RSS

New property listed in Penticton

I have listed a new property at 503 110 Ellis Street in Penticton. See details here

""Ellis One"" is a modern, contemporary building, walking distance to OK Beach, art gallery, farmers market, bistros, marina, shopping and wineries. Don't miss out on this extremely spacious 1069 sq ft 1 bdrm plus den in the heart of Penticton. The open concept floor plan with high ceilings, cozy fireplace, island kitchen, oversized deck and partial lake view give the living space a sense of freedom and warmth. Luxurious 5 pce bathroom leads to a walk in closet with built ins and master bedroom not to mention the den could work as a guest bedroom. The kitchen features quartz countertops, eating bar and gas range perfect for entertaining. Other features include laundry room with built ins, easy care flooring, gas barbeque hookup and the deck for outdoor entertaining, one secure covered parking stall and storage unit. Suitable for all ages and professions as well as seasonal owners. Immediate possession possible. (id:2493)

Read

New property listed in Penticton

I have listed a new property at 302 3589 Skaha Lake Road in Penticton. See details here

Welcome to Skaha Breeze. This fantastic 1bdrm/1bath, 781sf condo offers a spacious open floor plan. Situated directly across from Skaha Lake perfectly located in the middle of all the summer activities, minutes from Parks, vineyards, golf courses, pickle ball courts and walking distance to local shops, Skaha beach & restaurants. This unit offers 9' ceilings, heated flooring in the kitchen & bathrooms, granite countertops, stainless appliances , in suite laundry, and long personal sun deck , large windows for a bright outlook and exclusive rooftop terrace for gatherings. Fully secured enclosed parking. 2 Pets allowed & 3 month minimum on rentals. Call to book your viewing today. (id:2493)

Read

South Okanagan Real Estate Statistics January 2025

January 2025 is in the books and with that said, here’s how things are shaping up for South Okanagan Real Estate for the new year. 

Residential Sales for all property types in the South Okangan (excluding land sales) this saw quite an uptick in activity which is great to see and undoubtedly due to yet another interest rate drop and price adjustments since August of 2023. The South Okanagan Region saw $66.9 Million dollars in sales volume, a 69% increase by logging 105 sales an increase of 75% year over year.  Inventory is still higher than what we are used to seeing at over 10 months of inventory and 1057 active listings, which is yes antoher increase to record year over year of 16%.

The breakdown for Single Family Homes specifically in the South Okanagan saw increases in all 4 categories, sales where up 65% at 43, Benchmark values were up by 11% to $769,200, Inventory levels for single family homes grew 11% and the recorded days on market increased by 5% and 103 days on market as shown abouve.

In the townhouse relm, sales increased 78%, benchmark prices as well by 8%, and inventory came up year over year by 19%, while we saw decreases in days on market by 20%.

For the Condo/Apartment category, we saw increases in Sales 127%, and Inventory 37%, with a downward turn on Benchmark pricing by 4% at $400,700 and most definately due to the amount of active listings in this specific category recorded at 265, however the days on market also came down by 36% which is a hopefull figure if you are a seller in this category, but still patienly recording an average of 113 days on market.

We will continue to watch closely and keep you all well informed on the ever changing market conditions and post them right here. Please dont hesitate to reach out if you have any questions about your buying/selling journey or need to know more about your properties value in todays market! 

Have a great February! 

Jean and Shelly

Read

New property listed in Penticton

I have listed a new property at 701 Fairway Avenue in Penticton. See details here

Attention First Time Home Buyers and Investors! NO Strata Fees or Rules. This well maintained 3 bdrm, 2 bath End Unit townhome with fully fenced yard and 2 parking stalls is hard to find. Newer flooring, paint, deck, underground irrigation, and storage shed. Great location, walking distance to Okanagan Lake, Parkway school, community centre, OK College, casino and SOEC and golf course. Pet and Rentals welcome, no age restriction. A MUST SEE. (id:2493)

Read

New property listed in Penticton

I have listed a new property at 311 130 Skaha Place in Penticton. See details here

Vacant and ready to move in! Welcome to this one bedroom, one bath condo in the Best location across from Shaha Beach and Park. Functional open layout with north facing patio for cool evenings on the deck. Freshly painted with low maintenance laminate flooring and energy efficient vinyl windows. Fridge, stove and wall a/c included, plus a spacious storage room in unit. Ideal for first time home buyers or vacation getaway with easy access to all amenities, tennis courts, restaurants, marina, shopping and more. Rentals allowed, 1 cat ok. Call for a viewing today. (id:2493)

Read
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.