September 2002
- Central Okanagan Statistics
The Kelowna real estate market continues to fluctuate.
September 2002 average house prices went from $200,585
to $216,342 throughout the month. There was an increase
from the September 2001 average of $192,869 which
brings us up to a 12.17% overall increase from the
past year.
The number of Kelowna/Central Okanagan sellers decreased
this month. The number of units listed in September
is down 6.0% to 598 units over last year’s 636
units. How many SOLDS did we see? Kelowna buyers were
busy as 395 units sold this year vs. the 318 units
sold last year. Days on market held steady at 82 days.
October 2002 - Central Okanagan Statistics
The Kelowna real estate market continues to fluctuate.
October 2002 average house prices went from $216,342
to $206,508 throughout the month. There was an increase
from the October 2001 average of $192,281 which brings
us up to a 7.39% overall increase from the past year.
The number of Kelowna/Central Okanagan sellers increased
this month. The number of units listed in October
is up 2.2% to 649 units over last year’s 635
units. How many SOLDS did we see? Kelowna buyers were
busy as 428 units sold this year vs. the 339 units
sold last year. Days on market held steady at 82 days.
November 2002 - Central Okanagan Statistics
The Kelowna real estate market continues to fluctuate.
November 2002 average house prices went from $206,508
to $212,703 throughout the month. There was an increase
from the November 2001 average of $188,025 which brings
us up to a 13.12% overall increase from the past year.
The number of Kelowna/Central Okanagan sellers decreased
this month. The number of units listed in November
is down 6.5% to 476 units over last year’s 509
units. How many SOLDS did we see? Kelowna buyers were
still busy as 329 units sold this year vs. the 280
units sold last year. Days on market increased a bit
to 87 days.
December 2002 - Central Okanagan Statistics
The Kelowna real estate market is on the rise. December
2002 average house prices went from $212,703 to $219,797
throughout the month. There was an increase from the
December 2001 average of $200,336 which brings us
up to a 9.71% overall increase from the past year.
The number of Kelowna/Central Okanagan sellers increased
this month. The number of units listed in December
is way up 33.0% to 383 units over last year’s
288 units. How many SOLDS did we see? Kelowna buyers
held steady as 235 units sold this year vs. the 230
units sold last year. Days on market stayed at 87
days.
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