DECEMBER 2019
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 December 2019 as compared to December of 2018.
South Okanagan Real Estate Board Totals
Units Reported Sold = 106 (up 12%)
Average Sale Price = $438,241 (up 6%)
Average Days to Sell = 129 (up 27%)
Active Listings = 1539
Months of Inventory (MOI) = 14
Reported Sales Dollars Year to Date = $910,942,436 (down 10%)
Penticton Totals
Units Reported Sold = 41 (up 8%)
Average Sale Price = $422,006 (up 14%)
Average Days to Sell = 94 (up 13%)
Active Listings = 482
Months of Inventory (MOI) = 11
Reported Sales Dollars YTD = $396,116,450 (down 11%)
Naramata Totals
Units Reported Sold = 1 (down 75%)
Average Sale Price = $785,000 (down 69%)
Average Days to Sell = 186 (down 19%)
Active Listings = 45
Months of Inventory (MOI) = 45
Reported Sales Dollars YTD = $28,997,125 (down 21%)
Kaleden/Okanagan Falls Totals
Units Reported Sold = 5 (up 25%)
Average Sale Price $510,300 (down 20%)
Average Days to Sell = 116 (up 9%)
Active Listings = 111
Months of Inventory (MOI) = 22
Reported Sales Dollars YTD = $63,542,049 (down 5%)
Oliver Totals
Units Reported Sold = 12 (up 71%)
Average Sale Price $332,153 (down 12%)
Average Days to Sell = 106 (down 11%)
Active Listings = 170
Months of Inventory (MOI) = 14
Reported Sales Dollars YTD = $78,296,532 (down 17%)
Osoyoos Totals
Units Reported Sold = 19 (up 36%)
Average Sale Price $446,711 (up 15%)
Average Days to Sell = 172 (up 69%)
Active Listings = 385
Months of Inventory (MOI) = 20
Reported Sales Dollars YTD = $108,980,814 (down 11%)
Summerland Totals
Units Reported Sold = 17 (up 42%)
Average Sale Price $628,187 (up 37%)
Average Days to Sell = 190 (up 67%)
Active Listings = 140
Months of Inventory (MOI) = 8
Reported Sales Dollars YTD = $150,401,740 (up 10%)
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 in todays market.
- Jean and Shelly
#lovewhereyoulive