Housing Statistics and Market Trends...
South Okanagan Real Estate Statistics...
The South Okanagan Real
Estate Board (SOREB) reports that MLS® sales decreased by 19% to
220
units sold in April 2008 compared to 273 sold during the same
period in 2007.
Total active listings
numbering 2,230 for April increased by 32% from last April’s
1,683 active listings.
SOUTH OKANAGAN HOME SALES COMPARISON BY LOCATION
| Unit Sales 04/08 | Unit Sales 04/07 | |
| Naramata | 2 | 5 |
| Summerland | 17 | 32 |
| Keremeos | 21 | 14 |
| Oliver | 25 | 34 |
| Penticton | 103 | 115 |
| Kaleden/Ok Falls | 8 | 14 |
| Princeton | 15 | 22 |
| Osoyoos | 25 | 33 |
AVERAGE SELLING PRICE OF A SINGLE FAMILY RESIDENTIAL HOME
|
Current Month |
Year To Date |
|
|
Naramata |
$440,400 |
$477,700 |
|
Summerland |
$466,708 |
$460,863 |
|
Keremeos |
$239,214 |
$243,430 |
|
Oliver |
$371,589 |
$353,739 |
|
Penticton |
$395,694 |
$405,954 |
|
Kaleden/OK Falls |
$476,500 |
$590,659 |
|
Princeton |
$248,400 |
$313,430 |
|
Osoyoos |
$427,227 |
$401,119 |
|
Whole SOREB Board area |
$380,918 |
$405,716 |
Data is from The South
Okanagan Real Estate Board
which serves clients in the South
Okanagan/Similkameen area.