Kelowna Real Estate Update – June 19, 2015

    Weekly Market Update

    Weekly real estate market update – week of June 14, 2015

    Numbers from previous weeks are in brackets.

    Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  1 (2,20,0)
    # of New Listings:  62 (44,79,60)
    # of Price Changes:  32 (34,33,30)
    # of Sales:  45 (36,38,46)
    Active House Listings:  660 (655,654,645)
    Average Price $632 ($495,$607,$653)

    # of Expired Listings:  3 (3,10,2)
    # of New Listings:  47 (53,49,38)
    # of Price Changes:  25 (24,31,29)
    # of Sales:  31 (44,49,36)
    Active Condo Listings:  613 (606,607,625)
    Average Price $291 ($273,$292,$291)

    West Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  1 (2,5,1)
    # of New Listings: 23 (22,17,27)
    # of Price Changes: 16 (13,19,12)
    # of Sales:  27 (14,21,8)
    Active House Listings:  277 (282,279,293)
    Average Price $498 ($508,$554,$543)
    # of Expired Listings:  0 (1,2,0)
    # of New Listings:  17 (13,14,14)
    # of Price Changes:  9 (12,4,7)
    # of Sales:  15 (8,10,13)
    Active Condo Listings:  226 (282,225,224)
    Average Price $355 ($337,$325,$336)

    New listings and sales of houses were up in both Kelowna and West Kelowna over the previous week. The West Kelowna condo market also saw an increase of listings and sales over last week, but in Kelowna condo sales and new listings were both down.

    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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