
The Kelowna and Interior Buyer Survey Results are now out for May 2021.
First-time Buyers were busier again this month, and Buyers from the Lower Mainland & Vancouver Island are also continuing to purchase homes in this area.
Please read the full report below.
Best describe your most recent Buyer (moving to/from property type)
First Time Buyer – 17.65 % (14.47%)
Revenue Property Investor – 12.33% (13.05%)
Moving Up – 15.75% (16.82%)
Similar Property Type – 22.77% (18.24%)
Downsizing – 10.82% (15.41%)
Single-family Res to Strata – 2.66% (5.35%)
Recreational Property – 9.87% (9.12%)
Retirement Community – 2.09% (1.89%)
Strata to Single Family – 3.61% (2.67%)
Describe the Buyer (family dynamic):
Couple without children – 24.95% (24.77%)
Two-Parent Family /children – 28.17% (28.02%)
Empty nesters or retired – 18.34% (18.58%)
Single female – 13.61% (12.54%)
Single male – 12.48% (10.84%)
Single parent with children – 1.32% (2.94%)
Where did Buyer move from?
From within Association area – 48.41% (49.38%)
From Lower Mainland/Island – 24.77% (24.84%)
From Alberta – 12.01% (13.20%)
From other Areas BC – 7.5% (4.81%)
From E Canada/Maritimes – 5.63% (4.19%)
From Sask./Manitoba – 0.75% (2.48%)
From outside Canada – 0.75% (1.09%)
From the NWT/Yukon – 0.19% (0.00 %)
In what area was the property purchased?
Kelowna/West Kelowna – 46.99% (42.44%)
Vernon/Coldstream – 15.98% (19.91%)
Central Ok (outside K/WK) – 5.26% (5.25%)
Salmon Arm – 3.76% (5.71%)
North Ok (outside V/CS) – 4.32% (4.63%)
Shuswap/Rev (outside SA) – 8.27% (6.64%)
Oliver/Osoyoos – 5.08% (6.02%)
Princeton/Keremeos – 0.56% (0.77%)
Summerland – 0.75% (1.54%)
Penticton/Naramata – 7.14% (6.33%)
Dawson Creek – 1.88% (0.62%)
Chetwynd/Tumbler Ridge – 0.00% (0.15%)
Kind Regards
Trish Cenci
Tel 250 864 1707
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