Central Okanagan Real Estate MLS Listing Inventory and Foreclosures for August 2009
By Jason Neumann, Realtor - www.KelownaRealEstateNews.com
(Century 21 Assurance Realty Ltd.)
Current listing inventory as of September 23,2009: Single Family Dwellings - 2015 properties including 9 pending offers Strata - Condos - 1159 properties including 8 pending offers Strata - Townhomes - 480 properties including 7 pending offers Manufactured Home - 228 including 3 pending offers Lots/Acreages - 883 properties including 3 pending offers Total properties for sale - 4,765 (total inventory increase of 1.47% from last month) The hottest segment of the real estate market in the Central Okanagan are townhomes. There were 32 sales in August of 2008 compared to 70 sales in August of 2009. That accounts for a 94% increase in sales year over year and an absorption rate of nearly 14% of the overall townhome inventory! Essentially, at that rate of sales there is enough supply for 6...
Comments
0