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Advantageous Market Conditions
Posted in June's Kelowna Real Estate Blog on June 14, 2012
Ultra low interest rates and Kelowna's current ample housing supply are advantageous market conditions for Buyers!
Since 2002 the past month had the highest May active listings totals, the second lowest for sale totals and third highest for Kelowna single family residential median sale price.
MONTH of MAY historic number of ACTIVE LISTINGS
497 - 2002
445 - 2003
439 - 2004
513 - 2005
592 - 2006
720 - 2007
1146 - 2008
1125 - 2009
1283 - 2010
1168 - 2011
1209 - 2012
MONTH of MAY historic number of SALES
171 - 2002
153 - 2003
171 - 2004
169 - 2005
167 - 2006
236 - 2007
139 - 2008
136 - 2009
140 - 2010
113 - 2011
129 - 2012
MONTH OF MAY historic MEDIAN PRICE
$188,500 - 2002
$218,000 - 2003
$274,000 - 2004
$322,000 - 2005
$393,500 - 2006
$441,200 - 2007
$505,000 - 2008
$452,500 - 2009
$460,000 - 2010
$468,000 - 2011
$462,000 - 2012
To get the facts, the real numbers and that Kelowna 'bargoon'.....
Over 22 years of experience on your side.
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100-1553 Harvey Ave, Kelowna, BC V1Y 6G1
Office: 250.717.5000 Fax: 250.861.8462
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