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Where the buyers came from in 2017
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Royal LePage Locations West (Penticton) represented Buyers and Sellers in a total of 763 transactions in 2017. This pie chart shows where those buyers were from. The numbers for 2016 are shown in italics.

MARKET SUPPLY: Year-over-year activity - August
Here are the stats from August 1, 2017 to August 1, 2018. 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 - up to $1 million

Listings

-        362 active listings
-        Average of 66 days on market
-        Average list price - $618,845

Sales

-        722 sales since August 1, 2017
-        Average of 56 days on market, at time of sale
-        Average sale price $543,587

Currently a 6 month supply of homes priced under $1 million on the market

Single family homes - over $1 million

Listings

-        81 active listings
-        Average of 91 days on market
-        Average list price - $2,142,738

Sales

-        47 sales since August 1, 2017
-        Average of 122 days on market, at time of sale
-        Average sale price $1,465,303

Currently a 21 month supply of $1 million+ homes on the market 

Condominiums

Listings

-        94 active listings
-        Average of 77 days on the market
-        Average list price - $350,135

Sales

-        291 sales since August 1, 2017
-        Average of 56 days on market, at time of sale
-        Average sale price $288,150 

Currently a 3.9 month supply of condos on the market

Townhomes

Listings

-        43 active listings
-        Average of 80 days on the market
-        Average list price - $415,558

Sales

-        219 sales since August 1, 2017
-        Average of 65 days on market, at time of sale
-        Average sale price $337,866 

Currently a 2.4 month supply of townhomes on the market

Half Duplexes

Listings

-        45 active listings
-        Average of 107 days on the market
-        Average list price - $460,977

Sales

-        64 sales since August 1, 2017
-        Average of 51 days on market, at time of sale
-        Average sale price $432,336

Currently a 8.5 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 August 1, 2018 drawn from MLS statistics.

Our Listings

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  • Locations West Realty
  • Address:484 Main Street
  • Penticton
  • V2A 5C5
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Sold!

August 13th, 2018

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