Central Okanagan: Kelowna and Lake Country
There were 195 sales, 1,293 active listings, and a $720,665 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 127 sales and 596 active listings at the end of the month. The average sale price was $358,171.
Townhome sales were 79, active listings were 371 and the average sale price was $502,228.
It’s a balanced market for condos and townhomes in Central Okanagan.
North Okanagan: Vernon and surrounding area
In North Okanagan, including Vernon and the surrounding area and the average sale price was $538,663. At the end of the month, there were 95 sales and 528 active listings.
There were 14 sales and 67 active listings for condos. The average sale price was $228,029.
In comparison, townhomes featured 31 sales, 158 active listings and a $322,758 average sale price.
It’s a balanced market in North Okanagan.
Looking for more information about the real estate market in specific neighbourhoods in Okanagan?
This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.