westkelowna DETACHED|JUNE2023
TOTAL LISTINGS ▲ 7% VS 202
MONTHS OF INVENTORY 4.7 SEL ERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
SALES
▲ 10% VS 202
▲ 8% VS 202
▲ 50% VS 202
Therewere297 detachedlistingsin W estKelownain June, 10% higherthan M ayand 7% aboveJune2022.
Junedetached hom esalesdecreased by 7% m onth-over-m onth,to63,and were50% aboveJune2022.
THISMONTH No. $1,120,036 $945,000 4.7 63 297
PREVIOUSMONTH No.
PREVIOUSYEAR No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
Therewere4.7m onthsofinventoryfordetached hom esin June,reflecting selers'm arketconditions.
$1,282,575 $1,007,000 4.0 68 270
-13% -6% 19% -7% 10.0%
$1,016,880 $878,750 6.6 42 278
10% 8% -29% 50% 7%
Thedetachedm edian pricein Junewas$945,000,a6% aboutthesam easM ayand 8% aboveJune2022.
Theaveragesold pricein Junewas$1,120,036fordetached hom es,a13% decreasefrom lastm onth and 10% abovelast year. ▶ AVERAGEDAYSTO SEL
▶ RECENTTRENDS
● SALES ● INVENTORY ● MEDIAN PRICE
301
292
284
297
278
270
261
50
253
230
226
187
178
41
172
40
68 63
47
48
30
42 35 43 37 33 34
24 22
$945,000
$931,250 $896,000
$878,750
$878,000
$865,500
$810,000
Jun-2022 M ay-2023 Jun-2023
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET <5
BALANCED 5-8
BUYERS'MARKET 8+
● SALES ● INVENTORY ● MONTHSOFINVENTORY
80
9.4
7.5
60
5.1 5.1
40
3.1
20
2.1
2.0
1.5
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 2 2.0
8 12 1.5
10 31 3.1
11 23 2.1
7 36 5.1
9 46 5.1
8 60 7.5
9 85 9.4
M onthsofInv. Inventory Sales
1
1
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