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
|
