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You Are Here:  Home / Local Info. / Kelowna Market Watch / Sept. - Dec. 2007
 
 

Kelowna Real Estate Statistics
September, October, November, December - 2007


     
           

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.

 


Kelowna Real Estate Market Watch Index
Jan - Apr 02
May - Aug 02
Sept - Dec 02
Jan - Apr 03
May - Aug 03
Sept - Dec 03
Jan - Apr 04
May - Aug 04
Sept - Dec 04
Jan - Apr 05
May - Aug 05
Sept - Dec 05
Jan - Apr 06
May - Aug 06
Sept - Dec 06
Jan - Apr 07
May - Aug 07
Sept - Dec 07
Jan - Apr 08