2016 MARKET STATS

The Central Okanagan MLS statistics have recently been released and its showing that the Kelowna Real Estate Market Trends are holding strong and steady.

The results of 2016 saw growth over 2015 in these areas:

-Residential Home Sales were up 19%

-Apartment Sales were up 38%

-Townhome Sales were up 20%

-Lot Sales were up 70%

There is already an increase for 2017 in Residential Homes and Apartments, which is a great indicator of what is to come in 2017.

Currently the overall inventory in all areas is approximately 30% lower over January 2016, indicating that the demand is high.

If you are thinking about selling your property or want to discuss the Kelowna Real Estate Market in more detail, please do not hesitate to contact the team at Nyrose and Associates today. The Kelowna Real Estate Pros can be contacted by phone at

250-575-1946, via email at [email protected] or view Kelowna Real Estate Listings.

To view the entire report for January, please click Listing Statistics January 2017

 

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