centralokanagan TOWNHOME|JULY2023
TOTAL LISTINGS ▲ 12% VS 202
MONTHS OF INVENTORY 4.8 SEL ERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
SALES
- VS 202
▲ 3% VS 202
▲ 38% VS 202
Therewere383townhom elistingsin theCentral Okanagan in July,10% higherthan Juneand 12% aboveJuly 2022.
Julytownhom esalesdecreased by9% m onth-over-m onth, to80,and were38% aboveJuly2022.
THISMONTH No.
PREVIOUSMONTH No.
PREVIOUSYEAR No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
Therewere4.8m onthsofinventoryfortownhom esin July, reflecting selers'm arketconditions.
$742,204 $710,000 4.8 80 383
$740,178 $709,750 4.0 88 348
0.3% 0% 21% -9% 10%
$699,844 $692,500 5.9 58 342
6% 3% -19% 38% 12%
Thetownhom em edian pricein Julywas$710,000,about thesam easJuneand 3% aboveJuly2022.
Theaveragesold pricein Julywas$742,204for townhom es,0.3% increasefrom lastm onth and 6% above lastyear. ▶ AVERAGEDAYSTO SEL
▶ RECENTTRENDS
● SALES ● INVENTORY ● MEDIAN PRICE
367
383
352
350
348
342
342
341
50
312
301
286
258 273
40
33
124
88
80
80
70
56
58 62 52
49
36 38 38
$736,750 $706,000
$710,000
$692,500 $675,000
$652,500 $705,000
Jul-2022 Jun-2023 Jul-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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