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.