Smarter...
Bolder...
Faster...
Posted by Jason Neumann
on August 28, 2011
Kelowna/West Kelowna and Central Okanagan Real Estate Stats - July 2011
Ratio of Sales vs. Total Inventory = 7.40%
Condo -- Sales = 76
Condo -- New Listings = 177
Condo -- Current Inventory = 993
Condo -- Sell/Inv. Ratio = 7.65%
Condo -- Days to Sell = 101
Average Price: $229,469
Average Median Price: $216,950
Townhouse -- Sales = 54
Townhouse ...
Posted by Jason Neumann
on August 28, 2011
K.L.O. - means "Kelowna Land and Orchard Company", the company owned most of the land in that area for many years.
Kelowna's Fall Wine Festival is ranked amongst the "Top 100 Events in North America" year after year.
Mount Boucherie is one of five extinct volcanoes found in the Okanagan.
Kelowna's five major performance companies produce over 15 plays and musicals each year.
The "Sunny ...
Posted by Jason Neumann
on August 26, 2011
The Central Okanagan foreclosure inventory is now starting to show signs of steady increases from month to month in 2011. The overall active foreclosure listings pale in comparison to the total inventory in the Central Okanagan which continues to be a good sign. Buyers ask me all the time if I foresee a huge influx of court ordered sales to the Kelowna real estate market? In my opinion, having watched ...
Posted by Jason Neumann
on July 18, 2011
Kelowna,BC and Central Okanagan Real Estate Stats - June 2011
Ratio of Sales vs. Total Inventory = 7.36%
Condo -- Sales = 49
Condo -- New Listings = 190
Condo -- Current Inventory = 980
Condo -- Sell/Inv. Ratio = 5.00%
Condo -- Days to Sell = 104
Average Price: $289,912
Average Median Price: $284,000
Townhouse -- Sales = 41
Townhouse -- New Listings = 144
Townhouse ...
Posted by Jason Neumann
on July 7, 2011
Looking for something fun and different to do in Kelowna this summer? Starting July 6 from 7-9pm on Wednesday evenings, Kelowna area residents are invited to try one of nine new dance styles for free at Stuart Park this summer.
There will be qualified dance instructors beginning the evening with a half-hour dance lesson at 7 p.m. with the opening dance at 7:30.
Dancing in the Park Weekly ...
Posted by Jason Neumann
on July 5, 2011
There are currently 113 active foreclosures (as of June 24,2011) amongst the entire listing inventory for the Central Okanagan. There are currently 69 active foreclosures (as of June 24,2011) amongst the entire listing inventory for the North Okanagan. There are 4,980 active listings this month (including the 113 foreclosure properties) in the Central Okanagan.
Active Foreclosure Inventory Breakdown: ...
Posted by Jason Neumann
on June 24, 2011
May 2011 Buyer Survey Results
The May 2011 results of the Okanagan Mainline Real Estate Board (OMREB) for Buyers Survey are in! There was a total of 151 respondents that participated in the survey – 40% of the 376 OMREB sales representatives who closed the 538 deals on behalf of Buyers last month. Here is what the survey showed:
Property Type:
27.4% ...
Posted by Jason Neumann
on June 17, 2011
A recent survey of buyer's agents in the Central Okanagan, North Okanagan and Shuswap regions revealed the following:
APRIL SURVEY SUMMARY*
Property Type:
27.7% of purchases were by Move Up Buyers
14.9% Moving from Single Family to Home Strata unit
10.6% by First Time Buyers
6.4% buying Revenue/Investment Property
6.4% Recreation Property Buyers
6.4% moving into Retirement Home/Seniors ...
Posted by Jason Neumann
on May 21, 2011
Century 21 Assurance Realty Ltd. moving truck will be at the Save on Foods, Westbank Town Centre #1 2475 Dobbin Road from 2pm until 8pm Friday, May 20th to collect donations for the victims of the Slave Lake Fire.
Here's what the residents of Slave Lake need right now: Household Items, Clothing, Blankets, Non-Perishable Food Items, Baby Needs and Pet Supplies. Anything that you donate ...
Posted by Jason Neumann
on May 19, 2011