cityofkelowna TOWNHOME|JUNE2023
TOTAL LISTINGS ▲ 1.5% VS 202
MONTHS OF INVENTORY 3.2 SEL ERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
SALES
- VS 202
▼ 2.5% VS 202
▲ 2% VS 202
Therewere203townhom elistingsin theCityofKelowna in June,9% higherthan M ayand 1.5% aboveJune2022.
Junetownhom esalesdecreased by25% m onth-over-m onth,to63,and were1.6% aboveJune2022.
THISMONTH No.
PREVIOUSMONTH No.
PREVIOUSYEAR No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
Therewere3.2m onthsofinventoryfortownhom esin June,reflecting selers'm arketconditions.
$725,808 $675,000 3.2 63 203
$751,179 $717,500 2.2 84 186
-3% -6% 46% -25% 9%
$725,994 $692,450 3.2 62 200
0% -3% -0.3% 1.6% 1.5%
Thetownhom em edian pricein Junewas$675,000,a6% decreasefrom M ayand 3% below June2022.
Theaveragesold pricein Junewas$725,808for townhom es,a3% decreasefrom lastm onth and 0% about the sam e aslastyear. ▶ AVERAGEDAYSTO SEL
▶ RECENTTRENDS
● SALES ● INVENTORY ● MEDIAN PRICE
200
197
204
200
202
200
203
192
186
48
164
47
155
151 146
84
63
62
44
41
42 39 39
40
31 32
22 25
23
$715,000 $698,150 $675,000
$692,450 $675,000 $640,000 $645,000
Jun-2022 M ay-2023 Jun-2023
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET <5
BALANCED 5-8
BUYERS'MARKET 8+
● SALES ● INVENTORY ● MONTHSOFINVENTORY
7.3
40
30
3.8
3.6
3.0
20
2.4
1.8 1.5
1.5
10
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 +
2 3 1.5
5 15 3.0
9 16 1.8
18 27 1.5
11 42 3.8
6 44 7.3
5 18 3.6
7 17 2.4
M onthsofInv. Inventory Sales
10
11
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