Current listing inventory as of June 11,2009:
Single Family Dwellings - 2108 properties including 13 pending offers
Strata - Condos - 1154 properties including 6 pending offers
Strata - Townhomes - 553 properties including 4 pending offers
Manufactured Home - 223 including 3 pending offers
Lots/Acreages - 864 properties including 5 pending offers
Total properties for sale - 4,902
And amongst the entire listing inventory...only 46 Foreclosures!!! Although foreclosure properties have nearly doubled since last month (there were 26 in mid May) the numbers are still relatively minimal in comparison to the large lsting inventory for the Central Okanagan.
This means that only .0094% of all Central Okanagan listings are currently in foreclosure! The breakdown is as follows: 2 Lots and Acreages, 23 Single Family Residential ($269,900 to $2.25 Million) and 16 Strata Properties ($134,900 to $990,000). There are four pending sales on foreclosure properties at this time as well.
If you would like a detailed list of current foreclosures in Kelowna and its surrounding areas please contact me at (250) 808-7700 or jason.neumann@century21.ca
Sincerely,
Jason Neumann