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KELOWNA REAL ESTATE MARKET REPORT

Stats & Updates

Nyrose & Associates are your Neighbourhood Specialists. If you’re looking to see what homes are selling for and market activity in a particular neighbourhood, visit our Neighbourhood Pages for up-to-date Kelowna Real Estate Market Neighbourhood Stats.

November 1, 2021
Kelowna Real Estate Stats - Market Update Nov 2021

Kelowna Market Trends With Kelowna Realtor Darcy Nyrose Welcome to sweater weather. That time of year in Kelowna where fall temperatures take hold and residents switch to sweaters and coats to stay warm. Generally, the real estate market follows suit with the temperatures. It cools off a bit in the fall, more in the winter […]

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October 1, 2021
Kelowna Real Estate Stats - Market Update For October 2021

Kelowna Market Trends With Kelowna Realtor Darcy Nyrose We've been telling the same story for months. Active listings are low across the board which means less choice and more competition for buyers. September brought the lowest level of inventory we've seen in the Central Okanagan in the past 10 years with 1361 total active listings. […]

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September 1, 2021
Kelowna Real Estate Stats - Market Update For August 2021

Kelowna Market Trends With Kelowna Realtor Darcy Nyrose We've been seeing a lot of out-of-town buyers in the area over the 12-18 months. So, when the Central Okanagan had Covid-19 restrictions put back, fires (and with the fires, a lot of smoke), and a provincial advisory to avoid travel to the area, we anticipated a […]

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August 1, 2021
Kelowna Real Estate Stats - Market Update For July 2021

Kelowna Market Trends With Kelowna Realtor Darcy Nyrose Watch as Darcy Nyrose discusses current Kelowna real estate market activity from July 2021, compares it to June 2021 and July 2020 as well as takes a look at what's to come in the coming months and years. What affect will the incoming development boom have on […]

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July 1, 2021
Kelowna Real Estate Stats - Market Update For June 2021

Will Kelowna Return to a Balanced Market? When comparing June 2021 to June 2020 we're still seeing the same story we've been sharing all year: listings are down, sales are up and with that - pricing is up. But, when we compare this June to this May, we're starting to see numbers shift every so […]

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June 1, 2021
Kelowna Real Estate Stats - Market Update For May 2021

Kelowna Real Estate Hot Market Continues ... This month's numbers continue to show a HOT market! It's interesting to compare May 2021 to May 2020 - last May we were seeing what we were anticipating to be a 'covid effect' - a massive slow-down in all activity as we all stayed home etc. But, what […]

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May 1, 2021
Kelowna Real Estate Stats - Market Update For April 2021

Kelowna Real Estate Hot Market Continues ... One year ago, we were 1.5 months into our 'stay-at-home' adventures and uncertainty was in the air with everything - including real estate. Earlier in 2020 we were forecasting a hot year, but then came Covid-19 and all bets were off. Except, people will always want to live […]

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April 1, 2021
Kelowna Real Estate Stats - Market Update For March 2021

Kelowna / Central Okanagan sees record high sales numbers and record low active listings ... It's the same story we've been telling - an abundance of buyers out house hunting and very low inventory. This is causing some buyers to experience what we call "buyers fatigue". Many buyers are missing out on homes over-and-over again […]

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March 1, 2021
Kelowna Real Estate Stats - Market Update For February 2021

We're seeing record low inventory combined with winter-record sales and the months of inventory available is at 2 months, which is another record low. What does this mean? It's a fantastic time to be a home seller right now - if you are selling your investment properties OR have another place to live. Buyers have […]

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