2009 real estate activity for Kelowna and surrounding areas

2009 sale activity edged up 5.5% above 2008 in Kelowna and surrounding area. Single family residences and strata gained more sales than mobile homes and lots & acreages.

% SALE ACTIVITY IN 2009 VERSUS 2008
+10.5% Single family residences
+8.5% Strata
-30.8% Mobile homes
-18.9% Lots & acreages

SINGLE FAMIY RESIDENCE Sale #'s AREA (median price)

6 Beaverdell/Carmin ($176,000)
90 Black Mountain ($448,000)
6 Big White ($373,500)
40 Carr's Landing ($526,000)
56 Dilworth Mountain ($562,500)
46 Ellison ($387,250)
17 Fintry ($307,000)
106 Glenrosa ($356,500)
123 Glenmore ($405,250)
13 Joe Ritche ($499,000)
70 Kelowna North ($335,000)
117 Kelowna South ($385,000)
70 Lake Country East/Oyama ($383,000)
123 Lakeview Heights ($478,500)
129 Lower Mission ($470,500)
50 Lake Country West ($453,625)
102 North Glenmore ($425,000)
65 Peachland ($420,000)
169 Rutland North ($365,000)
118 Rutland South ($360,000)
48 Southeast Kelowna ($534,500)
120 Shannon Lake/Smith Creek ($449,500)
49 Springfield/Spall ($284,000)
26 University District ($529,000)
217 Upper Mission ($570,000)
71 Westbank ($354,000)
97 West Kelowna ($445,000)
10 Westside ($557,500)


STRATA Sale #'s AREA (median price)

0 Beaverdell/Carmin ($)
8 Black Mountain ($309,000)
82 Big White ($278,500)
30 Carr's Landing ($249,950)
33 Dilworth Mountain ($435,000)
0 Ellison ($)
0 Fintry ($)
0 Glenrosa ($)
52 Glenmore ($233,750)
1 Joe Ritche ($167,000)
110 Kelowna North ($287,000)
108 Kelowna South ($256,500)
36 Lake Country East/Oyama ($260,400)
11 Lakeview Heights ($350,000)
174 Lower Mission ($261,500)
6 Lake Country West ($370,000)
124 North Glenmore ($298,000)
16 Peachland ($398,500)
141 Rutland North ($225,000)
46 Rutland South ($245,450)
7 Southeast Kelowna ($430,000)
32 Shannon Lake/Smith Creek ($375,950)
174 Springfield/Spall ($290,000)
24 University District ($220,000)
24 Upper Mission ($447,000)
34 Westbank ($369,950)
89 West Kelowna ($290,000)
11 Westside ($335,000)
Strata total sale activity numbers were second to single family residential; 1,350 and 2,158 respectively. Strata includes condominiums and townhomes style of living.

LOT & ACREAGE Sale #'s AREA (median price)

11 Beaverdell/Carmin ($199,000)
2 Black Mountain ($247,500)
1 Big White ($110,000)
11 Carr's Landing ($176,500)
1 Dilworth Mountain ($300,000)
1 Ellison ($343,500)
14 Fintry ($85,000)
0 Glenrosa ($)
7 Glenmore ($280,000)
3 Joe Ritche ($264,500)
0 Kelowna North ($)
2 Kelowna South ($299,500)
5 Lake Country East/Oyama ($275,000)
6 Lakeview Heights ($249,312)
4 Lower Mission ($254,400)
3 Lake Country West ($145,000)
0 North Glenmore ($)
6 Peachland ($225,000)
0 Rutland North ($)
1 Rutland South ($180,000)
9 Southeast Kelowna ($230,000)
4 Shannon Lake/Smith Creek ($171,450)
0 Springfield/Spall ($)
3 University District ($220,000)
24 Upper Mission ($235,750)
0 Westbank ($)
7 West Kelowna ($245,000)
1 Westside ($728,700)


MOBILE HOME sale #'s AREA (median price)

0 Beaverdell/Carmin ($)
0 Black Mountain ($)
0 Big White ($)
0 Carr's Landing ($)
0 Dilworth Mountain ($)
2 Ellison ($77,500)
0 Fintry ($)
0 Glenrosa ($)
0 Glenmore ($)
0 Joe Ritche ($)
0 Kelowna North ($)
1 Kelowna South ($245,000)
26 Lake Country East/Oyama ($116,000)
24 Lakeview Heights ($67,750)
17 Lower Mission ($63,000)
1 Lake Country West ($44,000)
0 North Glenmore ($)
3 Peachland ($88,900)
5 Rutland North ($65,000)
0 Rutland South ($)
12 Southeast Kelowna ($69,000)
21 Shannon Lake/Smith Creek ($160,000)
1 Springfield/Spall ($65,000)
0 University District ($)
3 Upper Mission ($138,000)
46 Westbank ($70,500)
8 West Kelowna ($127,450)
1 Westside ($130,000)
Mobile home sale activity is a very small percentage of Kelowna and area real estate selling market - 4.5% in contrast to single family dwelling's 56.5% and strata dwelling's 35.5%.


Median price is the middle value of a set of values whereas the average price is the arithmetic average, computed by adding up a collection of numbers and dividing by their count.

City of Kelowna includes Black Mountain, Dilworth Mountain, Ellison, Glenmore, Joe Riche, Kelowna North, Kelowna South, Lower Mission, North Glenmore, Rutland North, Rutland South, Southeast Kelowna, Springfield/Spall, University District and Upper Mission.

Is now the right time to buy or sell Kelowna real estate? Buyers or Sellers with a good sense of timing are buying and selling now. With mortgage rates still historically low, and great values being offered and received, why wait?

Contact June to make it happen: june@juneconway.com OR 250.317.3136