Kelowna Real Estate Listings | View All
May 1, 2023
Qualified buyers are back! We're seeing buyers who are ready to purchase coming from out-of-town, out-of-province and locally as well. We're also seeing more and more sellers ready to price their homes at current fair market value. This makes for a much smoother real estate transaction for everyone. The reality is that a home is worth whatever a buyer is willing to pay, that a seller is willing to accept. That's why it's important to have an experienced real estate agent on your side whether you are buying, or selling.
While condo prices have fallen 10% over this time last year, they're up slightly from this time last month.
With 94% more active listings over last year, we're seeing more choice for buyers.
Townhome sales are up 22% over last month, and we're seeing an increase in inventory as well.
While the average price of a townhome is down over this time last year, it's up 2% over last month.
Single family home inventory is up over last month and last year, but sales numbers are still down. The average price of a single family home has also dropped slightly over last month and 14% over this time last year.
If you're looking to buy or sell Kelowna real estate, contact Nyrose & Associates today!
