upper mission/kettle valley/crawford estates DETACHED - AUGUST 2 0 2 4
MONTHS OF INVENTORY 15.0 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 36% VS 2023
▼ 11% VS 2023
▼ 1.7% VS 2023
▼ 47% VS 2023
There were 150 detached listings in Upper Mission/Kettle Valley/Crawford Estates in August, 2% above July and 36% higher than August 2023. August detached home sales decreased by 17% month-over-month, to 10, and were 47% below August 2023. The months of inventory for detached in Upper Mission/Kettle Valley/Crawford Estates, at 15.0, re-ected a buyers' market. The detached median price in August was $1,355,000, a 28% increase from July and 1.7% below August 2023.
THIS MONTH No. $1,501,300 $1,355,000 15.0 10 150
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$1,680,355 $1,379,000 5.8 19 110
-11% -1.7% 159% -47% 36%
$1,177,542 $1,048,750 12.3 12 147
27% 29% 22% -17% 2%
The average sold price was $1,501,300, 27% above last month and down 11% to August 2023.
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
150
55
137
147
127
144
122
120
135
111
110
100
96
92
39
27
28
14
12
11
11
11
19
7
5
4
19
10
17
$1.56M
$1.39M $1.31M
$1.38M
$1.35M $1.40M
$1.35M
$1.36M
$1.25M
$1.23M
$1.19M $1.21M
$1.05M
Aug-23
Jul-24
Aug-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
30
21.0
25
18.0
20
14.5
13.5
15
10
6.0
5.0
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
1 5 5.0
2 29 14.5
3 18 6.0
1 18 18.0
2 27 13.5
1 21 21.0
0 14 n/a
0 17 n/a
Copyright © 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 September 9, 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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