Central Okanagan Real Estate News by Dulcie

HOT New property listed in Kelowna
New Listings

HOT New property listed in Kelowna

I have listed a new property at 580 Denali Drive in Kelowna. See details here Lovingly cared for 5-bed, 3-bath executive home nestled ...

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HOT New property listed in Peachland
New Listings

HOT New property listed in Peachland

I have listed a new property at 6486 Sherburn Road in Peachland. See details here Nestled in the serene environment of a quiet cul-de-sac, ...

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HOT New property listed in Kelowna
New Listings

HOT New property listed in Kelowna

I have listed a new property at 580 Denali Drive in Kelowna. See details here Lovingly cared for 5-bed, 3-bath executive home nestled ...

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HOT New property listed in Kelowna
New Listings

HOT New property listed in Kelowna

I have listed a new property at 465 Okaview Road in Kelowna. See details here Location! Nestled in the highly sought-after Upper Mission, ...

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HOT New property listed in Kelowna
New Listings

HOT New property listed in Kelowna

I have listed a new property at 265 Fir Court in Kelowna. See details here Welcome to 265 Fir Court, a meticulously maintained townhome ...

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November 2024 Mid Month Market Stats
Kelowna and Area Real Estate News

November 2024 Mid Month Market Stats

Stats for mid month November 2024 indicate that days on market are up over last year to 61 and months of inventory, and indicator for ...

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What our client says about us!

Testimonial


A. MacDonald


Dulcie was terrific to work with when we were looking for a new home in Kelowna. It was a crazy time in the home buying business but we found the perfect home and Dulcie helped us with every little detail so that we felt very confident throughout the process. I would recommend her to anyone who wants peace of mind as they go through the normally stressful process of buying a new home.

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Local real estate market sees strong sales despite record-low supply.

Residential real estate across the region from Revelstoke to Eastgate Manning Park and into the South Peace River region finished off the year with record-high sales, reports the Association of Interior REALTORS®.

Residential sales for the entire Association region for December 2021 saw a downtick of 25% over December 2020, clocking in at 654 units sold while still surpassing the previous recorded historical high.

“Even with a typical seasonal slowdown, sales across the region surpassed 2016’s record high,” says the Association of Interior REALTORS® President Kim Heizmann, adding that “the lack of supply continues to be a challenge for buyers as inventory lags behind demand.”

The supply of active residential listings saw a drop of 40% across the Association region compared to the 2,894 active listings during December 2020, with new listings also showing a 24% decrease over December 2020s 695 units.

“The number of active listings continues to fall short of buyer’s demand at historical levels, making it unlikely for buyers to see a softening on prices as we head into the new year,” says Heizmann.

The benchmark price for homes in the Central Okanagan, North Okanagan, South Okanagan and Shuswap/Revelstoke regions closed the year with double-digit percentage increases in year-over-year comparisons across all home categories.

In the South Peace River Region, where benchmark pricing is not available, the average price for single-family homes and mobile homes increased 44.5% and 56.9% respectively.


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All the best, 


Dulcie & Eric

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