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Home » Kelowna Real Estate Stats - Market Update - Here's What Happened in November 2024

Kelowna Real Estate Stats - Market Update - Here's What Happened in November 2024

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose

December 1, 2024

The condo market led the way in November with sales volume and average sale price up over both November of 2023 and last month. The townhome and single family home categories were both up in sales volume over November 2023, but down over last month. And, when it comes to pricing, both townhomes and single family homes were down in price slightly over this time last year and last month. With the positive trend in interest rates, are seeing buyer confidence up as we head into the winter market.
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Kelowna Real Estate Market By The Numbers

Kelowna Condo Real Estate Market Stats - November 2024

Sales volume and pricing  is up over the summer months, while inventory is down slightly.

Kelowna Townhome Real Estate Market Stats - November 2024

Sales in the townhome market are up considerably over this time last year, though they're down slightly over October. While pricing has been fairly consistent throughout the year, we are down in price slightly over last year and last month.

Kelowna Single Family Home Real Estate Market Stats - November 2024

With a drop in inventory, over last month we're also seeing a drop in sales volume and pricing. Listings and sales are up over this time last year.

 

If you're looking to buy or sell Kelowna real estate, contact Nyrose & Associates today! 

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