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Smith McLellan Group Kelowna BC Real Estate

Kelowna Real Estate updates, Kelowna Market Updates, New Kelowna Projects

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Kelowna Housing Update....No Need To Sit Down
I always make sure I'm sitting down before analyzing January home stats but this year we're showing early signs of optimism. There were 455 residential sales during the first quarter of 2011 with an average sale price of $486,000. The fourth quarter Read More...
Kelowna South (Hospital Area)....coolest place on earth.
Okay, maybe that's a little too much hyperbole for anyone's taste but it's my favourite part of Kelowna especially during the Summer. Kelowna South is once again proving to be one of the hottest real estate areas in Kelowna. The fourth quarter Read More...
Fourth Quarter Kelowna Condominium Updata
The condominium market had a strong 4th quarter registering 154 sales of apartment condominiums at an average sale price of $245,000. This is a significant increase from the previous year's 4th quarter when there were only 114 condo sales at an averages 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...
Selling a Home in December....Why it's the best time of year.
A typical phone call in late November to any real estate agent.... "I want to take our home off the market for December to give it a rest. We'll put it back on in the new year". Seems reasonable. Kids are out of school, relatives might be Read More...
Rutland, Glenrosa and Glenmore
There are 1,828 residential houses on the market right now including 456 priced under $400,000 and 331 priced over $1,000,000. I know I spend too much time writing about the plight of million dollar sellers in this town but it seems like it was just yesterday Read More...
November Real Estate Update
I realize I'm a day early here and we still have 23 hours left to sell houses this month but I wanted to get a head start getting October stats out before everyone else in this industry....to heck with accuracy this month. October was an odd month. Read More...
Kelowna Real Estate Market Update--October 2011
Over-all , there has been 171 residential sales this September in the Kelowna Real Estate market with an average residence selling for $537,000 . September of 2010 witnessed 139 sales with the common sale amount of $510,000. Glad to see the total number 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...
Rutland Homes With Suites
Rutland has to be the most undervalued and most under appreciated part of Kelowna and I've never understood why. It's centrally located close to shopping, transportation, hockey rinks and a completely refurbished Kelowna Family YMCA. Crime is Read More...
Kelowna Townhouses In The Spotlight
Buying a townhouse in Kelowna might be considered one of the safest real estate investments our city has to offer. So far this year there have been 209 townhouse sales with an average sale price of $349,000. Five years ago the average sale price was $280,000 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...
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