Kelowna House & Condo Market: August 2017

Here are the things you need to know! 

This summer in the Okanagan was great for sellers looking to make some money on their home! I would like to share the latest real estate findings from last month, and have included my monthly newsletter below! 

 

The Kelowna Real Estate Facts:

  • The average condo price from July to August has increased almost 5%
  • Residential home owners: the time it takes to list & sell your home has gone down from July to August. 

Kelowna Homes: 

Average sales price:

$678,600

 

Selling in: 46 days!

 

There is 4.2 months on inventory

 

Kelowna Condos: 

Average Sales Price: 

$342,670

 

Selling in: 44 days!

 

There is 4.2 month of inventory 

 

If you would like more stats about the Kelowna Real estate market then you can find them here: 

 

 

 

See My Report

 

 

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.