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Kelowna Real Estate Market October Stats 2020



Overview

  • 756 total Residential sales in October

  • 2166 Active Listings

  • October Average Days on Market was 68

  • 712 New Listings in October down from 932 in September

  • It would take 2.87 months for Kelowna's entire housing inventory to sell and depleted, based on current demand if no new homes came on the market



Single Family Residential Homes

  • It would take 2.33 months for all the single-family homes to sell and be depleted, based on current demand if no new homes came on the market

  • Single-Family Sales 378

  • Current Inventory 854

  • Average Sale Price $914,341

  • Median Sale Price $764,750

Townhome Activity

  • It would take 1.97 months for all the townhomes to sell and be depleted based on current demand if no new townhomes come on the market

  • Townhome Sales 136

  • Current Inventory 261

  • Average Price $558,749

  • Median Price $489,900

Apartment/Condo

  • It would take 3.46 months for all the apartments to sell and be depleted, based on current demand if no new apartments came on the market

  • Condo/Apt Sales 165

  • Current Inventory 571

  • Average Price $372,590

  • Median Price$347,750

 

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