upper mission/kettle valley/crawford estates DETACHED - JUNE 2 0 2 4
MONTHS OF INVENTORY 7.6 BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 10% VS 2023
▲ 5% VS 2023
▲ 40% VS 2023
▲ 27% VS 2023
There were 144 detached listings in Upper Mission/Kettle Valley/Crawford Estates in June, 7% above May and 40% higher than June 2023. June detached home sales decreased by 30% month-over-month, to 19, and were 27% above June 2023. The months of inventory for detached in Upper Mission/Kettle Valley/Crawford Estates, at 7.6, reflected a balanced market. The detached median price in June was $1,350,000, a 12% increase from May and 5% above June 2023.
THIS MONTH No. $1,428,058 $1,350,000 7.6 19 144
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$1,301,600 $1,280,000 6.9 15 103
10% 5% 10% 27% 40%
$1,342,051 $1,207,500 5.0 27 135
6% 12% 52% -30% 7%
The average sold price was $1,428,058, 6% above last month and up 10% to June 2023.
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
137
144
55
127
122
122
120
135
111
110
103
100
96
92
35
27
28
19
14
11
11
11
19
7
15
5
4
17
14
$1.56M
$1.39M $1.31M
$1.35M $1.40M
$1.35M
$1.28M $1.32M $1.38M
$1.25M
$1.23M
$1.19M $1.21M
Jun-23
May-24
Jun-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
25
11.0
20
8.5
7.7
15
6.7
10
3.7
2.3
5
0
N/A
<$600K
$600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.74M $1.75M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M+
MOI INVENTORY SALES
0 1 n/a
3 7 2.3
3 23 7.7
6 22 3.7
3 20 6.7
2 22 11.0
2 17 8.5
0 15 n/a
0 17 n/a
Copyright © July 8, 2024 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 July 8, 2024. 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. 45 ●
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