January
2006 - Central Okanagan Statistics
The Kelowna real estate market had a slight
decline to start of the new year. January 2006
average house prices dropped 2.69% from $355,380
to $345,818 throughout the month. However there
is a significant increase from the January 2005
average of $307,809 which brings us up to a
12.34% overall increase from the past year.
The number of Kelowna/Central Okanagan sellers
increased. The number of units listed in January
is up 22.10% to 739 units over last year’s
605 units. How many SOLDS did we see? Kelowna
buyers were busier this month with 377 units
sold this year vs. the 331 units sold last year.
Days on market increased to 83 days.
February 2006 - Central Okanagan Statistics
The Kelowna real estate market had a jump up
this month. February 2006 average house prices
increased 4.7% from $345,818 to $362,183 throughout
the month. However there is a significant increase
from the February 2005 average of $305,533 which
brings us up to a 18.54% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
increased. The number of units listed in February
is up 3.0% to 766 units over last year’s
744 units. How many SOLDS did we see? Kelowna
buyers were a bit busier this month with 480
units sold this year vs. the 450 units sold
last year. Days on market decreased to 73 days.
March 2006 - Central Okanagan Statistics
The Kelowna real estate market was on the rise
this month. March 2006 average house prices
increased 1.4% from $362,183 to $367,287 throughout
the month. However there is a significant increase
from the March 2005 average of $307,726 which
brings us up to a 19.35% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
increased. The number of units listed in March
is down 2.4% to 899 units over last year’s
921 units. How many SOLDS did we see? Kelowna
buyers were a bit busier this month with 567
units sold this year vs. the 562 units sold
last year. Days on market went way up to 155
days.
April 2006 - Central Okanagan Statistics
The Kelowna real estate market had another
strong month. April 2006 average house prices
increased 3.7% from $367,287 to $381,151 throughout
the month. However there is a significant increase
from the April 2005 average of $320,950 which
brings us up to a 18.76% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
increased. The number of units listed in April
is way down 13% to 792 units over last year’s
910 units. How many SOLDS did we see? Kelowna
buyers were busy with spring cleaning 507 units
sold this year vs. the 600 units sold last year.
Days on market decreased to 92 days.
Click here to view May, June, July & August
2006 real estate statistics
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