Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in February 2021.
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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 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.