April real estate facts for Kelowna and area

Kelowna and area includes Beaverdell/Carmi, Black Mountain, Big White, Carr's Landing District, Dilworth Mountain, Ellison, Fintry, Glenmore, Glenrosa, Joe Ritchie, Kelowna North, Kelowna South, Lake Country East/Oyama, Lakeview Heights, Lower Mission, Lake Country West, North Glenmore, Peachland, Rutland North, Rutland South, Southeast Kelowna, Shannon Lake/Smith Creek, Springfield/Spall, University District, Upper Mission, Westbank, West Kelowna and the Westside.

According to Okanagan Mainline Real Estate Board.....

April 2010 compared to April 2009

Units* listed up 16.68%
Units sold up 25.86%
Days to sell up5.88%
Active Listings up 0.41%

Units includes acreage/house, duplex, mobile home, recreational, residential, residential WF, 3/4-plex, timeshare, apartment, townhome, farms, multifamily, acreage, acreage WF, lots, lots WF, business, commercial, land, and leases.

Residential listed up 18.49%
Farms listed down 31.25%
Multifamily listed down 60%
Lots listed down 13.79%
IC& I listed up 115.91%

Residential includes acreage/house, duplex, mobile home, recreational, residential, residential WF, 3/4-plex, timeshare, apartment and townhome.

Lots includes acreage, acreage WF, lots and lots WF.

IC& I includes business, commercial, land and leases.


April 2010 compared to April 2009

Residential sold up 20.67%
Farms sold 00.0%
Multifamily sold -
Lots sold up 300%
IC& I sold same #


This year-to-date versus last YTD
(Jan 1-Apr 30)

Units sold up 20.74%
Units sold up 64.18%
Days to sell up 9.09%

Residential sold up 54.59%
Farms sold up 75%
Multifamily no sales
Lots sold up 411.11%
IC& I sold up 107.69%


April 2010 Median Price (and percentage change from April 2009)

Acreage/House
$715, 500 (-3.96%)

Duplex
$343,000 (-2.14%)

Mobile Home
$75,000 (0.00%)

Recreational
-

Residential
$461,000 (+11.08%)

Residential WF
-

3/4-Plex
$288,750 (-21.21%)

Timeshare
-

Apartment
$240,000 (-1.03%)

Townhome
$335,500 (+2.56%)

Farms
$710,000 (+44.90%)

Multifamily
-

Acreage
$379,450 (+187.46%)

Acreage WF
-

Lots
$202,200 (-7.36%)

Lots WF
-

Confused?
Need help reading between the numbers so-to-speak - contact june@juneconway.com OR 250.317.3136.
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