Statistics provided by the Okanagan Mainline Real Estate Board
Average House Prices by Month

 
2008
2007
January
$483,284
$437,146
February
$496,621
$450,058
March
$542,236
$442,246
April
$552,830
$455,996
May
$531,454
$472,555
June
 
$504,912
July
 
$479,714
August
 
$496,510
September
 
$512,649
October
 
$500,943
November
 
$463,157
December
 
$497,321


Central Okanagan Comparative Statistics

May 31st
2008
May 31st
2007

Total Active Residential Listing Inventory

1,637
922
Residential Units Sold
198
329
Average Days to Sell (Residential)
57
54
Listing Price Vs. Sales Price Ratio
96.0%
97.4%
Number of Sales – All Categories
428
699
Average House Sales Price (YTD)
$525,624
$454,294
Median House Sale Price (YTD)
$485,000
$417,500

Total Sales Dollars (YTD) Central Okanagan

$736,834,496
$810,934,912

Inventory Base
Condo/Apartment
1,132
485
Condo/Townhouse
446
224


Central Okanagan Comparative Statistics for the Month of May 2008

 
Residential
Apartment
Townhouse
  2008 2007 2008 2007 2008 2007
Listing Inventory
1,637
922
1,132
485
446
224
Units Sold
198
329
75
115
42
96
Average Days to Sell
51
52
64
66
61
62
List Price / Sale Price Ratio
96.0%
97.4%
96.0%
96.0%
96.3%
97.5%
Average Sale Price
$531,454
$472,526
$293,016
$275,397
$404,283
$359,655
Median Sale Price
$497,500
$438,000
$280,000
$253,000
$349,000
$337,000
Martin Mansfield - REALTORŪ - Macdonald Realty