Michael A. Jones - PREC* | Royal LePage Kelowna
September stayed active across the North Okanagan. Sales and volume jumped year over year, while inventory edged higher. Detached homes moved well with flat pricing, townhomes held steady with slight softness, and condos improved in sales with mixed pricing. Buyers stay selective. Sellers …
View MoreMichael A. Jones - PREC* | Royal LePage Kelowna
August was another steady month for the Vernon & North Okanagan market. Sales and sales volume climbed strongly year over year, while inventory remained higher than last year but eased from July. Detached homes held firm with modest price growth, townhomes stayed active …
View MoreMichael A. Jones - PREC* | Royal LePage Kelowna
August data confirms a buyer-leaning market. New listings have declined for six straight months. Supply sits higher than last year, yet lower than July. Sales rose 12% year over year, but fell from last month as the fall slowdown begins. The sales-to-new-listings ratio …
View MoreMichael A. Jones - PREC* | Royal LePage Kelowna
July was an active month in the Vernon & North Okanagan area, especially compared to last summer. Sales and prices increased across most segments. Detached home prices inched up slightly month-over-month, even as days to sell grew longer. Townhomes saw faster sales but …
View MoreMichael A. Jones - PREC* | Royal LePage Kelowna
July was an interesting month, marking a slight return to overall momentum. Sales rose month-over-month, largely spurred by increased condo sales, representing a market driven by first-time buyers and people downsizing. Buyers acted despite steady rates. Inventory remains high, but well-priced homes are …
View MoreMichael A. Jones – PREC* | Royal LePage Kelowna
The June numbers for the North Okanagan — including Vernon, Coldstream, and Armstrong — show a steady, active market. Sales volumes rose modestly. Single-family demand continues to lead, while townhomes and condos show signs of cooling or adjustment.
The North Okanagan includes …View More
Michael A. Jones – PREC* | Royal LePage Kelowna
June brought a slight dip in sales activity across the Central Okanagan—but with steady prices, faster sales, and tight supply, the market remains active. Listings continue to come online, yet inventory remains below demand. Confidence holds firm, particularly in the single-family segment …
View MoreMichael A. Jones – PREC* | Royal LePage Kelowna
May brought a softer pace to the North Okanagan real estate market. Sales volume and transaction count dipped compared to last year, but prices remained stable across most categories. With inventory slowly building and days to sell improving, the market continues to …
View MoreMichael A. Jones – PREC* | Royal LePage Kelowna
The May numbers are in for Central Okanagan real estate—and they show more strength. Sales climbed again, inventory expanded, and buyer activity remained steady. Homes are selling faster and prices continue to hold. A confident tone is returning to the market.
The …View More
Michael A. Jones – PREC* | Royal LePage Kelowna
The April market stats are in for the North Okanagan, and they show a region adjusting to shifting demand. Total sales held steady year-over-year, while inventory continued to grow. Buyers remain active, but patient. Sellers who price well are seeing results—especially in …
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