Okanagan Real Estate Market Statistics – October 2018

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in October 2018.

Central Okanagan: Kelowna and Lake Country

There were 173 sales, 1,114 active listings, and a $667,490 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 58.

The condo market featured 110 sales and 499 active listings at the end of the month. The average sale price was $348,401 with 62 average days on market.

Townhome sales were 55, active listings were 378, average sale price was $502,549, and the average days on market were 54.

It’s a buyer’s market for homes & townhomes.

MarketHotSheet_October_2018_CentralOkanagan

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North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – October 2018

Here are the latest real estate market statistics from Macdonald Realty on North Delta, Surrey, White Rock, Langley, and Fraser Valley listings and sales in October 2018.

North Delta

In the North Delta market, the benchmark sale price was $921,400 for detached homes. At the end of the month, there were 196 active listings and 30 sales.

The condo market had 6 sales and 33 active listings. The benchmark sale price was $418,400.

Townhomes featured 5 sales, 22 active listings and a $569,600 benchmark sale price.

It’s a buyer’s market for homes.

MarketHotSheet_October_2018_NorthDelta

 

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Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – October 2018

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in October 2018.

Greater Victoria

In October 2018, there were 244 sales of single family homes and 885 active listings in Greater Victoria. The benchmark sale price was $765,300 with an average days on market of 40. The hottest market for sales was Saanich East with 47 sales. There were also 14 sales and 147 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 180 sales and 405 active listings at the end of the month. The benchmark sale price was $495,600 with an average days on market of 33. The hottest market for sales was Victoria, 63 sales.

Townhome sales were 70, active listings were 211 and the benchmark sale price was $588,900. The average days on market were 52, and the hottest market was Langford with 13 sales.

It’s a seller’s market in Greater Victoria.

MarketHotSheet_October_2018_Victoria

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