Kelowna Real Estate & Properties
211-1433 St Paul St V1Y2E4 Kelowna, BC, Canada

#kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #vernon #okanaganvalley #westkelowna #vernonbc

Local Residential Real Estate Market Demand Showing No Sign of Cooling KELOWNA, B.C. December 2nd, 2020. Residential sales for November across the region of Revelstoke to Peachland beat out November 2019’s sales by 71%, while clocking in 15% less over October’s 1,062, reports the Okanagan Mainline Real Estate Board (OMREB). New residential listings fell from 1,057 last month to 768 new listings yet surpassed last year’s 730 new listings by 5%. The supply of homes for sale,... or overall active listings, is still struggling to meet the high demand dropping 19% compared to October’s inventory of 2,787 and 30% lower than November 2019’s active listings. We continue to see high residential housing demand despite a mild seasonal slowdown generally seen during this time of year, says OMREB President Kim Heizmann, adding that it’s typical for market conditions to cool as the weather cools, yet that, much like everything else this year, hasn’t happened. Looking at the numbers we can see that consumer demand is not being met due to record low listings, which creates upward pressure on pricing. Essentially, the demand is so high that it is difficult for inventory to build up. The average number of days to sell a home, always a good barometer to watch, went up 7% to 88 days in November. It is important to note that OMREB reports on all market statistics for the entire Board region and that the indicators will vary depending on home type and sub- region. #kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #vernon #okanaganvalley #westkelowna #vernonbc #realestate #investmentproperty #investment #dreamhome #forsale #kelownahomes #homesforsale #kelownarealestate #kelownarealtor #kelownarealestate #okanaganrealestate

Views of Downtown Kelowna - - #kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #okanaganvalley #westkelowna

Housing Market Snapshot for OCTOBER 2020 *Based on data recorded over Canadian MLS Systems. All Percentage changes are year-over-year comparisons. - - -... #kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #vernon #okanaganvalley #westkelowna #vernonbc #realestate #investmentproperty #investment #dreamhome #forsale #kelownahomes #homesforsale #kelownarealestate #kelownarealtor #kelownarealestate #okanaganrealestate

Q3 2020 Report Okanagan real estate market continues to achieve historical highs in the middle of a pandemic driven recession. There were 3,322 residential sales in the 3rd quarter of 2020, a 56.1% increase compared to the same time period as last year. Sales topped $2.1 billion in Q3 2020, the largest quarter on record. With another quarter still left in 2020, the current value of transactions are closing in on the total recorded for 2019. Contact me for more information and... details. - #kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #vernon #okanaganvalley #westkelowna #vernonbc #realestate #investmentproperty #investment #dreamhome #forsale #kelownahomes #homesforsale #kelownarealestate #kelownarealtor #kelownarealestate #okanaganrealestate

Views of the Okanagan Lake from Arrowleaf - - #kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #vernon #okanaganvalley #westkelowna #vernonbc

Local Residential Real Estate Market Seeing High Demand Into Fall, KELOWNA, B.C. October 2nd, 2020. - Residential sales for September saw a 12% uptick to 1,159 compared to August’s 1,034 total units sold across the region of Revelstoke to Peachland. September residential sales also surpassed last year’s sales by 78%, reports the Okanagan Mainline Real Estate Board (OMREB). New residential listings saw some improvement over last month’s 1,237 totaling 1,269 new listings. Th...e overall number of active listings decreased 11% over August’s inventory of 3,658 and came in 22% lower than September 2019’s active listings. Unusual market activity seems to be the theme this year, although not surprising considering there is nothing normal about 2020, says OMREB President Kim Heizmann, adding that the pandemic has definitely made people look at things differently. We are seeing higher demand likely due to post-quarantine lifestyle changes. The average number of days to sell a home, always a good barometer to watch, barely nudged over August’s 89 days, coming in at 90 days. - #kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #vernon #okanaganvalley #westkelowna #vernonbc #realestate #investmentproperty #investment #dreamhome #forsale #kelownahomes #homesforsale #kelownarealestate #kelownarealtor #kelownarealestate #okanaganrealestate

Housing Market Snapshot for AUGUST 2020 *Based on data recorded over Canadian MLS Systems. All Percentage changes are year-over-year comparisons. - - -... #kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #vernon #okanaganvalley #westkelowna #vernonbc #realestate #investmentproperty #investment #dreamhome #forsale #kelownahomes #homesforsale #kelownarealestate #kelownarealtor #kelownarealestate #okanaganrealestate

Kentucky Alleyne Provincial park, short drive from Kelowna. - - -... #kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #vernon #okanaganvalley #westkelowna #vernonbc #realestate #investmentproperty #investment #dreamhome #forsale #kelownahomes #homesforsale #kelownarealestate #kelownarealtor #kelownarealestate #okanaganrealestate #merritbc #kentuckyalleyne

Housing Market Snapshot for JULY 2020 *Based on data recorded over Canadian MLS Systems. All Percentage changes are year-over-year comparisons. - - -... #kelownaliving #kelownanow #okanagan #kelownabc #okanaganvalley #ylw #kelowna #okanaganlifestyle #okanganlake #westkelowna #britishcolumbia #lakecountry #vernon #okanaganvalley #westkelowna #vernonbc #realestate #investmentproperty #investment #dreamhome #forsale #kelownahomes #homesforsale #kelownarealestate #kelownarealtor #kelownarealestate #okanaganrealestate