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July 29 Central Okanagan Market Update

July 29th, 2021
July 26, 2021 Peachland Market Update We are in the height of summer, with fully booked hotels, motels, BnB’s & other vacation rentals that are now fetching premium prices for nightly rates. Anyone for $450/night for a 3- star motel?! This past Saturday in Kelowna there were lineups for most downtown restaurants that went well past 8 pm. So many across BC and Alberta have been waiting ...

June 2021 Peachland Real Estate Market Update

June 22nd, 2021
June 2021 Peachland Market Update The residential real estate market is still in “Seller’s Market” territory and will likely remain so for the balance of the summer, it too early to tell what headwinds may arise in the fall.While the panic buying of Feb/March/April has somewhat subsided, the right priced property for sale will still get multiple offers, but more like 2-3 offers versus ...

Recent Peachland Homes Sales

February 16th, 2021
Home sales in Peachland have been very strong so far in 2021, with many listings getting multiple offers and many sale prices well above asking price.Here is a list of homes that have sold in Peachland so far in 2021. Address Asking Price Sold Price Days On Market #205 3996 Beach Avenue  $474,900  $465,000  153 #207 3996 Beach Avenue  ...

Where do buyers come from?

January 30th, 2021

2020 Market Report Central Okanagan

January 14th, 2021
Real estate services were considered an essential service during the pandemic, so as realtors we would screen clients and wear masks and gloves or hand sanitizer in order to view a home. Once the lockdown ended the market went a bit crazy with latent pent up demand. In spite of the Covid-19 pandemic, the real estate market in Peachland and the Central Okanagan was very strong. Low inventor ...

Peachland Condos and Apartments For Sale - December 3

December 3rd, 2020
There are currently 11 condos and apartments for sale in the Peachland area. They range in price from $474,900 for a 2 bedroom condo at 205 3996 Beach Avenue  to $1,750,000 for a 3 bedroom condo at 502 5760 Beach Avenue . The average price of a condo or apartment in the Peachland area is $878,315 and the median price is $765,000. The average days on market of a Peachland area condo or apart ...

Peachland Townhouses For Sale - December 3

December 3rd, 2020
There are currently 16 townhouses for sale in the Peachland area. They range in price from $384,900 for a 2 bedroom townhouse at 302 4912 Princeton Avenue to $1,045,000 for a 2 bedroom townhouse at 6 4364 Beach Avenue. The average price of a townhouse in the Peachland area is $719,838 and the median price is $742,350. The average days on market of a Peachland area townhouse is 168 days and ...

Peachland Houses For Sale - December 3

December 3rd, 2020
There are currently 23 homes for sale in the Peachland area. They range in price from $539,900 for a 5 bedroom home at 6234 Sanderson Avenue  to $2,988,000 for a 6 bedroom home at 7220 97 Highway . The average price in the Peachland area is $1,224,622 and the median price is $1,074,999. The average days on market of a Peachland area house is 81 days and the median days on market is 49 days. ...

Kelowna Townhouses and Townhomes For Sale - November 4

November 5th, 2020
There are currently 195 townhouses for sale in the Kelowna area not including West Kelowna. They range in price from $276,900 for a 2 bedroom townhouse at 123-1 7841 97 Highway in the Lake Country East/Oyama area to $1,754,000 for a 3 bedroom townhouse at 2755 Abbott Street in the Kelowna South area. The average price of a townhouse in the Kelowna area is $654,912 and the median price is $59 ...

Kelowna Condos and Apartments For Sale - November 4

November 5th, 2020
There are currently 410 condos and apartments for sale in the Kelowna area. They range in price from $60,000 for a 3 bedroom condo at 154 1288 Water Street in the Kelowna North area to $2,788,880 for a 3 bedroom condo at 501 450 Groves Avenue in the Kelowna South area. The average price of a condo or apartment in the Kelowna area is $467,147 and the median price is $397,000. The average day ...
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