Kelowna Real Estate Pros

The MLS 2011 statistics translate an overall positive stand on sales in all four categories, residential, apartments, townhomes and lots vs. the statistics of the previous year. The biggest change noted is seen in the lots category with a 235% increase over 2010. Apartment sales place second with a 59% increase over last year’s figures, however the median sale prices either remain unchanged or have dropped in 2011. Meanwhile the median resident home price for 2011 has increase by $2000 to $427,000. Unfortunately what we are seeing in the other three categories is a dr....