Kelowna Real Estate Update – August 26, 2016

    Weekly Market Update

    Weekly real estate market update – August 26, 2016

    Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings: 0 (0)
    # of New Listings: 49 (61)
    # of Price Changes: 21 (26)
    # of Sales: 55 (38)
    Active House Listings: 390 (395)
    Average Sale Price: $647 ($711)

    # of Expired Listings: 2 (2)
    # of New Listings: 66 (72)
    # of Price Changes: 10 (15)
    # of Sales: 57 (43)
    Active Condo Listings: 363 (373)
    Average Sale Price: $340 ($326)

    West Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings: 1 (2)
    # of New Listings: 24 (29)
    # of Price Changes: 10 (7)
    # of Sales: 22 (18)
    Active House Listings: 200 (277)
    Average Sale Price: $642 ($572)

    # of Expired Listings: 0 (1)
    # of New Listings: 26 (19)
    # of Price Changes: 4 (7)
    # of Sales: 12 (13)
    Active Condo Listings: 142 (134)
    Average Sale Price: $348 ($413)

    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.

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