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December Real Estate Update

Posted by Annette Denk on Wednesday, December 18th, 2019 at 10:04am.

For me this year has gone by very fast and hopefully it was a very successful one for you on a personal and business level. It is always fun to reflect on what we have accomplished and what we would like to change in the new year.

It is hard to stay in touch with everybody as our lives are consumed with so many tasks and demands but know how much I appreciate your continued support.

I had a busy November in regard to Sales and it feels that Buyers are looking again more.

Here are our average prices:

Central Okanagan:
Condos 402,589   Townhomes  534,407   Lots  443,106    Homes  752,004    Days on the market  72

Average Price compared to a year ago is down 0.50%, but Waterfront homes down 32.28%

North Okanagan:
Condos 205,914   Townhomes  366,974   Lots  293,400    Homes  547,131    Days on the market  92

Average Price compared to a year ago is up 2.84%, Waterfront homes down 18.56%

I believe our market for next year will be more balanced and slightly more active compared to this year.

I am always grateful and never take anything for granted and with this note I want to thank all my loyal clients contributing to my business, your trust and referrals are so much appreciated.
 
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Annette Denk  - serving Kelowna – Lake Country - Vernon – Silver Star

Move Okanagan – Real Estate That Will Move You
www.moveokanagan.com

Quote of the day: Honesty is more than not lying. It is truth telling, truth speaking, truth living, and truth loving.

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