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You Are Here:  Home / Local Info. / Kelowna Market Watch / Jan. - Apr. 2002
 
 

Kelowna Real Estate Statistics
January, February, March, April - 2002


     
           

January 2002 - Central Okanagan Statistics

The Kelowna real estate market continues to fluctuate. January 2002 average house prices went from $200,336 to $193,452 throughout the month. There was a slight increase from the January 2001 average of $193,017 which brings us up to a 2.25% overall increase from the past year.

The number of Kelowna/Central Okanagan sellers increased this month. The number of units listed in January is up 6.6% to 665 units over last year’s 624 units. How many SOLDS did we see? Kelowna buyers were very busy as 286 units sold this year vs. the 139 units sold last year. Days on market were 125 days.

February 2002 - Central Okanagan Statistics

The Kelowna real estate market continues to fluctuate. February 2002 average house prices went from $193,452 to $194,330 throughout the month. There was a slight increase from the February 2001 average of $184,563 which brings us up to a 5.29% overall increase from the past year.

The number of Kelowna/Central Okanagan sellers increased this month. The number of units listed in February is up 20.2% to 661 units over last year’s 550 units. How many SOLDS did we see? Kelowna buyers were very busy as 408 units sold this year vs. the 230 units sold last year. Days on market were down a bit to 110 days.

March 2002 - Central Okanagan Statistics

The Kelowna real estate market continues to fluctuate. March 2002 average house prices went from $194,330 to $195,478 throughout the month. There was a slight increase from the March 2001 average of $187,120 which brings us up to a 4.46% overall increase from the past year.

The number of Kelowna/Central Okanagan sellers decreased this month. The number of units listed in March is down 23.0% to 659 units over last year’s 856 units. How many SOLDS did we see? Kelowna buyers were very busy as 460 units sold this year vs. the 280 units sold last year. Days on market were down to 90 days.

April 2002 - Central Okanagan Statistics

The Kelowna real estate market continues to fluctuate. April 2002 average house prices went from $195,478 to $197,902 throughout the month. There was a slight increase from the April 2001 average of $192,129 which brings us up to a 3.0% overall increase from the past year.

The number of Kelowna/Central Okanagan sellers increased this month. The number of units listed in April is up 6.5% to 785 units over last year’s 737 units. How many SOLDS did we see? Kelowna buyers were very busy again as 526 units sold this year vs. the 335 units sold last year. Days on market held steady at 90 days.


Click here to view May, June, July & August 2002 real estate statistics


Kelowna Real Estate Market Watch Index
Jan - Apr 02
May - Aug 02
Sept - Dec 02
Jan - Apr 03
May - Aug 03
Sept - Dec 03
Jan - Apr 04
May - Aug 04
Sept - Dec 04
Jan - Apr 05
May - Aug 05
Sept - Dec 05
Jan - Apr 06
May - Aug 06
Sept - Dec 06
Jan - Apr 07
May - Aug 07
Sept - Dec 07
Jan - Apr 08