Okanagan Real Estate Market Statistics – May 2021
 

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in May 2021.
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Central Okanagan: Kelowna and Lake Country

There were 335 sales, 489 active listings, and $901,600 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 234 sales and 339 active listings at the end of the month. The average sale price was $455,400.
Townhome sales were 121, active listings were 163 and the average sale price was $621,800.
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 $641,100. At the end of the month, there were 134 sales and 194 active listings.
There were 33 sales and 63 active listings for condos. The average sale price was $285,400.
In comparison, townhomes featured 36 sales, 53 active listings and a $424,400 average sale price.
It’s a seller’s market in North Okanagan.

South Okanagan

There were 134 sales, 340 active listings, and $860,232 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 55 sales and 110 active listings at the end of the month. The average sale price was $374,404.
Townhome sales were 38, active listings were 53 and the average sale price was $477,303.
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 macrealty@macrealty.com 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/.