Kelowna Real Estate Update – August 21, 2015

    Weekly Market Update

    Weekly real estate market update – week ending August 21, 2015

    Numbers from previous weeks are in brackets.

    Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  9 (4,3,2)
    # of New Listings:  47 (48,49,54)
    # of Price Changes:  39 (24,22,26)
    # of Sales:  33 (35,39,33)
    Active House Listings:  589 (596,616,618)
    Average Price $613 ($590,$619,$617)
    # of Expired Listings:  9 (5,12,2)
    # of New Listings:  41 (39,39,47)
    # of Price Changes:  14 (29,15,21)
    # of Sales:  24 (40,40,36)
    Active Condo Listings: 585 (584,605,622)
    Average Price $231 ($332,$292,$347)

    West Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  2 (2,4,1)
    # of New Listings: 21 (17,19,19)
    # of Price Changes: 13 (18,19,13)
    # of Sales:  11 (14,16,13)
    Active House Listings:  292 (286,289,291)
    Average Price $498 ($574,$497,$437)
    # of Expired Listings:  1 (1,1,1)
    # of New Listings:  10 (35,17,8)
    # of Price Changes:  6 (12,8,8)
    # of Sales:  7 (10,11,9)
    Active Condo Listings:  283 (284,241,237)
    Average Price $409 ($264,$254,$286)
    House and condo sales in Kelowna and West Kelowna were down last week over the previous. The market continues to be quite active with new listings coming on the market, but sales were down across the board last week. Kelowna condos saw the biggest drop in sales last week compared to the previous week.

    Average selling price fluctuates substantially from one week to the next in these stats as the properties involved may not be comparable.  If you’re interested in the average selling price of a certain type of house or condo in Kelowna or West Kelowna, please contact us. We’ll be happy to get you the information.

    Trackback from your site.

    Leave a Reply