Kelowna Real Estate Market News

The Kelowna Real Estate Buyers Survey Results are now out for September 2021.


First-time Buyers were much busier in the Market last month, together with both single Male and Single Female Buyers.


There were more local Buyers and we continued to see good numbers from the Lower Mainland and Vancouver Island.


There were also more Buyers buying in the Princeton/Keremeos areas, Summerland, and Penticton / Naramata.


Best describe your most recent Buyer (moving to/from property type)


First Time Buyer – 19.42% (12.74%)

Revenue Property Investor – 17.59% (20.75%)

Moving Up – 14.44% (14.62%)

Similar Property Type – 17.32% (20.75%)

Downsizing – 13.91% (10.85%)

Single-family Res to Strata – 4.99% (4.25%)

Recreational Property – 8.14% (8.96%)

Retirement Community – 1.84% (1.89%)

Strata to Single Family – 1.57% (4.01%)%


Describe the Buyer (family dynamic):


Couple without children – 21.41% (23.83%)

Two Parent family /children – 23.76%...

Read full post
Blogs
Posts By Date
Categories
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.