the kelowna rennie advance | August 2024

highlights • O n am onth-over-m onth basis,m edian sold pricesin theCentralO kanagan (averaged acros hom e types)fel0.6%.Them edian sold pricefortownhom eswasup 1.4% (to$710k),folowed bya0.7% increase(to$449k)fortownhom es.In contrast,them edian sold pricefordetached hom eswas down 4% (to$950k)m onth-over-m onth. • O n ayear-over-yearbasis,m edian sold pricesw eredow n 1.5% (averaged acros hom etypes). M edian condopricesand m edian townhom epricesweredown 3% and 1.3%,respectively,while m edian detached pricesw ereflatyear-over-year. •

CENTRALOKANAGAN THERENNIEADVANCE median prices

JULY 2024

$1,200,000

Central Okanagan

$1,000,000

$950,000

$800,000

$600,000

- vsJul2023

$400,000

DETACHED median salesprice

$200,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● July

$1,000,000

Central Okanagan

$800,000

$710,000

$600,000

$400,000

- 1% vsJul2023

TOWNHOME median salesprice

$200,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● July

$600,000

Central Okanagan

$500,000

$449,000

$400,000

$300,000

- 3% vsJul2023

$200,000

CONDO median salesprice

$100,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● July

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