centralokanagan TOWNHOME|AUGUST2023
TOTAL LISTINGS ▲ 8% VS 202
MONTHS OF INVENTORY 5.0 BALANCED MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
SALES
- VS 202
▲ 3% VS 202
▲ 21% VS 202
Therewere377townhom elistingsin theCentral O kanagan in August,1.9% lowerthan Julyand 8% above August2022. Augusttownhom esalesdecreased by6% m onth-over-m onth,to75,and were21% aboveAugust 2022.
THISMONTH No.
PREVIOUSMONTH No.
PREVIOUSYEAR No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
Therewere5.0m onthsofinventoryfortownhom esin August,reflecting balanced m arketconditions.
$728,199 $703,500 5.0 75 377
$742,204 $710,000 4.8 80 382
-1.9% -0.9% 5% -6% -1.3%
$735,063 $685,000 5.7 62 350
-0.9% 3% -11% 21% 8%
Thetownhom em edian pricein Augustwas$703,500,a 0.9% decreasefrom Julyand 3% aboveAugust2022.
Theaveragesold pricein Augustwas$728,199for townhom es,a1.9% decreasefrom lastm onth and 0.9% below lastyear. ▶ AVERAGEDAYSTO SEL
▶ RECENTTRENDS
● SALES ● INVENTORY ● MEDIAN PRICE
367
382
377
352
350
348
342
341
47
312
301
45
286
258 273
40
124
88
80
80
75
70
56
62 52
49
36 38 38
$720,000 $700,000 $709,750 $703,500
$685,000 $664,575 $642,500
Aug-2022 Jul-2023 Aug-2023
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET <5
BALANCED 5-8
BUYERS'MARKET 8+
● SALES ● INVENTORY ● MONTHSOFINVENTORY
80
9.3
7.5
60
6.7
5.4
40
4.4
3.0
2.7
20
1.5 1.7
0
<$199K $200-299K $300-399K $400-499K $500-599K $600-699K $700-799K $800-899K $900-999K $1.0-1.249M $1.25-1.49M $1.5M +
2 3 1.5
11 19 1.7
11 30 2.7
14 61 4.4
14 75 5.4
12 80 6.7
4 30 7.5
9 27 3.0
3 28 9.3
M onthsofInv. Inventory Sales
2
28
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