North Okanagan Existing Home Market Continues to Favor Sellers into the Fall

North Okanagan Existing Home Market Continues to Favor Sellers into the Fall

North Okanagan Residential Real Estate Trends: September 2017

North Okanagan sales of single family, attached-wall and apartment properties totaled 157 in September 2017, which is equal when compared to the same month in 2016.

By the same measure the average sale price was +10% higher (+7% year-to-date). Strong price growth in the North Okanagan continues to be encouraged by extremely high sales-to-listing ratios that ranged from 74% for single family homes to a whopping 145% for apartment condos in September 2017.

Overall, inventory levels that are down 18% from this time last year.

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

 


North Okanagan Single Family Existing Home Trends September 2017

 


North Okanagan Duplex Existing Home Trends September 2017

 


North Okanagan Townhome Existing Home Trends September 2017

 


Northl Okanagan Apartment Existing Home Trends September 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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