Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in November 2023.
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Central Okanagan: Kelowna and Lake Country
There were 108 sales, 1,080 active listings, and $991,700 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The condo market featured 62 sales and 581 active listings at the end of the month. The average sale price was $496,200. Townhome sales were 34, active listings were 328 and the average sale price was $756,500. It’s a buyer’s market in Central Okanagan.
North Okanagan: Vernon and surrounding area
In North Okanagan, including Vernon and the surrounding area and the average detached home sale price was $734,800. At the end of the month, there were 54 sales and 356 active listings. There were 13 sales and 56 active listings for condos. The average sale price was $332,300. In comparison, townhomes featured 12 sales, 68 active listings and a $545,100 average sale price. It’s a buyer’s market for houses in North Okanagan.
South Okanagan
There were 34 sales, 492 active listings, and $767,100 average sale price for detached homes in the South Okanagan market.
The condo market featured 21 sales and 190 active listings at the end of the month. The average sale price was $456,100. Townhome sales were 8, active listings were 124 and the average sale price was $523,700. It’s a buyer’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/.
