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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