CENTRAL OKANAGAN THE RENNIE ADVANCE median prices
highlights • On a month-over-month basis, the Central Okanagan saw a decrease in median sold prices by 5% (on average across home types). Detached home and townhome median sold prices both declined in September, by 12% and 8% respectively. Condo prices, on the other hand, rose by 3% last month. • On a year-over-year basis, median sold prices were lower, by 5% on average across types. In September, the median sold price for all home types was lower, by 11% for detached homes, 3% for townhomes, and 2% for condos.
•
SEPTEMBER 2023
$1,200,000
Central Okanagan
$1,000,000
$800,000
$830,000
$600,000
- 11% vs Sep 2022
$400,000
DETACHED median sales price
$200,000
$0
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
● September
$1,000,000
Central Okanagan
$800,000
$600,000
$650,000
$400,000
- 3% vs Sep 2022
TOWNHOME median sales price
$200,000
$0
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
● September
$600,000
Central Okanagan
$500,000
$460,000
$400,000
$300,000
- 2% vs Sep 2022
$200,000
CONDO median sales price
$100,000
$0
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
● September
Copyright © October 5, 2023 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of October 5, 2023. All data from Association of Interior REALTORS® & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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