May 2002
- Central Okanagan Statistics
The Kelowna real estate market breaks $200,000.
May 2002 average house prices went from $197,902
to $206,652 throughout the month. There was
an increase from the May 2001 average of $185,266
which brings us up to an 11.54% overall increase
from the past year.
The number of Kelowna/Central Okanagan sellers
increased this month. The number of units listed
in May is up 28.0% to 901 units over last year’s
704 units. How many SOLDS did we see? Kelowna
buyers were very busy again as 533 units sold
this year vs. the 397 units sold last year.
Days on market dropped to 82 days.
June 2002 - Central Okanagan Statistics
The Kelowna real estate market is up this month.
June 2002 average house prices went from $206,652
to $210,550 throughout the month. There was
an increase from the June 2001 average of $190,036
which brings us up to a 10.79% overall increase
from the past year.
The number of Kelowna/Central Okanagan sellers
decreased this month. The number of units listed
in June is down 3.8% to 702 units over last
year’s 730 units. How many SOLDS did we
see? Kelowna buyers were very busy again as
432 units sold this year vs. the 385 units sold
last year. Days on market held steady at 82
days.
July 2002 - Central Okanagan Statistics
The Kelowna real estate market fluctuates.
July 2002 average house prices went from $210,550
to $209,831 throughout the month. There was
an increase from the July 2001 average of $189,163
which brings us up to a 10.92% overall increase
from the past year.
The number of Kelowna/Central Okanagan sellers
increased this month. The number of units listed
in July is up 2.4% to 736 units over last year’s
719 units. How many SOLDS did we see? Kelowna
buyers were very busy again as 451 units sold
this year vs. the 347 units sold last year.
Days on market held steady at 82 days.
August 2002 - Central Okanagan Statistics
The Kelowna real estate market continues to
fluctuate. August 2002 average house prices
went from $209,831 to $200,585 throughout the
month. There was a slight increase from the
August 2001 average of $191,743 which brings
us up to a 4.61% overall increase from the past
year.
The number of Kelowna/Central Okanagan sellers
decreased this month. The number of units listed
in August is down 6.4% to 653 units over last
year’s 698 units. How many SOLDS did we
see? Kelowna buyers held steady as 397 units
sold this year vs. the 401 units sold last year.
Days on market held steady at 82 days.
Click here to view September, October, November
& December 2002 real estate statistics
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