Kelowna Real Estate Listings | View All
One of the best ways to prepare and anticipate for what's ahead is to take a look at where we've been - and that's what Kelowna Realtor Darcy Nyrose does in his monthly market stats recap this month. Watch as Darcy uncovers not only what happened in December 2021, but also the past years.
Condo inventory on the MLS is low as are sales numbers, although we're a little higher than this time last year. Pricing for condos continues to push upwards with the average sale price now over $500,000 for two months in a row.
Townhome inventory is low which continues to push pricing up to a record average sale price just under $700,000. Several townhome projects are set to hit the presale market in the coming months which will bring about some great options for those looking to buy.
Single family home inventory is really low right now; however, that did not result in record average sale pricing. Home prices cooled off slightly, back down below $1.1k. With less homes on the market, we also saw fewer sales.
If you're looking to buy or sell Kelowna real estate, contact Nyrose & Associates today!
