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Okanagan Real Estate Market Statistics – April 2021

Okanagan Real Estate Market Statistics – April 2021

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in April 2021.
Find the infographics by visiting the Facebook Album.

Central Okanagan: Kelowna and Lake Country

There were 398 sales, 450 active listings, and $974,471 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 249 sales and 365 active listings at the end of the month. The average sale price was $435,301.
Townhome sales were 127, active listings were 148 and the average sale price was $641,003.
It’s a seller’s market in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $665,625. At the end of the month, there were 177 sales and 196 active listings.
There were 32 sales and 70 active listings for condos. The average sale price was $281,986.
In comparison, townhomes featured 53 sales, 49 active listings and a $456,914 average sale price.
It’s a seller’s market in North Okanagan.

South Okanagan

There were185 sales, 454 active listings, and $718,851 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 76 sales and 102 active listings at the end of the month. The average sale price was $432,279.
Townhome sales were 44, active listings were 52 and the average sale price was $444,606.
It’s a seller’s market in South Okanagan.

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.
This blog post is based on market data provided by the Association Of Interior REALTORS® https://www.interiorrealtors.ca/.

Okanagan Real Estate Market Statistics – March 2021

Okanagan Real Estate Market Statistics – March 2021

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in March 2021.
Find the infographics by visiting the Facebook Album.

Central Okanagan: Kelowna and Lake Country

There were 413 sales, 414 active listings, and $829,400 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 267 sales and 373 active listings at the end of the month. The average sale price was $425,300.
Townhome sales were 149, active listings were 152 and the average sale price was $541,900.
It’s a seller’s market in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $590,700. At the end of the month, there were 160 sales and 191 active listings.
There were 36 sales and 73 active listings for condos. The average sale price was $270,400.
In comparison, townhomes featured 65 sales, 49 active listings and a $402,500 average sale price.
It’s a seller’s market in North Okanagan.

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.
This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.

Okanagan Real Estate Market Statistics – February 2021

Okanagan Real Estate Market Statistics – February 2021

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in February 2021.
Find the infographics by visiting the Facebook Album.

Central Okanagan: Kelowna and Lake Country

There were 288 sales, 388 active listings, and $776,300 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 183 sales and 381 active listings at the end of the month. The average sale price was $414,400.
Townhome sales were 123, active listings were 175 and the average sale price was $529,500.
It’s a seller’s market in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $561,500. At the end of the month, there were 103 sales and 162 active listings.
There were 24 sales and 69 active listings for condos. The average sale price was $262,900.
In comparison, townhomes featured 38 sales, 63 active listings and a $390,000 average sale price.
It’s a seller’s market in North Okanagan.

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.
This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.

Okanagan Real Estate Market Statistics – January 2021

Okanagan Real Estate Market Statistics – January 2021

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in January 2021.
Find the infographics by visiting the Facebook Album.

Central Okanagan: Kelowna and Lake Country

There were 190 sales, 379 active listings, and $752,900 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 110 sales and 378 active listings at the end of the month. The average sale price was $401,500.
Townhome sales were 76, active listings were 201 and the average sale price was $512,700.
It’s a seller’s market in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $541,900. At the end of the month, there were 57 sales and 178 active listings.
There were 21 sales and 70 active listings for condos. The average sale price was $255,900.
In comparison, townhomes featured 21 sales, 55 active listings and a $386,900 average sale price.
It’s a seller’s market in North Okanagan.

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.
This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.

Westburn Realty joins the Macdonald Realty family

Westburn Realty joins the Macdonald Realty family

BURNABY, B.C. – (January 7, 2021) – Westburn Realty, an award-winning brokerage in Burnaby, BC, is excited to announce that it has joined Macdonald Realty, one of Canada’s largest independent brokerages and a market leader in British Columbia.  The merger further strengthens Macdonald Realty’s position as BC’s premier independent brokerage and fills a key need for Macdonald in the important Burnaby market.

“We are excited to have a company with the quality and history of Westburn Realty join the Macdonald family,” says Dan Scarrow, President of Macdonald Realty. “We continue to be open to working with great BC companies and agents who want to take their business to the next level.”

 

 

 

Founded in 1987, Westburn Realty has been a leading real estate brokerage in Burnaby for over 30 years.  With nearly 100 licensed real estate agents, including several top teams, Westburn Realty have a sterling reputation and significant market share throughout the Lower Mainland. Paul Prade, part owner of Westburn Realty and a stalwart in the community, was instrumental in the merger negotiations.

“We are thrilled to be joining Macdonald” says Prade, “Our business philosophy of placing customer service and Realtor support first fits perfectly with Macdonald Realty. We have known the leaders of Macdonald for many years and are confident that our tradition of operating a “family” style business will continue for many years to come”.

 

 

 

With the merger, Macdonald, led by CEO Lynn Hsu, is now the largest company in BC owned and operated by a woman.

 

 

 

 

 

 

About Macdonald Real Estate Group:

Founded in Vancouver in 1944, Macdonald Realty has grown to become BC’s largest full-service corporately owned real estate company, with over 20 offices, 1,000+ agents and staff in the province, and nearly $10 billion in annual sales.

In addition to residential sales, Macdonald Commercial has over 40 dedicated commercial agents with a head office in Vancouver and a Fraser Valley office in South Surrey; Macdonald Property Management currently manages over $5 billion in BC properties; and Macdonald Platinum Marketing has sold over $2 billion in luxury new construction.

Okanagan Real Estate Market Statistics – December 2020

Okanagan Real Estate Market Statistics – December 2020

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in December 2020.
Find the infographics by visiting the Facebook Album.

Central Okanagan: Kelowna and Lake Country

There were 193 sales, 410 active listings, and an $854,387 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 102 sales and 367 active listings at the end of the month. The average sale price was $406,994.
Townhome sales were 98, active listings were 170 and the average sale price was $560,782.
It’s a seller’s market in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $651,430. At the end of the month, there were 85 sales and 165 active listings.
There were 16 sales and 78 active listings for condos. The average sale price was $285,768.
In comparison, townhomes featured 32 sales, 49 active listings and a $371,186 average sale price.
It’s a seller’s market for Homes and Townhomes in North Okanagan.

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.
This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.

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