highlights • O n ayear-over-yearbasis,m edian sold pricesin theCentralO kanagan (averaged acros hom e types)wereup 0.1%.Them edian sold pricefordetached hom eswasup them ostat9% (to$960k), folowed bya3% increasefortownhom es(to$680k).In contrast,m edian condopricesfel by12% (to$440k).N otethatm edian sold pricesfordetached hom esand condoswereoutliersin January 2024,which hasskewed theyear-over-yearchange. • O n am onth-over-m onth basis,m edian sold priceswereup 1.6% (averaged acros hom etypes). M edian condopriceswereup 1.9%,townhom epriceswereup 5%,and detached hom epriceswere down1.5%. •
CENTRALOKANAGAN THERENNIEADVANCE median prices
JANUARY2025
$1,200,000
Central Okanagan
$1,000,000
$960,000
$800,000
$600,000
+ 9% vsJan 2024
$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
$680,000
$600,000
$400,000
+ 3% vsJan 2024
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● January
$600,000
Central Okanagan
$500,000
$440,000
$400,000
$300,000
- 12% vsJan 2024
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● January
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