Residential Inventory Levels in North Okanagan Continue to Encourage Strong Price Gains in July 2017

Residential Inventory Levels in North Okanagan Continue to Encourage Strong Price Gains in July 2017

North Okanagan Residential Real Estate Trends: July 2017

North Okanagan sales of single family, attached-wall and apartment properties totaled 207 in July 2017, about equal to the same month in 2016. By the same measure the average sale price was +10.0% higher (+6% year-to-date). Strong price growth in North Okanagan continues to be encouraged extremely high sales-to-listing ratios that are nearing 100% and overall inventory levels that are down 30% from this time last year.

To view specific trends by property types see the slide shows below:

 

 


North Okanagan Single Family Existing Home Trends July 2017

 


North Okanagan Duplex Existing Home Trends July 2017

 


North Okanagan Townhome Existing Home Trends July2017

 


Northl Okanagan Apartment Existing Home Trends July 2017

 

Disclaimer: Although the data analyzed have been produced and processed from sources believed to be reliable, no warranty expressed or implied is made regarding accuracy, adequacy, completeness, legality, reliability or usefulness of this articles information.

 

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