Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in November 2021.
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Central Okanagan: Kelowna and Lake Country
There were 252 sales, 354 active listings, and $978,500 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 163 sales and 222 active listings at the end of the month. The average sale price was $495,400. Townhome sales were 67, active listings were 108 and the average sale price was $688,600. 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 $703,500. At the end of the month, there were 109 sales and 126 active listings.
There were 24 sales and 37 active listings for condos. The average sale price was $312,900.
In comparison, townhomes featured 29 sales, 47 active listings and a $452,200 average sale price.
It’s a seller’s market in North Okanagan.
There were 86 sales, 176 active listings, and $697,800 average sale price for detached homes in the South Okanagan market.
The condo market featured 34 sales and 74 active listings at the end of the month. The average sale price was $365,500.
Townhome sales were 24, active listings were 43 and the average sale price was $461,000.
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/.