.
Townhome sales were 61, active listings were 361, average sale price was $518,211, and the average days on market were 60.
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