August Real Estate Report estate report

Terri Ann Novello, REALTOR®

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"Don't wait to buy land, buy land and wait."

-William Penn Adair "Will" Rogers

Home inventories continue to stay high as we head into September, allowing buyers to benefit from a greater selection of properties. With a healthy inventory of homes on the market, and attractive current interest rates, this is a good time to get into the market or make an upward move.
As part of the world's largest Real Estate organization, I am proud to offer industry leading service to my clients.  I would be honored if you would give me the opportunity to provide this great service to your friends and family.
Market Statistics

Based on July MLS Data

New Listings:

July 2012 - 919
July 2011 - 963

Unit Sales:

July 2012 - 421
July 2011 - 372
Median Prices:
Single Family Residential - $428,950

Townhouse - $330,000

Condo - $205,086


Lot - $170,000


CLICK HERE for a complete Stats report

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Terri Ann Novello   

CENTURY 21 Assurance Realty Ltd
Toll-free: 888.301.2121
Bus: 250.869.0101
Cell: 250.808.1005


251 Harvey Avenue, Kelowna, BC  V1Y 6C2



$10,000 Raised for Okanagan Hospice and Women's Shelter

Despite a slowdown in the pace of home sales in the Central Okanagan, the community spirit of local REALTORS® is undeterred. The members of the Okanagan Mainline Real Estate Board's Central Zone have raised $10,000 to benefit the local hospice and women's shelter.

The donations are the result of fundraising efforts of the REALTORS® of OMREB's Central Zone during the 2011 Christmas luncheon and silent auction.

The Central Okanagan Hospice Association provides palliative care programs including community care, residential care, hospice care and acute care to those suffering with cancer and assists their families. The monies presented will go towards volunteer training for the palliative team of 250 volunteers who offer support to the terminally ill and their families in long term care facilities, the hospital, and their own homes, as well as at Hospice House.

The Kelowna Women's Shelter has offered a safe refuge for women and children faced with family violence for the past 31 years and notes that one in three women will experience abuse at some point during their life time. The Shelter provides housing and support, crisis management, child care and counseling for children, as well as community education and outreach programs. The donation to the Kelowna Women's Shelter has been earmarked for the Shelter's public awareness campaign on Castanet.


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Terri Ann Novello

Terri Ann Novello

CENTURY 21 Assurance Realty Ltd.
Contact Me