Central Okanagan Real Estate Market Update: January 2012 MLS Residential Report
CENTRAL Okanagan Real Estate Market Update for January, 2012 according to OMREB database statistics
Condo / Apartment |
|
Listings Sold | 40 |
New Listings | 174 |
Current Inventory | 850 |
Absorption Rate | 4.71% |
Days to Sell | 105 |
Range | 5 - 684 |
Average Price | $267,945 |
Median Price | $233,000 |
Range | $55,000 - $710,000 |
Hottest Neighbourhood | Kelowna North |
Condo / Townhouse |
|
Listings Sold | 25 |
New Listings | 105 |
Current Inventory | 429 |
Absorption Rate | 5.83% |
Days to Sell | 141 |
Range | 17 - 295 |
Average Price | $380,372 |
Median Price | $351,000 |
Range | $128,000 - 875,000 |
Hottest Neighbourhood | Glenmore |
Building Lot |
|
Listings Sold | 12 |
New Listings | 82 |
Current Inventory | 586 |
Absorption Rate | 2.05% |
Days to Sell | 252 |
Range | 76 - 346 |
Average Price | $171,683 |
Median Price | $171,200 |
Range | $63,000 - $254,500 |
Hottest Neighbourhood | Shannon Lake |
Residential |
|
Listings Sold | 102 |
New Listings | 386 |
Current Inventory | 1261 |
Absorption Rate | 8.09% |
Days to Sell | 102 |
Range | 1-645 |
Average Price | $415,358 |
Median Price | $403,600 |
Range | $175,000 - $1,100,000 |
Hottest Neighbourhood | Lakeview Heights |
Overall Sales vs Inventory = 5.73%
Check out our NEW online Resource for the Okanagan Shuswap Real Estate Stats and Trends
Brell
Real Estate Market Consultant & Marketing Specialist
2749 30 Street, Vernon, BC, V1T 5C6
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