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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