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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 - May 2019
Here are the stats from May 7, 2018 to May 7, 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

-        463 active listings
-        Average of 74 days on market
-        Average list price - $600,022

Sales

-        572 sales since May 7, 2018
-        Average of 68 days on market, at time of sale
-        Average sale price $543,778

Currently a 9.7 month supply of homes priced under $1 million on the market

Single family homes - over $1 million

Listings

-        89 active listings
-        Average of 87 days on market
-        Average list price - $2,095,056

Sales

-        30 sales since May 7, 2018
-        Average of 86 days on market, at time of sale
-        Average sale price $1,516,933

Currently a 35.6 month supply of $1 million+ homes on the market 

Condominiums

Listings

-        160 active listings
-        Average of 107 days on the market
-        Average list price - $417,303

Sales

-        233 sales since May 7, 2018
-        Average of 61 days on market, at time of sale
-        Average sale price $293,782 

Currently an 8.2 month supply of condos on the market

Townhomes

Listings

-        80 active listings
-        Average of 76 days on the market
-        Average list price - $422,051

Sales

-        139 sales since May 7, 2018
-        Average of 70 days on market, at time of sale
-        Average sale price $342,967

Currently a 6.9 month supply of townhomes on the market

Half Duplexes

Listings

-        35 active listings
-        Average of 120 days on the market
-        Average list price - $474,797

Sales

-        63 sales since May 7, 2018
-        Average of 90 days on market, at time of sale
-        Average sale price $413,787

Currently a 6.7 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 May 7, 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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May 21st, 2019

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