by Macrealty Marketing Team | Aug 6, 2020 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in July 2020.
Find the infographics by visiting the Facebook Album.
Central Okanagan: Kelowna and Lake Country
There were 336 sales, 1,055 active listings, and an $812,875 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 150 sales and 707 active listings at the end of the month. The average sale price was $360,253.
Townhome sales were 123, active listings were 383 and the average sale price was $550,230.
It’s a seller’s market for homes and townhomes in Central Okanagan.
North Okanagan: Vernon and surrounding area
In North Okanagan, including Vernon and the surrounding area and the average sale price was $594,644. At the end of the month, there were 148 sales and 452 active listings.
There were 18 sales and 82 active listings for condos. The average sale price was $274,450.
In comparison, townhomes featured 47 sales, 129 active listings and a $380,798 average sale price.
It’s a seller’s 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.
by Macrealty Marketing Team | Jul 7, 2020 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in June 2020.
Find the infographics by visiting the Facebook Album.
Central Okanagan: Kelowna and Lake Country
There were 261 sales, 1,070 active listings, and a $748,428 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 97 sales and 702 active listings at the end of the month. The average sale price was $339,241.
Townhome sales were 77, active listings were 408 and the average sale price was $524,638.
It’s a buyer’s market for 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 $563,028. At the end of the month, there were 106 sales and 463 active listings.
There were 17 sales and 67 active listings for condos. The average sale price was $221,215.
In comparison, townhomes featured 34 sales, 144 active listings and a $385,894 average sale price.
It’s a seller’s market for condos 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.
by Macrealty Marketing Team | Jun 3, 2020 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in May 2020.
Central Okanagan: Kelowna and Lake Country
There were 139 sales, 1,040 active listings, and a $724,767 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 54 sales and 615 active listings at the end of the month. The average sale price was $321,526.
Townhome sales were 54, active listings were 396 and the average sale price was $480,139.
It’s a buyer’s market in Central Okanagan.
North Okanagan: Vernon and surrounding area
In North Okanagan, including Vernon and the surrounding area and the average sale price was $505,044. At the end of the month, there were 70 sales and 459 active listings.
There were 11 sales and 68 active listings for condos. The average sale price was $156,309.
In comparison, townhomes featured 18 sales, 141 active listings and a $347,075 average sale price.
It’s a buyer’s market 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.
by Macrealty Marketing Team | May 6, 2020 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in April 2020.
Central Okanagan: Kelowna and Lake Country
There were 102 sales, 941 active listings, and a $713,450 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 37 sales and 571 active listings at the end of the month. The average sale price was $335,673.
Townhome sales were 40, active listings were 363 and the average sale price was $498,853.
It’s a buyer’s market in Central Okanagan.
North Okanagan: Vernon and surrounding area
In North Okanagan, including Vernon and the surrounding area and the average sale price was $509,083. At the end of the month, there were 40 sales and 407 active listings.
There were 7 sales and 73 active listings for condos. The average sale price was $251,022.
In comparison, townhomes featured 8 sales, 132 active listings and a $294,831 average sale price.
It’s a Buyer’s market 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.
by Macrealty Marketing Team | Apr 3, 2020 | Market Updates
Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in March 2020.
Central Okanagan: Kelowna and Lake Country
Central Okanagan: Kelowna and Lake Country
There were 176 sales, 903 active listings, and a $718,009 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 91 sales and 561 active listings at the end of the month. The average sale price was $331,953.
Townhome sales were 74, active listings were 320 and the average sale price was $516,250.
It’s a buyer’s market for 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 $509,463. At the end of the month, there were 67 sales and 398 active listings.
There were 12 sales and 65 active listings for condos. The average sale price was $278,692.
In comparison, townhomes featured 28 sales, 119 active listings and a $356,337 average sale price.
It’s a balanced market in North 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.
