January
2005 - Central Okanagan Statistics
The Kelowna real estate market had a slight
increase. January 2005 average house prices
increased 7.1% from $287,351 to $307,809 throughout
the month. However there is a significant increase
from the January 2004 average of $259,185 which
brings us up to an 18.76% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
decreased slightly. The number of units listed
in January is down 1.9% to 605 units over last
year’s 617 units. How many SOLDS did we
see? Kelowna buyers were busier this month with
328 units sold this year vs. the 313 units sold
last year. Days on market held steady at 78
days.
February 2005 - Central Okanagan Statistics
The Kelowna real estate market held its own
this month. February 2005 average house prices
went from $307,809 to $305,553 throughout the
month. However there is a significant increase
from the February 2004 average of $255,706 which
brings us up to a 19.49% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
increased dramatically. The number of units
listed in February is up 29.2% to 738 units
over last year’s 571 units. How many SOLDS
did we see? Kelowna buyers were busier this
month with 445 units sold this year vs. the
398 units sold last year. Days on market held
steady at 78 days.
March 2005 - Central Okanagan Statistics
The Kelowna real estate market held steady
this month. March 2005 average house prices
went from $305,553 to $307,726 throughout the
month. However there is a significant increase
from the March 2004 average of $264,780 which
brings us up to a 16.22% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
increased dramatically. The number of units
listed in March is up 13.4% to 925 units over
last year’s 816 units. How many SOLDS
did we see? Kelowna buyers were busier doing
something else this month with 554 units sold
this year vs. the 572 units sold last year.
Days on market held steady at 78 days.
April 2005 - Central Okanagan Statistics
The Kelowna real estate market had a big jump
this month. April 2005 average house prices
went from $307,726 to $320,950 throughout the
month. There is also a significant increase
from the April 2004 average of $276,865 which
brings us up to a 15.92% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
decreased a bit. The number of units listed
in April is down 3.1% to 909 units over last
year’s 938 units. How many SOLDS did we
see? Kelowna buyers were back on track this
month with 596 units sold this year vs. the
533 units sold last year. Days on market held
steady at 78 days.
Click here to view May, June, July & August
2005 real estate statistics
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