Smith McLellan Group-Kelowna Real Estate

Time to take a moment or two and look at condominiums and how they have been selling this year.   In most areas of the country condominiums are sold to either first time buyers or last time buyers.  Here in Kelowna we also sell to Albertans and children of Albertans.  As of today, there are 1,581 active condominiums for sale in ...

There are currently 2080 residential houses for sale in Kelowna ranging in price from a low of $199,000 up to a high of $18,000,000.  If you own a high end luxury home in the Central Okanagan you might want to sit down for the rest of this. Out of the 2080 homes for sale right now, there are 766 priced over $800,000 which represents 37% of ...

There are currently 1,954 residential homes for sale in Kelowna ranging in price from $219,900 for a 2 bedroom, 2 bathroom 1,100 square foot home on Laurel in Rutland up to an asking price of  $18,000,000.  There are just over 400 homes available in the $350,000-$450,000 range which is were typical first time buyers with mortgages and ...

So far this year, through the first two months, there have been 144 residential home sales at an average sale price of $429,988.  January saw 54 residential transactions with an average sale price of $420,000 while February saw 90 homes sell at an average price of $435,000.  It's encouraging to see both the number of homes selling ...

  Here’s a quick snapshot of today’s housing market.  Fresh off the presses.  Number of Residential Single family listings                1,878 Number of Condos for ...

Here’s a quick snapshot of today’s housing market.  Fresh off the presses.  Number of Residential Single family listings                1,878 Number of Condos for ...

Jo-Ann is on her way to Edmonton this week and next for Western Canadian Swimming Championships.  Let us know if you would like to get together to discuss the Kelowna real estate market in greater detail.  Her direct phone number is 250 979 8835. The Kelowna real estate market is beginning to hum along in what has become this “new ...

There are currently  1,765 residential homes for sale in Kelowna.  This is more inventory than we are able to sustain with only 72 sales in December but December is traditionally the slowest month of any year in real estate.  There were 141 sales December 2007 which is about a 50% drop in number of homes sold month over ...

The average sale price of a residential home in the Kelowna area (Oyama to Peachland) remained steady at $464,000 for the third quarter compared to $465,000 for the same quarter in 2007. The number of actual homes selling during this period has dropped significantly from 844 homes (Q3 2007) to 442 houses this year. In simple English this means the ...