May
2006 - Central Okanagan Statistics
The Kelowna real estate market
held steady this month. May 2006 average house
prices increased $37.00 from $381,151 to $381,188
throughout the month. However, there is a significant
increase from the May 2005 average of $347,713 which
brings us up to a 9.63 overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers increased.
The number of units listed in May is up 7.6% to 892
units over last year's 829 units. How many SOLDS
did we see? Kelowna buyers behaved pretty much
the same as last year with 542 units sold this year
vs. the 560 units sold last year. Days on market
held steady at 92 days.
June 2006 - Central Okanagan Statistics
The Kelowna real estate market broke the $400,000
barrier this month. June 2006 average house prices
increased 4.61% from $396,221 to $414,511 throughout
the month. However there is a significant increase
from the June 2005 average of $334,084 which brings
us up to a 24.07% overall increase from the past year.
The number of Kelowna/Central Okanagan sellers increased.
The number of units listed in June is up 2% to 882
units over last year’s 865 units. How many SOLDS
did we see? Kelowna buyers were busy with the end
of school with 507 units sold this year vs. the 603
units sold last year. Days on market increased to
102 days.
July 2006 - Central Okanagan Statistics
The Kelowna real estate market holds steady. July
2006 average house prices only increased 1.13% from
$414,511 to $419,194 throughout the month. However
there is a significant increase from the July 2005
average of $332,745 which brings us up to a 25.985%
overall increase from the past year.
The number of Kelowna/Central Okanagan sellers increased.
The number of units listed in July is up 8% to 794
units over last year’s 735 units. How many SOLDS
did we see? Kelowna buyers were status quo with 514
units sold this year vs. the 525 units sold last year.
Days on market increased to 104 days.
August 2006 - Central Okanagan Statistics
The Kelowna real estate market continues with a slight
increase. August 2006 average house prices increased
1.21% from $419,194 to $424,270 throughout the month.
However there is a significant increase from the August
2005 average of $329,287 which brings us up to a 28.85%
overall increase from the past year.
The number of Kelowna/Central Okanagan sellers increased.
The number of units listed in August is up 15.1% to
868 units over last year’s 754 units. How many
SOLDS did we see? Kelowna buyers were on vacation
with 511 units sold this year vs. the 647 units sold
last year. Days on market dropped to 103 days.
Click here to view September, October, November &
December 2006 real estate statistics
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