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