westkelowna TOWNHOME|JUNE2023
TOTAL LISTINGS ▼ 8% VS 202
MONTHS OF INVENTORY 4.4 SEL ERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
SALES
▲ 5% VS 202
▼ 1.2% VS 202
▲ 23% VS 202
Therewere70townhom elistingsin W estKelownain June, 32% higherthan M ayand 8% below June2022.
Junetownhom esalesdecreased by45% m onth-over-m onth,to16,and were23% above June2022.
THISMONTH No.
PREVIOUSMONTH No.
PREVIOUSYEAR No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
Therewere4.4m onthsofinventoryfortownhom esin June,reflecting selers'm arketconditions.
16 70
29 53
139% -45% 32%
13 76
5% -1.2% -25% 23% -8%
$819,681 $787,500 4.4
$673,534 $685,000 1.8
$777,585 $797,000 5.9
Thetownhom em edian pricein Junewas$787,500,a15% increasefrom M ayand 1.2% below June2022.
22% 15%
Theaveragesold pricein Junewas$819,681for townhom es,a22% increasefrom lastm onth and 5% above lastyear. ▶ AVERAGEDAYSTO SEL
▶ RECENTTRENDS
● SALES ● INVENTORY ● MEDIAN PRICE
85
82
86
76
76
59
72
70
68
60 61
53
49
37
39
29
25
16
16
13
30
10 12
13
7
8
6 5 5
$797,000
$757,000 $787,500
$676,000 $680,000 $700,000 $655,000
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
5.0
5
3.5
3.5
2.3
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 11 11.0
1 14 14.0
4 14 3.5
4 9 2.3
1 5 5.0
2 7 3.5
1 2 2.0
M onthsofInv. Inventory Sales
1
5
2
2
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