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Kelowna Real Estate -June Year to Date
There are currently 2230 homes for sale in Kelowna and there were 223 sales last month. This means, if you have a home on the market you have a 1 in 10 chance of selling it next month. The average sale price last month was $528,700. This is up from $487,000 Read More...
End of January Market Update
Hats off and loud applause for all the people who have braved the cold, wind and snow to attend our open houses this January. We've certainly gotten our share of Winter this month and I just love it when people brave the elements and show up to see Read More...
Kelowna Real Estate Update....Buying In December 2011
A typical phone call in late November to any real estate agent ......."I want to take my house off the market for December and put in back on in the new year." Seems reasonable. Kids are out of school, relatives might be visiting, mom and dad Read More...
Downtown Kelowna's Best Kept Secret Shhhh!
Downtown Kelowna has changed so much in the past 15 years I have lived here..... and mostly for the better. I can not think of a nicer run than along Kelowna's downtown waterfront. Start at City Park along the lake, past the yatch club, along the Read More...
Feeling Sorry For The House-Rich Among Us
They're everywhere it seems. If you're trying to sell your home in Kelowna, and it's priced over $700,000 you might have to get comfortable with that for sale sign out in your front yard for a while. There are 435 of these homes on the market Read More...
Kelowna Townhouse Market
Let's take a moment and focus on the resiliency of the Kelowna townhouse market over the past decade before looking at the rest of the market. So far this year, there have been 213 townhouse sales in the Kelowna trading area with an average sale price Read More...
A Toast To Kelowna Real Estate....2nd Quarter Numbers Are In
The second quarter is over and done with now and there were 582 residential sales in April/May/June with an average sale price of $490,000. The 1st quarter of this year showed 450 sales with an average sale price of $478,000. Compare this to the 2nd quarter Read More...
Kelowna's Upper Mission in the Spotlight
I spent the last few days looking at homes in Kelowna's Upper Missioin area which has to be one of the nicest neighbourhoods in Canada. Great schools, little crime, people looking out for one another, jaw dropping views of the lake, luxurious houses Read More...
Kelowna Condominium Update....June 2010
Some have been asking for condo statistics for last month so here is my breakdown with explanations and predictions. Sometimes I'm even right. The facts. There are 423 townhouses and 1,103 apartments for sale right now in Kelowna. The average sale Read More...
May 2011... Almost a mirror image of last year.
HI Everyone, Jo and I trust you've all recovered from the federal election and a round and a half of hockey playoffs. The interesting MLS stat for Kelowna has to be that there have been 625 residential sales this year compared to 624 last year. Now Read More...
Kelowna Housing Update....week 15
The 15th week of the year saw Kelowna realtors sell 32 residential homes at an average sale price of $486,000 and an average market time of 86 days. The high end of the market was quiet with only two homes selling above $650,000 while the other end of Read More...
First Quarter Update...and playoff predictions
The first quarter report card is in for the Kelowna market and the results are a "B". We generated 451 sales for the quarter with the average house selling for $480,000. The same quarter in 2010 produced only 431 housing unit sales which means Read More...
March 2011 Quick Market Update
With almost a week left in the month, our market has generated the same the same number of sales, 160, as we did for the entire month of March 2010 with the average sale price remaining constant in the $450's. This is terrific news as we enter the Read More...
Strata Property Management Companies In Kelowna
My first condominium listing was in 1993 in Vancouver. I remember it was on Pacific Avenue almost underneath the Burrard street bridge and noise, exhaust fumes and lots of dirt and grime on the balcony. Dealing with the strata management company was over-the-top Read More...
Quick, short market update...Week of March 11-18
The week in Kelowna ended with 51 residential sales this week and 27 strata/condominium sales. We cracked the half million mark with a $500,061 avg sale price! High end of our market has some life to it after all and those who predicted it would take Read More...
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