centralokanagan TOWNHOME|JUNE2023
TOTAL LISTINGS ▲ 0.9% VS 202
MONTHS OF INVENTORY 4.0 SEL ERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
SALES
▲ 2% VS 202
▲ 2% VS 202
▲ 5% VS 202
Therewere349townhom elistingsin theCentral Okanagan in June,16% higherthan M ayand 0.9% above June2022.
Junetownhom esalesdecreased by29% m onth-over-m onth,to88,and were5% above June2022.
THISMONTH No.
PREVIOUSMONTH No.
PREVIOUSYEAR No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
Therewere4.0m onthsofinventoryfortownhom esin June,reflecting selers'm arketconditions.
$740,178 $709,750 4.0 88 349
124 301
1.4% 0.7% 63% -29% 16%
$722,490 $692,450 4.1 84 346
2% 2% -4% 5% 0.9%
$730,065 $705,000 2.4
Thetownhom em edian pricein Junewas$709,750,a0.7% increasefrom M ayand 2% aboveJune2022.
Theaveragesold pricein Junewas$740,178for townhom es,a1.4% increasefrom lastm onth and 2% above lastyear. ▶ AVERAGEDAYSTO SEL
▶ RECENTTRENDS
● SALES ● INVENTORY ● MEDIAN PRICE
350
352
367
349
346 342
342
341
312
50
301
286
258 273
44
124
88
80
84
70
56
58 62
49
52
25
36 38 38
$720,000 $700,000 $709,750
$692,450 $685,000 $664,575 $642,500
Jun-2022 M ay-2023 Jun-2023
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET <5
BALANCED 5-8
BUYERS'MARKET 8+
● SALES ● INVENTORY ● MONTHSOFINVENTORY
80
21.0
60
40
6.0
20
4.2
3.9 3.6
3.5
2.5 2.3
0.8
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 +
4 3 0.8
6 21 3.5
12 30 2.5
21 48 2.3
17 72 4.2
11 66 6.0
7 27 3.9
9 32 3.6
1 21 21.0
M onthsofInv. Inventory Sales
2
27
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