Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in December 2020.
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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 firstname.lastname@example.org 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.