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Central Okanagan Real Estate Report
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:
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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%