January 2003 -
Central Okanagan Statistics
The Kelowna real estate market remained steady this
month. January 2003 average house prices went from
$219,797 to $219,994 throughout the month. There was
a significant increase from the January 2002 average
of $193,452 which brings us up to a 13.724% overall
increase from the past year.
The number of Kelowna/Central Okanagan sellers held
steady this month. The number of units listed in January
is down 0.8% to 650 units over last year’s 655
units. How many SOLDS did we see? Kelowna buyers are
a bit busier with 310 units sold this year vs. the
283 units sold last year. Days on market increased
to 125 days.
February 2003 - Central Okanagan Statistics
The Kelowna real estate market continues to rise
this month. February 2003 average house prices went
from $219,994 to $222,166 throughout the month. There
was a significant increase from the February 2002
average of $194,330 which brings us up to a 14.32%
overall increase from the past year.
The number of Kelowna/Central Okanagan sellers increased
a little month. The number of units listed in February
is up 8.38% to 711 units over last year’s 656
units. How many SOLDS did we see? Kelowna buyers must
be on holiday as only 356 units sold this year vs.
the 407 units sold last year. Days on market held
steady at 125 days.
March 2003 - Central Okanagan Statistics
The Kelowna real estate market had a slight increase
this month. March 2003 average house prices went from
$222,166 to $222,907 throughout the month. There was
a significant increase from the March 2002 average
of $195,478 which brings us up to a 14.03% overall
increase from the past year.
The number of Kelowna/Central Okanagan sellers increased
a little month. The number of units listed in March
is up 8.55% to 724 units over last year’s 667
units. How many SOLDS did we see? Kelowna buyers are
back from holiday as 492 units sold this year vs.
the 477 units sold last year. Days on market held
steady at 125 days.
April 2003 - Central Okanagan Statistics
The Kelowna real estate market continues to rise
this month. April 2003 average house prices went from
$222,907 to $233,813 throughout the month. There was
a significant increase from the April 2002 average
of $197,902 which brings us up to an 18.14% overall
increase from the past year.
The number of Kelowna/Central Okanagan sellers decreased
this month. The number of units listed in April is
down 21.76% to 615 units over last year’s 786
units. How many SOLDS did we see? Kelowna buyers backed
off a bit as 481 units sold this year vs. the 534
units sold last year. Days on market held steady at
125 days.
Click here to view May, June, July & August 2003
real estate statistics
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