Kelowna strata trend over the years

Kelowna strata includes townhomes and condominiums. The average strata price was strongest in 2008 not unlike single family residences; $315,308 and $546,636 respectively.

Kelowna strata 2009 average prices adjusted a smitchen - down approximately -7% compared to the year before. Strata average price adjusted less than single family residences, -7 % and -9% respectively.

Over ten years Kelowna average strata prices jumped 122% - just behind single family residence's 158%. For strata, average prices have increased annually by approximately 12% since 1999. Single family residences approximately 15% annually. Not a bad return on your investment whether a house, townhome or condo!

June Conway understands what is going on in today's strata market and can help you with all the dynamics involved in selling your townhome or condominium more effectively as well as buy the right home at the right price for you.

june@juneconway.com or 250.317.3136
My pleasure.

The average price is the arithmetic average, computed by adding up a collection of numbers and dividing by their count.

NOTE: City of Kelowna includes the areas of 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.

*portions of these areas are under the jurisdiction of the Regional District of Central Okanagan.