Stats

Average House Prices By Month

  2006 2007 2008
JANUARY $345,818 $437,146 $483,284
FEBRUARY $374,380 $450,058 $496,621
MARCH $373,925 $442,246 $542,236
APRIL $418,334 $455,996 $552,830
MAY $396,222 $472,555  
JUNE $414,511 $504,912  
JULY $419,194 $479,714  
AUGUST $424,270 $496,510  
SEPTEMBER $419,242 $512,649  
OCTOBER $423,488 $500,943  
NOVEMBER $415,996 $463,157  
DECEMBER $425,263 $497,321  

Central Okanagan Comparative Statistics

  APRIL 30TH
2008
APRIL 30TH
2007
Total Active Residential Listing Inventory 1,396 964
Residential Units Sold 241 299
Average Days to Sell (Residential) 57 54
Listing Price Vs. Sales Price Ratio 96.9% 97.5%
Number of Sales – All Categories 476 663
Average House Sales Price (YTD) $524,113 $448,053
Median House Sale Price (YTD) $480,000 $410,000
Total Sales Dollars (YTD) Central Okanagan $736,834,496 $810,934,912


  APRIL 30TH, 2008
INVENTORY BASE
2008
2007
Condo/Apartment 1,096 513
Condo/Townhouse 398 236

Central Okanagan Comparative Statistics For The Month Of April 2008

 
RESIDENTIAL
APARTMENT
TOWNHOUSE
  2008 2007 2008 2007 2008 2007

LISTING INVENTORY

1,396 964 1,096 513 398 236
UNITS SOLD 241 299 94 156 42 80

AVERAGE DAYS TO SELL

57 54 64 71 46 46

LIST PRICE VS. SALE PRICE RATIO

96.9% 97.5% 96.0% 97.8%  96.8%  97.6%

AVERAGE SALE PRICE

$552,830 $455,641 $287,819 $259,147 $409,021 $333,891

MEDIAN SALE PRICE

$494,500 $415,000 $272,000 $238,700 $361,250 $316,750

 

Office Address

Macdonald Realty Kelowna
592 KLO Road
Kelowna, British Columbia
V1Y 7S2

 

  • 250-860-4300
  • 250-712-3100
  • 250-860-1600

 

Contact Information

Donald J. Gerein
Managing Broker

 

Marci A. Gerein
Assistant and Contact Person

 

Trisha Dale
Property Management

 

Donna Scott
Administrator

 

Ray Trudeau
Assistant Managing Broker