December Real Estate Market Statistics – Kelowna
December real estate market summary statistics show the real estate market in Kelowna is holding strong with low inventory and record-high prices!
The December real estate market in Kelowna brought forward some interesting sales data for the last month of the year in Central Okanagan! Check out the latest data for real estate sales in Kelowna for the end of 2021.
Quick notes and highlights are listed below, we encourage you to reach out if you have questions about listing your home for sale in 2022! Inventory is low and we are still in a seller’s market here in Kelowna!
- Real estate inventory remains at a low in Kelowna and across the Central Okanagan. Inventory saw a drop of 37.6% compared to last year!
- The number of days required to sell your single-family home in Kelowna has also decreased, with the average taking 36 days to complete.
- The benchmark price to sell your home has climbed north of 1m once again – a single-family home will set you back $1,004,900.00!
Get in touch with Neufeld Jones as our real estate team would be happy to list your home in Kelowna for sale. The market couldn’t be better if you’re a seller. Neufeld Jones is the best real estate team in Kelowna with an ever-growing list of qualified buyers looking for homes to purchase in the Kelowna area. Get in touch with us today and let’s chat!
If you’re moving to Kelowna and looking for schools for your children in the Mission area then don’t miss our guide to schools in the Mission here!
December’s Central Okanagan & Real Estate Inventory in Kelowna, Sales, Days to Sell, and Benchmark Price –