Kelowna Real Estate Update – September 11, 2015

    Weekly Market Update

    Weekly real estate market update – week ending September 11, 2015

    Numbers from previous weeks are in brackets.

    Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  3 (24,1,9)
    # of New Listings:  56 (53,32,47)
    # of Price Changes:  24 (30,31,39)
    # of Sales:  25 (30,40,33)
    Active House Listings:  579 (566,577,589)
    Average Price $473 ($566,$591,$613)

    # of Expired Listings:  4 (30,5,9)
    # of New Listings:  38 (60,33,41)
    # of Price Changes:  19 (26,21,14)
    # of Sales:  32 (45,40,24)
    Active Condo Listings: 538 (545,568,585)
    Average Price $312 ($347,$278,$231)

    West Kelowna Real Estate

    Houses

    Condos

    # of Expired Listings:  1 (10,5,2)
    # of New Listings: 17 (11,22,21)
    # of Price Changes: 14 (13,21,13)
    # of Sales:  12 (6,8,11)
    Active House Listings:  280 (282,292,292)
    Average Price $952 ($501,$521,$498)

    # of Expired Listings:  2 (10,1,1)
    # of New Listings:  12 (13,6,10)
    # of Price Changes:  7 (10,3,6)
    # of Sales:  2 (12,6,7)
    Active Condo Listings:  274 (268,278,283)
    Average Price $642 ($397,$296,$409)

    In West Kelowna this week three houses over 1 million (two were over 2 million) sold, skewing the average price in these stats. With those homes removed from the stats, the average sale price of a house in West Kelowna this week was $539. The market was quite active this week for both houses and condos in Kelowna and 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.

    Trackback from your site.

    Leave a Reply