
The start of February remained quiet, and suddenly Sellers started to list and a few more Buyers started to look, which will probably be a relief for Buyers and Sellers to hear!
On the Buyers side - affordability & levels of Inventory are a real challenge for some, and I have seen properties with Suites proving very desirable, as Buyers look for a 'Mortgage Helper'.
For example, a Single Family home in the Rutland area, early to mid $550's with a suite, had 4 offers on the first day of Listing!
On the Sellers side, some have had few or no showings over the last few weeks, so have been delighted to finally start to see some showing activity!
Kelowna & Central Okanagan Real Estate Sales February 2019.
Date |
Total |
Single Family |
Strata |
Lots |
Manuf |
|
Feb 19 | 275 | 133 | 119 | 11 | 12 | |
Jan 19 | 199 | 88 | 93 | 7 | 11 | |
Dec 18 | 200 | 107 | 77 | 6 | 10 | |
Nov 18 | 303 | 150 | 113 | 21 | 19 | |
Feb 18 | 358 | 156 | 170 | 14 | 18 |
We have finally seen an uptick in sales numbers! Overall sales were up...