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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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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...
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...
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...
Lakeview Heights Update
As of right now there are 154 residential homes for sale, not including lakefront and not including homes on native land. There have been 78 sales so far in 9 months. This means there is approx a 17 month supply of homes on the market. (this number is 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...
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 Foreclosure Best Buys
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. Read More...
Big White Ski Resort Real Estate Market
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 Read More...
Will The Average Sale Price of a Home in Kelowna be $460,000 or $520,000 Next Year
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 Read More...
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