Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose
November. 1, 2024
People always ask "when will the market hit rock bottom". Well the only real way to know when we're at the bottom of the market is when we come out the other side. But, with proper guidance, you can take advantage of any market. For those who have been sitting on the fence for a while, now through the next couple of months will be a prime time to buy. There is still plenty of choice when it come to inventory, and there are some deals to be had.
Kelowna Real Estate Market By The Numbers
Kelowna Condo Real Estate Market Stats - October 2024
In the Kelowna condo category, sales volume is back up over August and September and prices have followed suit.
Kelowna Townhome Real Estate Market Stats - October 2024
Townhomes are what Darcy calls "the meat and potatoes" of the real estate market. Sales were up 52% over last month which was excellent to see; this also brought prices up.
Kelowna Single Family Home Real Estate Market Stats - October 2024
Single family home inventory in Kelowna has been pretty consistent since the spring; sales in October were up over August and September, too. With that, we saw an increase in pricing.
If you're looking to buy or sell Kelowna real estate, contact Nyrose & Associates today!
