JULY 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 July 2020 as compared to July of 2019.
South Okanagan Real Estate Board Totals
Units Reported Sold = 303 (up 27%)
Average Sale Price = $500,733 (up 5%)
Average Days to Sell = 97 (up 26%)
Active Listings = 1870
Months of Inventory (MOI) = 6
Reported Sales Dollars Year to Date = $598,746,500 (up 11%)
Penticton Totals
Units Reported Sold = 108 (down 8%)
Average Sale Price = $451,472 (down 5%)
Average Days to Sell = 94 (up 25%)
Active Listings = 673
Months of Inventory (MOI) = 6
Reported Sales Dollars YTD = $232,588,589 (down 7%)
Naramata Totals
Units Reported Sold = 10 (no change 0%)
Average Sale Price = $902,700 (up 8%)
Average Days to Sell = 90 (down 26%)
Active Listings = 73
Months of Inventory (MOI) = 7
Reported Sales Dollars YTD = $17,383,300 (down 7%)
Kaleden/Okanagan Falls Totals
Units Reported Sold = 23 (up 109%)
Average Sale Price = $922,548 (up 145%)
Average Days to Sell = 65 (up 7%)
Active Listings = 137
Months of Inventory (MOI) = 5
Reported Sales Dollars YTD = $50,811,659 (up 49%)
Oliver Totals
Units Reported Sold = 35 (up 13%)
Average Sale Price = $481,809 (up 37%)
Average Days to Sell = 101 (up 33%)
Active Listings = 192
Months of Inventory (MOI) = 5
Reported Sales Dollars YTD = $69,129,207 (up 41%)
Osoyoos Totals
Units Reported Sold = 44 (up 33%)
Average Sale Price = $507,692 (up 5%)
Average Days to Sell = 129 (up 16%)
Active Listings = 421
Months of Inventory (MOI) = 9
Reported Sales Dollars YTD = $87,164,481 (up 40%)
Summerland Totals
Units Reported Sold = 41 (up 86%)
Average Sale Price = $548,434 (down 28%)
Average Days to Sell = 73 (up 99%)
Active Listings = 144
Months of Inventory (MOI) = 3
Reported Sales Dollars YTD = $90,309,007(up 12%)
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
#yourpentictonrealtors