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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
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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
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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
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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
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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
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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
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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.
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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
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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
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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
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There were 75 foreclosure sales in Kelowna for the years 2004 through 2008. No news there really unless you were personally involved but what has to be an alarming statistic is that there have been 77 already this year and we're still in the 2nd quarter.
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What a wonderful place to spend a day, weekend or family vacation. Big White has world class skiing with, great restaurants, 100% ski in/out accommodation and is only about 45 minutes from Kelowna. The real estate market up there has gone through what
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The Kelowna residential real estate market has been known to change quickly but over time, like most places, it increases and proves to be a sensible investment. Let's look closely at the average sale price of homes sold in May in Kelowna... Year
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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
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Where to begin this month.... There are 2,171 single family homes on the market right now and there were 193 sales in May. This means there is over 11 months of inventory on the market right now making this a buyers' market. No news here as this has
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