January's market numbers illustrate a classic case of supply and demand. For the past two months, we've seen the lowest numbers of active listings in the past ten years. When it comes to the number of sales, January 2021 had the highest number of sales for a January in the past ten years. It's driving prices up and making for a very competitive market for buyers. We're seeing homes go into multiple offer situations over and over again. We can't stress enough how important it is for all buying groups to have experienced representation. As a buyer, you need the right strategy to match your real estate goals - whether you are an investor, a first time buyer, or a move-up or move-down buyer.

One such strategy? If you have the time to wait for construction, there are great opportunities in new developments and communities across all product types - condos, townhomes and lots.

Listen in as Darcy Nyrose puts his experience and expertise to good use as he chats about what's happening in the market right now. In under 10 minutes you'll finish with a clear understanding of the market!

Kelowna Real Estate Market By The Numbers

If you're looking to buy or sell, put the experience of the Nyrose Team behind you - contact us today. We'd love to chat with you and help ensure you are in the prime position to take advantage of the current market.