Higher Listings, Higher Sales, Higher Prices, Highest Year Ever!
Kelowna 157 single family homes sold in November despite the snow fall. We are up 6% from November last year and up 14% year to date. The inventory for single family homes is at 1,001 which is similar to last month. The average price of the 1001 single family residential units currently FOR SALE is $673,000. Our SOLD average price is $463,157 for the month slightly down from last month which brings the average year to date to $475,625. The median price is at $445,000. Year to date, 2,730 single family homes sold, which represents an increase of 14% over last year. Year to date 1,206 apartments sold, which represents an increase of 27%. Year to date 698 townhouses have sold which is an increase of 25%. Year to date 5,333 total residential units combined have sold, which represents an increase of 16%. There are 2,414 combined residential units currently for sale.
  
Major Cities Report
Victoria: November Real Estate Market Strong Sales, Record Prices
Vancouver: Housing sales continue to rise in November
Kelowna: Higher Listings - Higher Sales - Higher Prices - Highest Year Ever!
Calgary: Typical season slow down comes to the MLS® during the month of November
Edmonton: Housing prices tumble even as inventory decreases
Saskatoon: November’s Real Estate Market Remains Very Active
Winnipeg: Best MLS® Year Ever With A Month To Go
Toronto: Best November Ever, Best Year Ever!
Single Family Average Price 2000 - 2007



 
Number of Sold Single Family Dwellings 2005 - 2007



 
Single Family Listing Inventory 2005 vs 2006 vs 2007

 
Feature Property
 
Panoramic Lake, City and Mountain Views

4 Bedrooms | 3 Baths | 2988 Sqft. | $684,900

711 Kuipers

Fabulous GREAT ROOM CONCEPT two storey home offering PANORAMIC LAKE AND CITY VIEWS. Boasts 4 bedrooms, hardwood and tile floors, 14 ft vaulted ceilings in great room and foyer, 9 ft ceilings throughout and chef's kitchen with granite contertops. Comes with walk in pantry, fireplace, air conditioning, high efficiency furnace, RV parking, front and rear decks. More pictures at www.wolfhomes.com.