Market News - October 2021
CHANGE OF SEASON
As the leaves begin to fall the seasonal market slow down has begun to show, with prices only climbing 2% from last month and median price only climbing slightly as we head into fall. Despite this, well priced homes are still seeing multiple offers and inventory continues to be low. Likely we will see the Okanagan Real Estate level out through the winter months and take off again in the spring.
+25.04%
AVERAGE PRICE
Increase for sales in 2021 from this time last year.
31
DAYS TO SELL
47% (34 days) faster than this time last year.
$875,000
MEDIAN PRICE
for a single family home in the Okanagan.
Let's Chat
Brody Mader
250-899-1455
brody@okanaganlifestylegroup.com
Suite 108 - 1289 Ellis St, Kelowna, BC V1Y 9X6
OKANAGAN RESIDENTIAL SALE
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