Kelowna Real Estate Update – June 26, 2015

    Weekly Market Update

    Weekly real estate market update – week of June 21, 2015

    Numbers from previous weeks are in brackets.

    Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  7 (1,2,20)
    # of New Listings:  48 (62,44,79)
    # of Price Changes:  34 (32,34,33)
    # of Sales:  46 (45,36,38)
    Active House Listings:  607 (660,655,654)
    Average Price $649 ($632,$495,$607)

    # of Expired Listings:  0 (3,3,10)
    # of New Listings:  46 (47,53,49)
    # of Price Changes:  17 (25,24,31)
    # of Sales:  39 (31,44,49)
    Active Condo Listings:  615 (613,606,607)
    Average Price $306 ($291,$273,$292)

    West Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  2 (1,2,5)
    # of New Listings: 23 (23,22,17)
    # of Price Changes: 23 (16,13,19)
    # of Sales:  15 (27,14,21)
    Active House Listings:  277 (277,282,279)
    Average Price $700 ($498,$508,$554)
    # of Expired Listings:  0 (0,1,2)
    # of New Listings:  23 (17,13,14)
    # of Price Changes:  11 (9,12,4)
    # of Sales:  5 (15,8,10)
    Active Condo Listings:  242 (226,282,225)
    Average Price $318 ($355,$337,$325)

    Active house listings are down in Kelowna. Buyers may be finding that their choices are limited in that market right now. Listing inventory of condos in Kelowna and houses and condos in West Kelowna has remained fairly constant.

    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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