the kelowna rennie advance | February 2025

highlights • N ew M LS listingsactivitystarted theyearstronglywith 822 hom escom ing to m arketin January in theCentralO kanagan.Thiswasthem ostforthem onth ofJanuarysince2010 (845 listings). • N ew listingswere56% abovetheprior10-yearJanuaryaverageof526.N ew townhom elistings werethefurthestabovetheirlong-run Januaryaverage(+76%,to159),folowed bycondos(+54%, to241)and detached hom es(+52%,to417). • O n ayear-over-yearbasis,new listingswere49% higherthan January2024.Townhom elistings wereup them ost(+62%),folowed bydetached hom es(+49%)and condos(+43%).

CENTRALOKANAGAN THERENNIEADVANCE new listings

JANUARY2025

800

+ 49% vsJan 2024

700

600

500

400

275 10 yr Jan Avg

417

300

200

DETACHED new listings

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100

+ 52% vs10yrJan Avg

﹍ 10 yrJanuaryAverage

● January

+ 62% vsJan 2024

300

250

200

90 10 yr Jan Avg

150

159

100

TOWNHOME new listings

50

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

+ 76% vs10yrJan Avg

﹍ 10 yrJanuaryAverage

● January

+ 43% vsJan 2024

300

250

241

200

157 10 yr Jan Avg

150

100

CONDO new listings

50

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

+ 54% vs10yrJan Avg

﹍ 10 yrJanuaryAverage

● January

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