June Real Estate Statistics – Kelowna and The Central Okanagan
June :: Kelowna Real Estate Statistics – Kelowna and The Central Okanagan
June is here and with it comes fresh inventory! June was an interesting turn of events in real estate sales. If you’ve been waiting patiently on the sidelines to buy a home in Kelowna, then now is the time to start looking! Inventory has risen 113.9% from the same time as last year according to the Association of Interior REALTORS®. That’s an incredible increase of homes in great Kelowna neighbourhoods for sale. If you want to learn more about opportunities to buy or sell real estate in the Kelowna region then give us a call today. We have a list of excited buyers and sellers that we would love to match up! We look forward to hearing from you and discussing your plans to move. Get in touch!
Below is a snippet of the most recent statistics for single-family home sales, townhome sales, and condo & apartment sales. The benchmark price in Kelowna remains higher than every other neighbouring city in the North, South, and Shuswap regions. This is true of every housing type. Despite the higher price tag to live in the Central Okanagan, inventory is rising in every Interior community. This is even more indication that we are entering a buyers market. Buyers are taking a little more time than in previous months with their purchases. That means things like home inspections are back on the table. Learn more about the recent June market conditions in Kelowna and talk to us today!