A CLUE to the Central Okanagan Real Estate Market: August 2011 Market Update MLS Statistics
CENTRAL Okanagan Real Estate Market Update for August 2011
Condo / Apartment |
|
Listings Sold | 63 |
New Listings | 151 |
Current Inventory | 934 |
Absorption Rate | 6.75% |
Days to Sell | 117 |
Range | -4 to 449 |
Average Price | $243,307 |
Median Price | $237,000 |
Range | $51,360 - $995,000 |
Hottest Neighbourhood | Kelowna North |
Condo / Townhouse |
|
Listings Sold | 39 |
New Listings | 98 |
Current Inventory | 546 |
Absorption Rate | 7.14% |
Days to Sell | 118 |
Range | 18 - 392 |
Average Price | $355,573 |
Median Price | $350,000 |
Range | $150,893 - $1,025,000 |
Hottest Neighbourhood | Westbank Centre |
Building Lot |
|
Listings Sold | 17 |
New Listings | 50 |
Current Inventory | 117 |
Absorption Rate | 14.53% |
Days to Sell | 167 |
Range | 15 - 501 |
Average Price | $241,294 |
Median Price | $189,900 |
Range | $39,000 - $565,200 |
Hottest Neighbourhood | Assorted |
Residential |
|
Listings Sold | 132 |
New Listings | 357 |
Current Inventory | 1709 |
Absorption Rate | 7.72% |
Days to Sell | 85 |
Range | 7 - 706 |
Average Price | $470,138 |
Median Price | $431,935 |
Range | $153,000 - $2,225,000 |
Hottest Neighbourhood | Glenmore |
Overall Residential Sales vs Inventory = 7.59%
Brell - Your Okanagan Real Estate Umbrella
Brenda Ellis
REALTOR®
Sutton Group - Lakefront Realty
2749 30 Street, Vernon, BC, V1T 5C6
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