July 2016 Kelowna's Market

August 31, 2016

Okanagan July 2016 Market Overview:


July was very hot in Okanagan Valley. Real estate market was thrilled by amount of buyers and shortage of available listings. This was a 20% increase over July 2015. According to data from OMREB (Okanagan Mainline Real Estate Board), there 56% of buyers are local, 18% are from the Lower Mainland and 12% are from Alberta. Families with children represent the largest portion of buyers at 25%. Couples without children are a close second at 24%. Empty nesters or retirees represent 20% of buyers.


There is graph represents how the real estate prices were changing for the past 5 years.


Were you wondering what area can bring you the highest rate of return? Don't just guess, check the statistic  of average prices  from this year to last one based on sub areas in Kelowna.


For more information about current listings, market updates and any questions, please feel free to contact me.


Alina Griva


Lake Okanagan Realty Ltd.

506 Doyle Ave.

Kelowna, BC

V1Y 6V8


C: 250-863-5246

E: alinagriva@gmail.com.




Please reload

Featured Posts

Cash Flow Properties

May 30, 2018

Please reload

Recent Posts

April 23, 2018

Please reload

Please reload

Search By Tags