I just prepared a CMA for some clients I am meeting in Upper Mission this coming weekend and I wanted to share part of my research findings.
As of today, there are 20 single family homes listed for sale in Upper Mission priced between $400k and $525k. Over the past 12 months there have only been 16 homes in this same price range that have Expired and there have been an impressive 73 homes SOLD!! This is a significant sales activity improvement over any time frame over the past 3 - 4 years. Today's inventory, based on the past 1 months of sales, represents less than 4 months of inventory!!! NOW THAT'S PROGRESS!!!!!!
Brent Pay - Century 21 Kelowna 250.878.4834 [Direct]