Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in July 2021.
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Central Okanagan: Kelowna and Lake Country
There were 236 sales, 485 active listings, and $933,600 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 177 sales and 274 active listings at the end of the month. The average sale price was $452,900.
Townhome sales were 100, active listings were 137 and the average sale price was $642,600.
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 $666,700. At the end of the month, there were 87 sales and 200 active listings.
There were 21 sales and 66 active listings for condos. The average sale price was $285,000.
In comparison, townhomes featured 31 sales, 69 active listings and a $448,400 average sale price.
It’s a seller’s market in North Okanagan.
There were 106 sales, 365 active listings, and $779,537 average sale price for detached homes in the South Okanagan market.
The condo market featured 51 sales and 92 active listings at the end of the month. The average sale price was $361,330.
Townhome sales were 19, active listings were 68 and the average sale price was $457,102.
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 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 the Association Of Interior REALTORS® https://www.interiorrealtors.ca/.