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Where 2016's buyers came from2016 pie char 400t.jpg

Here are the stats from September 6, 2016 to September 6, 2017. The sales within each category have been averaged over a 12-month period. Those sales averages, compared to the current number of listings, have been used to calculate the market supply in each category.

Single family homes

Listings

-        362 active listings

-        Average of 71 days on market

-        Average list price - $968,290

Sales

-        845 sales since September 6, 2016

-        Average of 58 days on market, at time of sale

-        Average sale price $548,716 (Average sale price in 2016 - $481,977, a 13.85% increase)

Currently a 5.14 month supply of homes on the market

Condominiums

Listings

-        92 active listings

-        Average of 70 days on the market

-        Average list price - $297,659

Sales

-        334 sales since September 6, 2016

-        Average of 56 days on market, at time of sale

-        Average sale price $264,224 (Average sale price in 2016 - $250,637, a 5.42% increase)

Currently a 3.3 month supply of condos on the market

Townhomes

Listings

-        67 active listings

-        Average of 66 days on the market

-        Average list price - $372,117

Sales

-        265 sales since September 6, 2016

-        Average of 63 days on market, at time of sale

-        Average sale price $319,360 (Average sale price in 2016 - $281,581, a 13.42% increase)

Currently a 3 month supply of townhomes on the market

Half Duplexes

Listings

-        17 active listings

-        Average of 48 days on the market

-        Average list price - $455,864

Sales

-        88 sales since September 6, 2016

-        Average of 69 days on market, at time of sale

-        Average sale price $417,798 (Average sale price in 2016 - $326,563, a 27.94% increase)

Currently a 2.3 month supply of half duplexes on the market

 

*This information is based on the following areas: Penticton (including Apex), Summerland, Naramata, Kaleden and Okanagan Falls. Data up to September 6, 2017 drawn from MLS statistics.

Our Listings

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  • Locations West Realty
  • Address:484 Main Street
  • Penticton
  • V2A 5C5
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#101 2401 South Main Street, Penticton, BC

September 8th, 2017

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Impressive floorpla...
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Sold!

September 8th, 2017

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