Kelowna Housing Stats*****

Last year, the housing market remained fairly stable for the Okanagan with a good build-up in sales in many segments for most of the year and only losing strength during the closing two months.  This slowdown carried over into January which is typically not a strong month, and can be partially attributed to the dreary winter weather that keeps people indoors.

However, signs of renewed buyer interest are already evident as open house traffic, calls for showings, and new listings are on the rise.  -OMREB

Market Statistics:  Based on January MLS Data for the Central Okanagan

New Listings:

January 2013 -  771

January 2012 -  900

 

Unit Sales:

January 2013 - 220

January 2012 - 212

 

Median Prices:

Single Family Residential - $401,000

Townhouse - $326,500

Condo - $234,000

Lot - $155,600

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Aaron Moss

Aaron Moss

REALTORĀ®
CENTURY 21 Assurance Realty Ltd.
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