highlights • O n am onth-over-m onth basis,theCentralO kanagan saw an increasein m edian sold pricesof4% (averaged acros hom etypes).Thedetached hom em edian sold pricedecreased in January (from D ecem ber)by7%,whiletownhom eand condopricesincreased by4% and 16%,respectively. • O n ayear-over-yearbasis,m edian sold priceswerehigherby1.5% ,on average,acros types.In D ecem ber,them edian sold pricesfordetached hom esand townhom eswerelowerby3% and 6%, respectively,com pared to thatofJanuary2023,whilecondoswere14% higher. •
CENTRALOKANAGAN THERENNIEADVANCE median prices
JANUARY2024
$1,200,000
Central Okanagan
$1,000,000
$880,000
$800,000
$600,000
- 3% vsJan2023
$400,000
DETACHED median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● January
$1,000,000
Central Okanagan
$800,000
$600,000
$658,000
$400,000
- 6% vsJan2023
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● January
$600,000
Central Okanagan
$500,000
$500,000
$400,000
$300,000
+ 14% vsJan2023
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● January
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