downtown kelowna TOWNHOME|JUNE2023
TOTAL LISTINGS ▲ 20% VS 202
MONTHS OF INVENTORY 9.0 BUYERS'MARKET'
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
SALES
▼ 1.9% VS 202
▲ 26% VS 202
- VS 202
Therewere54townhom elistingsin D owntown Kelownain June,15% higherthan M ayand 20.0% aboveJune2022.
Junetownhom esalesdecreased by67% m onth-over-m onth,to6,and were 0% aboutthesam eas June 2022.
THISMONTH No.
PREVIOUSMONTH No.
PREVIOUSYEAR No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
Therewere9.0m onthsofinventoryfortownhom esin June,reflecting buyers'm arketconditions.
$856,150 $799,950 9.0 6 54
18 47
1.9% 6% 245% -67% 15%
$872,750 $632,500 7.5 6 45
-1.9% 26% 20% 0% 20%
$840,439 $757,450 2.6
Thetownhom em edian pricein Junewas$799,950,a6% increasefrom M ayand 26% aboveJune2022.
Theaveragesold pricein Junewas$856,150for townhom es,a1.9% increasefrom lastm onth and 1.9% below lastyear. ▶ AVERAGEDAYSTO SEL
▶ RECENTTRENDS
● SALES ● INVENTORY ● MEDIAN PRICE
53 52
54
49
46
47
42
45
41
44
41
37
33
31
25
18
9
8
7
8
6
6
5
5
4 4 4
6
17
$975,000
$757,500
$760,000 $799,950
$651,500 $665,000
$632,500
Jun-2022 M ay-2023 Jun-2023
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET <5
BALANCED 5-8
BUYERS'MARKET 8+
● SALES ● INVENTORY ● MONTHSOFINVENTORY
15
14.0
11.0
10
6.0
5
4.0
2.0
0
<$199K $200-299K $300-399K $400-499K $500-599K $600-699K $700-799K $800-899K $900-999K $1.0-1.249M $1.25-1.49M $1.5M +
1 4 4.0
2 4 2.0
1 14 14.0
1 11 11.0
1 6 6.0
M onthsofInv. Inventory Sales
2
1
5
7
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