February Market Update

Kelowna Market update for February 2020

 
There were 36 residential sales for the week ending February 14 2020 with an average sale price of $628,000. Upper Mission and Lakeview Heights were the most active areas with 6 recorded sales each.
Year to date we have recorded 198 residential sales compared to 159 this time in 2019. It just might be a pretty good year.
Twenty apartment condominiums sold last week at an average price of $326,000. So far this year we’ve sold 105 condominiums compared to only 98 last year. All of these numbers represent a small sample size and really aren’t indicative of much other than there seems to be a little more activity at the beginning of the year compared to other years. We’re optimistic this will continue.


Thanks for reading and please share this with family or friends thinking of buying or selling

Andrew Smith - RealtorLiving in Kelowna,
Andrew Smith
Royal LePage Kelowna

1-1890 Cooper Rd, Kelowna, BC V1Y 8B7
250-979-8066 or Toll Free 1-877-330-5884
Follow me on Twitter @smithap01

For more information https://www.okanaganbc.com/ or view here Kelowna Winter Kelowna Real Estate Market