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We’ve been paying close attention to the sales numbers across each sector and there’s a trend that’s worth mentioning.

In the Single Family Home sector, for 4 months in a row, the sales numbers have increased over last year.

In the Townhome and Condo market, the sales numbers just missed posting an increase for October (vs. last October); however, we did see increases in July, August and September over last year.

What does this mean?  Buyers are out there buying!

What About Pricing?  Here’s the Most Expensive & Least Expensive Home Sales For October, 2019

In other market news:

October saw less inventory across all sectors vs. September, which is understandable for a fall real estate market. With a little less choice on the market for buyers, it’s important to utilize the services of an experienced real estate professional.  For those thinking about selling, why wait for spring? When there is less inventory, there’s less competition!

October 2019 market stats

How Do These Numbers Relate to YOUR Real Estate Goals? Get in Touch!

 

 

DARCY NYROSE

Call Darcy Nyrose(Personal Real Estate Corporation)and the team at Nyrose & Associates

We Bring a Fresh Approach to the Kelowna Real Estate Market.

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