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Kelowna February Market Statistics

February Stats

See the homes that have sold in the last 30 days by clicking the links at the bottom of the email.

  • 292 Residential sales down 20% from 2018 of 367

  • 776 New Listings taken.2,860 total listings (up 36% from 2018, up 4% from January).

  • Median home sale price $619,000 down from $642,500 in January (down 2.4% from 2018)

  • Median apartment style condo sale price $322,000 (down 2.86% from 2018)

  • Median Townhouse sale price $450,000 (down 3.64% from 2018)

  • 118 Residential Home sales, 298 new listings with the current inventory at 863. On average spending 69 days on the market.

  • 80 Apartment Condo sales in February, 174 new listings with the current inventory at 505. On average spending 78 days on the market.

  • 38 Townhouse Sales, 111 new listings with a current inventory of 366. On average spending 65 days on the market.

Take a look at the links at the bottom of the email that will show you all the sold homes for each individual region.

Spring is on its way

If you haven't already now would be a good time to move snow away from your foundation to help avoid water getting into your basement. You should be inspecting your roof by looking for soft spots and inspecting flashings and roof vents for cracks and anything that appears to be abnormal. To catch leaks early also look in your attic to help determine if there are any signs of water getting in. It is an important time of year to see where and if any fixes need to be completed on your home before the Okanagan heat comes. Here is a checklist I like to use. Keep up to date in real-time with information as it is happening by liking and following my facebook business page by clicking here.

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