September 2020 Real Estate Market Stats

Okanagan Real Estate Market September Statistics

• 810 total Residential sales in September. Up 83% from the same time last year of 441.

• 2,921 total listings down 15% from the same time last year of 3,454

• September Days to Sell was 77

• 989 New Listings in August an increase in new listings of 18%

Single Family Residential Homes

• Single-Family Sales 356

• New Listings 372

• Current Inventory

• Sell/Inv. Ratio 43.05%

• Days to Sell 66

• Average Price $842,384

• Median Price$740,000

Townhome Activity

• Townhome Sales 122

• New Listings 138

• Current Inventory 327

• Sell/Inv. Ratio 37.31%

• Days to Sell 63

• Average Price $564,103

• Median Price $524,898

Apartment/Condo

• Condo/Apt Sales 170

• New Listings 266

• Current Inventory 644

• Sell/Inv. Ratio 26.40

• Days to Sell 68

• Average Price

• Average Price $392,286

• Median Price$378,000

Reach out if you have any questions or if there is ever anything I can do. Have a great Thanksgiving weekend.

Mark