Central Okanagan Real Estate Stats 2012

Housing Market, Rental Listings, Stats & Advice
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Re: Central Okanagan Real Estate Stats 2012 - November

Post by admin » Mon Dec 31, 2012 12:14 pm

November

Condo/Apt
Sales 45
New Listings 101
Average Price $240,178
Median Price $160,000

Condo/Townhouse
Sales 36
New Listings 61
Average Price $329,635
Median Price $331,793

Lots
Sales 14
New Listings 63
Average Price $211,379
Median Price $151,450

Residential
Sales 140
New Listings 219
Average Price $470,578
Median Price $419,500


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Re: Central Okanagan Real Estate Stats 2012 - December

Post by admin » Tue Jan 29, 2013 12:11 pm

Excerpts pertaining to the Central Okanagan, taken from the January 4, 2013 Media Release from Okanagan Mainline Real Estate Board (OMREB):


Okanagan‐Shuswap Housing Market Stable at Year‐End

Kelowna, BC – The Okanagan Mainline Real Estate Board (OMREB) reported December 2012
sales activity of all MLS® property types is down marginally over the same month last year but
has increased year-to-date compared to 2011, ending the year on a stable note.

Board‐wide (Peachland to Revelstoke): Overall sales in OMREB’s Board area slipped 5.7% during the
month of December to 279 units compared to 296 in 2011. Year-to-date (January through December),
overall sales Board‐wide improved 7.1% during 2012 compared to last year – rising to 6,095 units valued
at $2.2 billion from 5,689 at $2.1 billion. While inventory in December was the same as this time last
year at 6,870 units, the 552 new listings taken for the month dropped 19.5% from 686 in 2011.

Central Zone (Peachland to Lake Country): During December, overall sales in the Central Zone rose
3.3% compared to the same month last year but sales volumes declined 6.4% to 190 units valued at $72.3
million from 184 at $77.3 million in 2011.

Total residential sales for the month were down 1.2% but sales volumes were down 10.5% compared to 2011
to 164 units at $64.2 million from 166 at $71.8 million last December. While single family home sales in
December slipped 16.7% to 80 units from 96 in 2011, townhouse sales jumped 47.6% to 31 from 21 last year.

To read full release please visit their link:
http://www.omreb.com/files/12%20-%20OMR ... elease.pdf


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Re: Central Okanagan Real Estate Stats 2012 - December

Post by admin » Tue Jan 29, 2013 12:15 pm

December

Condo/Apt
Sales 37
New Listings 75
Average Price $197,464
Median Price $184,000

Condo/Townhouse
Sales 31
New Listings 42
Average Price $326,723
Median Price $293,000

Lots
Sales 12
New Listings 26
Average Price $313,204
Median Price $235,000

Residential
Sales 80
New Listings 149
Average Price $464,283
Median Price $425,150


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