Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in August 2021.
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Central Okanagan: Kelowna and Lake Country
There were 236 sales, 501 active listings, and $961,800 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 167 sales and 240 active listings at the end of the month. The average sale price was $473,100.
Townhome sales were 76, active listings were 143 and the average sale price was $644,800.
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 $682,700. At the end of the month, there were 97 sales and 172 active listings.
There were 29 sales and 56 active listings for condos. The average sale price was $297,500.
In comparison, townhomes featured 38 sales, 62 active listings and a $444,100 average sale price.
It’s a seller’s market in North Okanagan.
There were 116 sales, 368 active listings, and $780,072 average sale price for detached homes in the South Okanagan market.
The condo market featured 36 sales and 106 active listings at the end of the month. The average sale price was $448,172.
Townhome sales were 30, active listings were 61 and the average sale price was $594,322.
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 email@example.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/.