There were 189 Kelowna Home sales in the Okanagan Mainland Real Estate Board Kelowna area with an avg sale price of $451,000.00.
In 2012 at this time 207 sales at an average sales price of $439,400.00 . I predict the average sale price will jump as the year progresses and out of town buyers (possibly Alberta) come to Kelowna. Right now there are direct flights from Fort McMurray which has made our market very interesting. With more buyers from outside of Kelowna coming into town to purchase homes that will force our home prices to rise. Great time to buy??? Yes I believe it is!
As of Feb 19,2012 1,598 residential units are now listed including 491 listings over $700,000 and over 400 homes priced under $400,000. So far in 2013 there has been 101 sales in the under $400,000 range and only 16 sales over $701,000. If you are on the market and listed for over $700,000 this will explain why you have not had very many showings.
Our Valentines Contest “Pin It To Win It” was alot of fun and thank you to all our “Pinners”. The winner was Robyn Hoffman who received a stunning bouquet of Roses
Real estate in Kelowna is a poplar and if you have been waiting for the perfect time to buy, this could be the time. Maybe surprise your Valentine with a new home for next year!
If you are thinking of buying before June call ANDREW
1-877-330-5884 for the TOP 5 PICKS in your price range
we can get it to you within 24 hours
“I help people find the right home, at the right price, in the desirable Kelowna Area.”
Living in Kelowna,
Andrew Smith and Jo Ann McLellan
Smith McLellan Group
Royal LePage Kelowna
To view homes go to www.Okanaganbc.com
250-979-8066 or Toll Free 1-800-330-5883
Follow me on Twitter @smithap01