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Central Okanagan Real Estate Report

Brenda Ellis

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Oct 29 3 minutes read

Central Okanagan – Monthly Statistics

December 2017

Top Sale: 384 Viewcrest Court, Kelowna, V1W 4J9

This Upper Mission home was built in 2017 and sold by the builder. With over 5000 square feet of finished floor area, there is plenty of room for the 4 bedrooms and 4 bathrooms! The property is .393 of an acre

Marketed as:


Modern flow, inspired design and unobstructed lake views. This incredible home is finished to include oak hardwood flooring, in-floor radiant heat throughout the entire home, gorgeous landscaping with a pool and grassy play area and a chef inspired kitchen. Large deck spans the back side of the home allowing for a gorgeous back drop to your summer dinner parties. Main floor master is spacious and offers a perfect his and hers designed ensuite with soaker tub, large shower and walk in closet with private laundry. Lower level is bright and open. Plenty of space for the family or guests with large rec room, 3 large bedrooms, one with ensuite, and a media room. Walk out the rec room sliding doors to your own private oasis with covered patio, bbq area and fully fenced yard. Triple car garage has one bay designed for your boat and a work bench area.


Based on December 1st -  31st

Condo/Apartments

Sales

72

New Listings

84

Current Inventory

274

Number of Months

4

Sell/Inv. Ratio

26.28%

Days to Sell

51

Days – Range

5 to 216

Average Price

$324,949

Median Price

$295,000

Price - Range

$95,000  -  $639,900

Hottest Neighbourhood

Kelowna North


Condo/Townhouses

Sales

48

New Listings

50

Current Inventory

147

Number of Months

3

Sell/Inv. Ratio

32.65%

Days to Sell

62

Days – Range

14 to 391

Average Price

$479,427

Median Price

$432,000

Price - Range

$263,000  -  $2,125,000

Hottest Neighbourhood

Lower Mission


Lots & Acreages

Sales

23

New Listings

14

Current Inventory

297

Number of Months

13

Sell/Inv. Ratio

7.74%

Days to Sell

161

Days – Range

17 to 494

Average Price

$323,687

Median Price

$244,999

Price - Range

$55,000  -  $945,000

Hottest Neighbourhood

Fintry


Residential

Sales

156

New Listings

164

Current Inventory

602

Number of Months

4

Sell/Inv. Ratio

25.91%

Days to Sell

56

Days – Range

4 to 425

Average Price

$696,650

Median Price

$629,950

Price - Range

$225,000  -  $2,200,000

Hottest Neighbourhood

Glenmore


Ratio of Sales vs Inventory                 28.10%


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