How much have house prices increased so far in Kelowna Real Estate Market 2021?
Home prices have increased in Kelowna's real estate market over the last few months. Where do the average home prices stand so far for 2021 and how have they changed from past years?
The graphic above goes over each area where the average house prices are at so far for 2021. But looking back at the previous 2 years and comparing to where we are at now Kelowna's real estate market has seen some significant house price changes. Take a look at the chart below and see how your area has changed in price in the last few months. The 2-year average sale prices include up until April of 2021 so will be higher than if I just used to December 2020.
Sub Area Jan 2019 to April 2021 Jan 2021 to May 2021 Change
MCKY
McKinley Landing $1,240,334 $1,289,905 $49,571
CRFD -
Crawford Estates $1,184,202 $1,295,645 $111,443
WLD - Wilden $1,163,952 $1,476,059 $312,107
LCSW -
Lake Country South West $1,138,538 $1,436,299 $297,761
UM -
Upper Mission $1,120,120 $1,353,670 $233,550
KTVY -
Kettle Valley $1,080,211 $1,269,997 $189,786
WSR - Westside Road $1,075,715 $1,515,218 $439,503
LM - Lower Mission $1,069,527 $1,184,753 $115,226
LCNW -
Lake Country North West $1,061,308 $1,171,255 $109,947
SE - South East Kelowna $1,042,291 $1,408,829 $366,534
LH - Lakeview Heights $1,013,066 $1,312,302 $299,236
BW - Big White $917,553 $1,030,500 $112,947
DM - Dilworth Mountain $896,028 $1,004,175 $108,147
BL - Black Mountain $873,975 $1,074,684 $200,709
JR - Joe Rich $867,465 $1,130,735 $263,270
GL - Glenmore $854,838 $1,032,675 $177,837
EL - Ellison $833,164 $887,092 $53,928
UD - University District $832,454 $940,175 $107,721
KS - Kelowna South $829,752 $934,581 $104,829
LE -
Lake Country East / Oyama $819,899 $1,074,858 $254,959
KN - Kelowna North $811,456 $928,074 $116,618
PE - Peachland $774,828 $937,336 $162,508
SHLK - Shannon Lake $761,548 $903,616 $142,068
NG - North Glenmore $759,488 $857,831 $98,343
WKE -
West Kelowna Estates $757,281 $888,551 $131,270
SMCR - Smith Creek $720,304 $881,788 $161,484
WEC - Westbank Centre $651,307 $763,093 $111,786
RN - Rutland North $617,900 $742,683 $124,783
Average Change Per Neighbourhood $177,067