September
2007 - Central Okanagan Statistics
The Kelowna real estate market is up again.
September 2007 average house prices increased
3.33% from $496,510 to $512,649 throughout the
month. There is also a significant increase
from the September 2006 average of $419,242
which brings us up to a 22.28% 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 September is up 15.39% to 937 units
over last year’s 812 units. How many SOLDS
did we see? Again an increase over last year
– with 462 units sold over the 442 units
sold in September 2006. Days on market increased
by a few days to 66 days.
October 2007 - Central Okanagan Statistics
The Kelowna real estate market dropped slightly
this month. October 2007 average house prices
decreased 2.28% from $512,649 to $500,943 throughout
the month. There is a significant increase from
the October 2006 average of $424,090 which brings
us up to a 18.12% 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 6.91% to 913 units over
last year’s 854 units. How many SOLDS
did we see? Again an increase over last year
– with 474 units sold over the 407 units
sold in October 2006. Days on market increased
by a few days to 70 days.
November 2007 - Central Okanagan
Statistics
The Kelowna real estate market dropped quite a bit this month. November 2007 average house prices decreased 8.16% from $500,943 to $463,157 throughout the month. There is a significant increase from the November 2006 average of $413,056 which brings us up to a 12.13% 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 7.50% to 803 units over last year’s 747 units. How many SOLDS did we see? Again an increase over last year – with 365 units sold over the 341 units sold in November 2006. Days on market increased by a day to 71 days.
December 2007 - Central Okanagan
Statistics
The Kelowna real estate market increased a bit this month. December 2007 average house prices increased 7.34% from $463,157 to $497,312 throughout the month. There is a significant increase from the December 2006 average of $426,205 which brings us up to a 16.69% 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 December is up 62.28% to 555 units over last year’s 342 units. How many SOLDS did we see? Again an increase over last year – with 277 units sold over the 229 units sold in December 2006. Days on market increased by a few days to 81.
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