November 30, 2010 Market Stats

Current Market Statistics

Okanagan Mainline Real Estate Board

North Okanagan - November 30, 2010

  

Total number of Single Family Residential homes listed for sale on the MLS

November  30, 2010:                 608

   November 30, 2009:                  573  

Inventory is up 6.11%

 

Single Family Residential Homes that have sold year to date:

 January 1, 2010 - November 30, 2010:        673 

January 1, 2009 - November 30 2009:         772

Total Sales YTD are down 12.82%

         

Historical Listings & Sales of Single Family Residential Homes in the North Okanagan

                                                               Total Listings on Nov 30th                           Total Year-To-Date Sales

                           2010                                             608                                                                     673

                           2009                                             573                                                                     772

                           2008                                             730                                                                     672

                           2007                                             392                                                                   1113

                           2006                                             428                                                                   1115

 

Absorption Rates (rate at which inventory is sold)

Year-To-Date, Month ending November       

2010           7.24%   

     2009            11.0%       

2008             5.48% 

2007            18.11%

2006            15.89%

 

Prepared by Paige Gregson using statstics provided by the Okanagan Mainline Real Estate Board. To view all statistics go to http://www.omreb.com/page.php?pageID=114§ionID=2 or contact Paige to get a personalized overview of the market you're whether it's a Townhouse, Apartment, Lot, Farm, Duplex or Mobile Home by calling 250-549-2103 or send an email to paige.gregson@century21.ca.

Paige Gregson

 REALTOR®

 

 

Paige Gregson

Paige Gregson

REALTORĀ®
CENTURY 21 Executives Realty Ltd.
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