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Where the Buyers came from in 2018
Based on sales through Royal LePage Locations West last year, this is where buyers came from:

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TODAY'S STATS

MARKET SUPPLY: Year-over-year activity - February 2019
Here are the stats from February 1, 2018 to February 1, 2019. 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

-        281 active listings
-        Average of 110 days on market
-        Average list price - $604,434

Sales

-        594 sales since February 1, 2018
-        Average of 62 days on market, at time of sale
-        Average sale price $541,333

Currently a 5.7 month supply of homes priced under $1 million on the market

Single family homes - over $1 million

Listings

-        47 active listings
-        Average of 123 days on market
-        Average list price - $1,971,722

Sales

-        35 sales since February 1, 2018
-        Average of 92 days on market, at time of sale
-        Average sale price $1,487,800

Currently a 16 month supply of $1 million+ homes on the market 

Condominiums

Listings

-        142 active listings
-        Average of 121 days on the market
-        Average list price - $421,653

Sales

-        250 sales since February 1, 2018
-        Average of 57 days on market, at time of sale
-        Average sale price $297,687 

Currently a 6.8 month supply of condos on the market

Townhomes

Listings

-        50 active listings
-        Average of 118 days on the market
-        Average list price - $438,169

Sales

-        162 sales since January 15, 2018
-        Average of 69 days on market, at time of sale
-        Average sale price $333,614 

Currently a 3.7 month supply of townhomes on the market

Half Duplexes

Listings

-        42 active listings
-        Average of 196 days on the market
-        Average list price - $471,795

Sales

-        65 sales since February 1, 2018
-        Average of 58 days on market, at time of sale
-        Average sale price $421,325

Currently a 7.8 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 February 1, 2019 drawn from MLS statistics.

Our Listings

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  • Locations West Realty
  • Address:484 Main Street
  • Penticton
  • V2A 5C5
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Our Blog

Open House!

February 8th, 2019

Click here to read more detail about 'Open House!'