the kelowna rennie advance | November 2024

highlights • O n am onth-over-m onth basis,m edian sold pricesin theCentralO kanagan (averaged acros hom e types)wereup 1.1%.Them edian sold pricefortownhom eswasup them ostat6% (to$685k) folowed bya0.4% increasefordetached hom es(to$964k).M edian condopricesdeclined 3% (to $440k). • O n ayear-over-yearbasis,m edian sold pricesw eredow n 5% (averaged acros hom etypes). M edian detached priceswereup 0.7%,whilem edian townhom eand condopricesweredown 4% and 10% year-over-year,respectively. •

CENTRALOKANAGAN THERENNIEADVANCE median prices

OCTOBER 2024

$1,200,000

Central Okanagan

$1,000,000

$964,000

$800,000

$600,000

+ 0.7% vsOct2023

$400,000

DETACHED median salesprice

$200,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● October

$1,000,000

Central Okanagan

$800,000

$685,000

$600,000

$400,000

- 4% vsOct2023

TOWNHOME median salesprice

$200,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● October

$600,000

Central Okanagan

$500,000

$440,000

$400,000

$300,000

- 10% vsOct2023

$200,000

CONDO median salesprice

$100,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● October

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