Single Family Homes
Months of Inventory tells us what about the real estate market?
What is the measure of how many months it would take for the current inventory of homes on the market to sell, given the current pace of home sales.
Months of Inventory is a good indicator of whether a particular real estate market is favoring buyers (more months) or sellers (less months).
What is the subject removal day.
Average Days on Market gives us a measure of how quickly homes are selling, which indicates a Buyers (longer days) or Sellers (short days) market.
The median sale price of a condo in August of 2014?
What is $230,250.
Months of Inventory for Single Family Homes in August of 2018?
What is 7.95 months.
Average Days On Market for a townhouse in August of 2017?
What is 44 days.
Median sale price of a condo in August 2018?
What is $328,000.
Condos do not appreciate as fast as single family homes or townhouses, but they still make gains!
Months of Inventory for Single Family Homes in August of 2017?
What is 4.9 months.
Average Days on Market for a townhouse in August of 2018?
What is 65 days.
The approximate number of condo units currently scheduled for development in Kelowna?
What is approximately 1,500 units.
Median Sale price for Single Family Homes in August 2014?
What is $470,500.
Median Sale price for Townhouses in August 2014?
What is $331,300
Number of towers being built in Kelowna North and South?
What is 11 towers.
Median Sale price for Single Family Homes in August 2018?
What is $650,000.
Median Sale price for Townhouses in August 2018?
What is $500,000
Proposed Air B&B regulation for 2019?
What is to allow for Air B&B in principal residences, but not in suites or carriage houses.