September
2005 - Central Okanagan Statistics
The Kelowna real estate market had a huge leap
this month. September 2005 average house prices
went from $329,287 to $342,020 throughout the
month. There was a significant increase from
the September 2004 average of $296,437 which
brings us up to a 15.37% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
increased a bit. The number of units listed
in September is up 6.1% to 852 units over last
year’s 803 units. How many SOLDS did we
see? Kelowna buyers were back in full force
this month with 584 units sold this year vs.
the 467 units sold last year. Days on market
is holding steady at 78 days.
October 2005 - Central Okanagan Statistics
The Kelowna real estate market starts to fluctuate.
October 2005 average house prices went from
$342,020 to $338,550 throughout the month. There
was a significant increase from the October
2004 average of $291,213 which brings us up
to a 16.25% overall increase from the past year.
The number of Kelowna/Central Okanagan sellers
increased. The number of units listed in October
is up 20.5% to 675 units over last year’s
560 units. How many SOLDS did we see? Kelowna
buyers were back in full force this month again
with 405 units sold this year vs. the 356 units
sold last year. Days on market is holding steady
at 78 days.
November 2005 - Central Okanagan Statistics
The Kelowna real estate market continues to
fluctuate. November 2005 average house prices
went from $338,550 to $349,184 throughout the
month. There was a significant increase from
the November 2004 average of $298,803 which
brings us up to a 16.86% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
decreased. The number of units listed in November
is down 10.8% to 569 units over last year’s
638 units. How many SOLDS did we see? Kelowna
buyers were back in full force this month again
with 447 units sold this year vs. the 393 units
sold last year. Days on market is holding steady
at 78 days.
December 2005 - Central Okanagan Statistics
The Kelowna real estate market increases for
the second month in a row. December 2005 average
house prices went from $349,184 to $355,380
throughout the month. There was a significant
increase from the December 2004 average of $287,351
which brings us up to a 23.67% overall increase
from the past year.
The number of Kelowna/Central Okanagan sellers
decreased. The number of units listed in December
is down 10.9% to 336 units over last year’s
377 units. How many SOLDS did we see? Kelowna
buyers finally backed off a bit with only 302
units sold this year vs. the 340 units sold
last year. Days on market is holding steady
at 78 days.
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