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Where the buyers came from in 2017
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Royal LePage Locations West (Penticton) represented Buyers and Sellers in a total of 763 transactions in 2017. This pie chart shows where those buyers were from. The numbers for 2016 are shown in italics.

MARKET SUPPLY: Year-over-year activity - September
Here are the stats from September 5, 2017 to September 5, 2018. The sales within each category have been averaged over a 12-month period. Those sales averages, compared to the current number of listings, have been used to calculate the market supply in each category.

Single family homes - up to $1 million

Listings

-        362 active listings
-        Average of 79 days on market
-        Average list price - $628,223

Sales

-        696 sales since September 5, 2017
-        Average of 56 days on market, at time of sale
-        Average sale price $542,414

Currently a 6.2 month supply of homes priced under $1 million on the market

Single family homes - over $1 million

Listings

-        88 active listings
-        Average of 103 days on market
-        Average list price - $2,069,020

Sales

-        49 sales since September 5, 2017
-        Average of 115 days on market, at time of sale
-        Average sale price $1,457,495

Currently a 22.6 month supply of $1 million+ homes on the market 

Condominiums

Listings

-        92 active listings
-        Average of 85 days on the market
-        Average list price - $327,036

Sales

-        286 sales since September 5, 2017
-        Average of 58 days on market, at time of sale
-        Average sale price $293,390 

Currently a 3.9 month supply of condos on the market

Townhomes

Listings

-        49 active listings
-        Average of 82 days on the market
-        Average list price - $413,844

Sales

-        215 sales since September 5, 2017
-        Average of 65 days on market, at time of sale
-        Average sale price $337,491 

Currently a 2.7 month supply of townhomes on the market

Half Duplexes

Listings

-        43 active listings
-        Average of 127 days on the market
-        Average list price - $456,904

Sales

-        65 sales since September 5, 2017
-        Average of 58 days on market, at time of sale
-        Average sale price $430,728

Currently a 7.9 month supply of half duplexes on the market

 

*This information is based on the following areas: Penticton (including Apex), Summerland, Naramata, Kaleden and Okanagan Falls. Data up to September 5, 2018 drawn from MLS statistics.

Our Listings

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  • Locations West Realty
  • Address:484 Main Street
  • Penticton
  • V2A 5C5
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Our Blog

New Listing!

September 11th, 2018

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Sold!

September 11th, 2018

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