Central Okanagan Monthly Real Estate Statistics - July 2008

Here is a link to the Okanagan Mainline Real Estate Bord monthly stats for July 2008:-------

http://www.realtorlink.ca/portal/server.pt/gateway/PTARGS_0_91842_1462363_0_0_18/07%20-%20CO%20Statistics%20July%202008.pdf ---------

As you can see things are very interesting at the moment. We are entering a buyer's market. To break down the stat comparison from 2007 to July 2008 in a nutshell the stats read as follows:

Total sales: -38.71% (down from last year)

Average days on market: 74

Listing volume: 84.44% (more homes listed this in 2008 then 2007)

Average  house price 2008: $512,811.56

Residential price increase: 6.90% (higher prices then last year)

 

 

Trever Florko

Trever Florko

Personal Real Estate Corporation
CENTURY 21 Assurance Realty Ltd.
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