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Home » Kelowna Real Estate Market Stats - Here's What Happened in July

Kelowna Real Estate Market Stats - Here's What Happened in July

August 1, 2020

We've been experiencing some great HOT weather, with more hot days on the way. Well, our local real estate market has followed suit. What we've got is the best of Kelowna's summer coupled with the best of what typically looks like a hot spring market. It makes for busy REALTORS but when you love what you do, it's worth it!

Recently, The Canadian Real Estate Association reported that home sales in June were nearing or even beating pre-pandemic levels after coming to a near standstill earlier in the year as a result of non-essential businesses closing or slowing down to help slow the spread of COVID-19. So, this month, we took a look at home sales and sale prices over the past 3 years and we can tell you... we're seeing higher sale prices and more sales than we've seen. That's a great indicator that our market is as hot as the weather!

Watch as Darcy Nyrose gives some insight into the current market in Kelowna and the Central Okanagan:

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Kelowna Real Estate Market Stats - By The Numbers

Here's What Happened in our Home Categories:

 

Once again, NOW is the time to buy or sell. Want to learn more? Get and touch and we'd love to help you take advantage of what's happening in the market.

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