highlights • O n am onth-over-m onth basis,m edian sold pricesin theCentralO kanagan (averaged acros hom e types)declined 0.7%.Them edian sold pricefordetached hom esand condosdecreased in M arch (from February)by4% and 3% ,respectively.In contrast,townhom em edian sold pricesexpanded by 9%. • O n ayear-over-yearbasis,m edian sold pricesw ereflat,on average,acros hom etypes.In M arch, them edian sold pricesfordetached hom esand condoswerelowerby3% and 5% (respectively) com pared tothatofM arch 2023,whiletownhom eswere8% higher. •
CENTRALOKANAGAN THERENNIEADVANCE median prices
MARCH 2024
$1,200,000
Central Okanagan
$1,000,000
$923,500
$800,000
$600,000
- 3% vsM ar2023
$400,000
DETACHED median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● March
$1,000,000
Central Okanagan
$800,000
$715,000
$600,000
$400,000
+ 8% vsM ar2023
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● March
$600,000
Central Okanagan
$500,000
$438,500
$400,000
$300,000
- 5% vsM ar2023
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● March
Copyright© April2,2024renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofApril2,2024.Aldatafrom As ociationofInterior REALTORS® & Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.ren iegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ation shouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom aren ieand as ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
●
6
Made with FlippingBook - professional solution for displaying marketing and sales documents online