Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in June 2019.
Central Okanagan: Kelowna and Lake Country
There were 230 sales, 1,302 active listings, and a $713,290 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 134 sales and 640 active listings at the end of the month. The average sale price was $362,685.
Townhome sales were 89, active listings were 385 and the average sale price was $517,908.
It’s a balanced 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 $536,437. At the end of the month, there were 116 sales and 524 active listings.
There were 19 sales and 71 active listings for condos. The average sale price was $239,968.
In comparison, townhomes featured 44 sales, 147 active listings and a $326,869 average sale price.
It’s a seller’s market for condos 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