North Okanagan Home Sales Nearly Outpace New Listings as Prices Continue to Rise in August 2017

North Okanagan Home Sales Nearly Outpace New Listings as Prices Continue to Rise in August 2017

North Okanagan Residential Real Estate Trends: August 2017

North Okanagan sales of single family, attached-wall and apartment properties totaled 198 in August 2017, which is 10% higher when compared to the same month in 2016. By the same measure the average sale price was +8% higher (+4.3% year-to-date). Strong price growth in North Okanagan continues to be encouraged by extremely high sales-to-listing ratios that are nearing 100% and overall inventory levels that are down 20% from this time last year.

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

 


North Okanagan Single Family Existing Home Trends August 2017

 


North Okanagan Duplex Existing Home Trends August 2017

 


North Okanagan Townhome Existing Home Trends August 2017

 


Northl Okanagan Apartment Existing Home Trends August 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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