Here is my latest market performance report for Real Estate in Quail Ridge & the University District of Kelowna during January to March 2022,  based on MLS® listings & sales, together with my analysis of what to look out for in the coming months.

Quail Ridge / University District Real Estate

January 1, 2022, to March 31, 2022.

Sales Numbers

Summary for 3 Months January to March 2022 compared to 2021.

- Total MLS® Sales are down 2%.

- 22% decrease in Single Family Homes sales.

- 6% decrease in Condos sales.

- 71% decrease in Townhome Sales. 

Homes - sales range $948,000 - $1,675,000.

Town Home - sales range $624,900 - $935,000

Condos - sales range $330,000 - $620,000.

Single Family Homes

Listings are traditionally quite low at this time of year in the Quail Ridge / UBCO area, as traditionally Sellers tend to put their homes on the market in Spring & Summer. 

There have been some homes on the market this fall and winter, and there are currently...

This report details the market performance of Real Estate in Quail Ridge & the University District of Kelowna during the last 12 months, based on MLS® listings & sales.

There are details for each sector i..e. Single Family Homes, Condos & Townhomes together with my forecast for 2022.

Quail Ridge / University District Real Estate

January 1, 2021, to December 31, 2021.

Sales Numbers

Summary for 12 Months January to December 2021 compared to 2020.

- Total MLS® Sales up 125%.

- 41.2% increase Single Family Homes sales.

- 216% rise in Condos sales.

- 63.6%% increase in Townhome Sales. 

Homes - sales numbers were up & ranged between $850,000 & $1.749m last year.

Town Home - there were very few townhomes for sale in Quail Ridge last year, so the numbers were dominated by sales in the Academy...

This report details the market performance of Real Estate in Quail Ridge & the University District of Kelowna during the last 12 months, based on MLS® listings & sales.

There are details for each sector i..e. Single Family Homes, Condos & Townhomes together with my forecast for 2021.

Quail Ridge / University District Real Estate

January 1, 2020, to December 31, 2020.

Sales Numbers

Highlight Summary for 12 Months Jan - Dec 2020 compared to 2019.

- Total MLS® Sales up 20.7%.

- 47.8% increase Single Family Homes sales.

- 6.5% fall in Condos sales.

- 69% increase in Townhome Sales. 

Homes - we saw sales in all price ranges, and numbers were bolstered as we started to see some re-sales in University Heights.

Town Home - sales in the new Academy Ridge Town Home complex resulted in a significant rise...

Are you looking to purchase a Condo or Townhome near UBCO this year and aren't able to visit Kelowna to view?

Check out Trish's video below on how to purchase 'virtually'.

Kind Regards

Trish Cenci

Tel 250 864 1707

This report details the market performance of Real Estate in Quail Ridge & the University District during the last 12 months, based on MLS® listings & sales.

You will find details of each sector i..e. Single Family Homes, Condos & Townhomes together with my forecast for 2020.

Quail Ridge / University District Real Estate

January 1, 2019, to December 31, 2019.

Highlight Summary

- Total MLS® Sales up 7.9%.

- 1.5% fall in Single Family Homes sales.

- 2.1% fall in Condos sales.

- 650% increase in Townhome Sales. 

Homes - continued to be affected by the Mortgage Stress Test, and homes, (typically under $800,000) with suites or the potential for suites generally sold more easily than those without.

Town Home - numbers were boosted by an increase in sales in Bella Sera & there were 2 Sales in Fairway...