Okanagan Real Estate Market Statistics – November 2020

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in November 2020.
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Central Okanagan: Kelowna and Lake Country

There were 291 sales, 504 active listings, and an $856,956 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 169 sales and 460 active listings at the end of the month. The average sale price was $361,082.
Townhome sales were 106, active listings were 241 and the average sale price was $583,920.
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 $605,708. At the end of the month, there were 97 sales and 227 active listings.
There were 15 sales and 87 active listings for condos. The average sale price was $229,617.
In comparison, townhomes featured 38 sales, 82 active listings and a $413,157 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 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 Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.