September
2006 - Central Okanagan Statistics
The Kelowna real estate market dropped back
a little this month. September 2006 average
house prices dropped 1.19% from $424,270 to
$419,242 throughout the month. However there
is a significant increase from the September
2005 average of $342,020 which brings us up
to a 22.58% overall increase from the past year.
The number of Kelowna/Central Okanagan sellers
also dropped a bit. The number of units listed
in September is down 11% to 809 units over last
year’s 909 units. How many SOLDS did we
see? Kelowna buyers were busy with back to school
with 443 units sold this year vs. the 637 units
sold last year. Days on market increased to
112 days.
October 2006 - Central Okanagan Statistics
The Kelowna real estate market starts to fluctuate.
October 2006 average house prices increased
1% from $419,242 to $423,488 throughout the
month. However there is a significant increase
from the October 2005 average of $338,550 which
brings us up to a 25.09% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
has also been on the rise. The number of units
listed in October is up 26.3% to 854 units over
last year’s 676 units. How many SOLDS
did we see? Kelowna buyers were about the same
as last November 2005 with 406 units sold this
year vs. the 407 units sold last year. Days
on market increased to 121 days.
November 2006 - Central Okanagan Statistics
The Kelowna real estate market continues to
fluctuate. November 2006 average house prices
fell 1.77% from $423,488 to $415,996 throughout
the month. However there is a significant increase
from the November 2005 average of $349,184 which
brings us up to a 19.13% overall increase from
the past year.
The number of Kelowna/Central Okanagan sellers
has also been on the rise. The number of units
listed in November is up 31.1% to 747 units
over last year’s 570 units. How many SOLDS
did we see? Again Kelowna buyers were busy elsewhere
with 341 units sold vs. the 450 units sold in
November 2005. Days on market decreased to 92
days.
December 2006 - Central Okanagan Statistics
The Kelowna real estate market had a good holiday
month. December 2006 average house prices increased
2.2% from $415,996 to $425,263 throughout the
month. This is a significant increase from the
December 2005 average of $355,380 which brings
us up to a 19.66% overall increase from the
past year.
The number of Kelowna/Central Okanagan sellers
didn’t move too much. The number of units
listed in December is up 1.5% to 341 units over
last year’s 336 units. How many SOLDS
did we see? A bit of a drop with 228 units sold
vs. the 299 units sold in December 2005. Days
on market increased to 123 days.
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