After 7 Years, Kelowna Real Estate

Wolf and Colin Krieg talk about the sales increase of homes in Kelowna as well as the list to sell ratio now being so much higher due to 20% more sales and 18% less listings. This puts is in to a balanced market.
We also saw 85% of the sales of single family homes in Kelowna selling under $600,000 last month, and mostly around the $400,000 mark.
Condos, apartments and townhomes all did well last month. Apartments in Kelowna are just under a balanced market, while townhomes have broken through and are also in a balanced market.