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Central Okanagan Residential Real Estate Statistics October, 2017

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 24 2 minutes read

Information in this post is based on MLS® listing activities reported October 1- October 31, 2017.

Condo/Apartments

Sales

117

New Listings

162

Current Inventory

330

Number of Months

3

Sell/Inv. Ratio

35.45%

Days to Sell

65

Days – Range

7 to 504

Average Price

$318,812

Median Price

$301,000

Price - Range

$41,000  -  $1,569,900

Hottest Neighbourhood

Kelowna North


Condo/Townhouses

Sales

75

New Listings

85

Current Inventory

196

Number of Months

3

Sell/Inv. Ratio

38.27%

Days to Sell

58

Days – Range

8 to 168

Average Price

$454,451

Median Price

$440,000

Price - Range

$197,500  -  $876,000

Hottest Neighbourhood

Lower Mission


Lots & Acreages

Sales

71

New Listings

94

Current Inventory

342

Number of Months

5

Sell/Inv. Ratio

20.76%

Days to Sell

99

Days – Range

4 to 940

Average Price

$344,068

Median Price

$202,900

Price - Range

$75,000  -  $5,550,000

Hottest Neighbourhood

Lake Country South West

Residential Homes

Sales

220

New Listings

333

Current Inventory

866

Number of Months

4

Sell/Inv. Ratio

25.40%

Days to Sell

54

Days – Range

6 to 434

Average Price

$672,434

Median Price

$634,000

Price - Range

$165,000  -  $6,400,000

Hottest Neighbourhood

Rutland North


Ratio of Sales vs Inventory                 29.15%


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