MARCH 2020
Jean and Shelly
Your Family Real Estate Team
The monthly stats are in from Mom and I via the South Okanagan Real Estate Board. These are the numbers for March 2020 as compared to March of 2019.
South Okanagan Real Estate Board Totals
Units Reported Sold = 160 (up 7%)
Average Sale Price = $480,792 (up 25%)
Average Days to Sell = 103 (up 4%)
Active Listings = 1803
Months of Inventory (MOI) = 11
Reported Sales Dollars Year to Date = $186,697,380 (up 33%)
Penticton Totals
Units Reported Sold = 64 (down 6%)
Average Sale Price = $441,558 (up 8%)
Average Days to Sell = 75 (down 30%)
Active Listings = 621
Months of Inventory (MOI) = 9
Reported Sales Dollars YTD = $81,483,824 (up 23%)
Naramata Totals
Units Reported Sold = 1 (down 67%)
Average Sale Price = $352,000 (down 52%)
Average Days to Sell = 29 (up 9%)
Active Listings = 69
Months of Inventory (MOI) = 69
Reported Sales Dollars YTD = $902,000 (down 76%)
Kaleden/Okanagan Falls Totals
Units Reported Sold = 6 (up 50%)
Average Sale Price = $686,818 (up 55%)
Average Days to Sell = 43 (down 30%)
Active Listings = 129
Months of Inventory (MOI) = 21
Reported Sales Dollars YTD = $9,582,305 (down 3%)
Oliver Totals
Units Reported Sold = 25 (up 14%)
Average Sale Price = $540,284 (up 57%)
Average Days to Sell = 109 (down 7%)
Active Listings = 191
Months of Inventory (MOI) = 7
Reported Sales Dollars YTD = $23,925,207 (up 76%)
Osoyoos Totals
Units Reported Sold = 25 (up 39%)
Average Sale Price = $493,880 (up 70%)
Average Days to Sell = 145 (up 38%)
Active Listings = 385
Months of Inventory (MOI) = 15
Reported Sales Dollars YTD = $28,432,986 (up 96%)
Summerland Totals
Units Reported Sold = 18 (up 20%)
Average Sale Price = $542,028 (up 9%)
Average Days to Sell = 84 (up 22%)
Active Listings = 165
Months of Inventory (MOI) = 9
Reported Sales Dollars YTD = $23,673,200 (up 27%)
Wondering what is your home worth in today's market? Contact us for a FREE, no obligation evaluation and to hear about how our marketing strategies can work for you, or to find out the crucial information you need to know as a buyer or seller in today's market.
- Jean and Shelly
#lovewhereyoulive