North Okanagan Residential Inventory Levels Half of Where they were Just 5 Years Ago

North Okanagan Residential Inventory Levels Half of Where they were Just 5 Years Ago

North Okanagan Residential Real Estate Trends: January 2018

 

North Okanagan sales of single family, attached-wall and apartment properties totaled 79 units in January 2018, which was up by 41.1% when compared to the same month in 2017.

Comparatively, overall inventory levels reached historic lows for January, reaching roughly half of where they were just 5 years prior.

Overall, the average sale price was +23% higher in January 2018 by comparison to January 2017, and +5% higher than in January 2017.

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

 

North Okanagan Existing Home Trends by Product Type January 2018

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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