the kelowna rennie advance | July 2024

highlights • O n am onth-over-m onth basis,m edian sold pricesin theCentralO kanagan (averaged acros hom e types)roseo.3%.Them edian sold pricefortownhom eswasup 1.6% (to$711k),folowed bya 1.0% increase(to$995k)fordetached hom es.In contrast,them edian sold priceforcondoswas down 1.7% (to$443k)m onth-over-m onth. • O n ayear-over-yearbasis,m edian sold pricesw ereup 0.3% (averaged acros hom etypes).M edian detached pricesand m edian townhom epriceswereup 3% and 2% ,respectively,whilem edian condo pricesweredown 4% year-over-year. •

CENTRALOKANAGAN THERENNIEADVANCE median prices

JUNE 2024

$1,200,000

Central Okanagan

$1,000,000

$995,000

$800,000

$600,000

+ 3% vsJun 2023

$400,000

DETACHED median salesprice

$200,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● June

$1,000,000

Central Okanagan

$800,000

$711,000

$600,000

$400,000

+ 2% vsJun 2023

TOWNHOME median salesprice

$200,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● June

$600,000

Central Okanagan

$500,000

$442,500

$400,000

$300,000

- 4% vsJun 2023

$200,000

CONDO median salesprice

$100,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● June

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