Kelowna Real Estate Update – July 3, 2015

    Weekly Market Update

    Weekly real estate market update – week of June 28, 2015

    Numbers from previous weeks are in brackets.

    Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  15 (7,1,2)
    # of New Listings:  67 (48,62,44)
    # of Price Changes:  26 (34,32,34)
    # of Sales:  32 (46,45,36)
    Active House Listings:  648 (607,660,655)
    Average Price $550 ($649,$632,$495)

    # of Expired Listings:  9 (0,3,3)
    # of New Listings:  46 (46,47,53)
    # of Price Changes:  19 (17,25,24)
    # of Sales:  37 (39,31,44)
    Active Condo Listings:  611 (615,613,606)
    Average Price $328 ($306,$291,$273)

    West Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  8 (2,1,2)
    # of New Listings: 21 (23,23,22)
    # of Price Changes: 13 (23,16,13)
    # of Sales:  11 (15,27,14)
    Active House Listings:  277 (277,277,282)
    Average Price $449 ($700,$498,$508)
    # of Expired Listings:  5 (0,0,1)
    # of New Listings:  8 (23,17,13)
    # of Price Changes:  5 (11,9,12)
    # of Sales:  10 (5,15,8)
    Active Condo Listings:  233 (242,226,282)
    Average Price $346 ($318,$355,$337)

    This week new house listings were up and new condo listings remained the same in Kelowna. New listings were down for both condos and houses in West Kelowna.

    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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