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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.

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

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 […]

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January 1, 2021
Kelowna Real Estate Stats - Market Update For Dec. 2020

December 2020 saw the most homes sold for a December in the past 10 years. That tells us people are BUYING! Meanwhile, December 2020 saw the lowest number of listing inventory for a December in the past 10 years. If you're buying, you have to be ready to act fast as many listings are going […]

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December 1, 2020
Kelowna Real Estate Stats - November 2020

Kelowna Real Estate Market Update - Here's What Happened in November 2020 What a year it's been! When the global pandemic first began to shut down businesses and keep people close to home, nobody really knew what to expect. Many thought that real estate, like most other industries, would slow down. Here in Kelowna, it […]

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November 2, 2020
Kelowna Real Estate Stats - October 2020

Kelowna Real Estate Market Update - Here's What Happened in October 2020 Wow! Once again, the real estate market is HOT. Listing inventory is down (over last month and last year) and prices are up substantially over last year, though holding fairly steady to September 2020. And, the number of sales happening isn't typical of […]

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October 1, 2020
Kelowna Real Estate Market Stats - Sept 2020

Here's What Happened in September 2020 For the past couple of months we've been commenting that the Kelowna real estate market is HOT. September was no different. In the Central Okanagan there were 792 Sales in September. In the past 5 years, the only time we've seen more than that was back in May and […]

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