February 2016 Central Okanagan Statistics

Central Okanagan Statistics for February are showing an 8% increase in sale, along with the median price of a home is up 15%.

If you have questions, please call Paige 250-862-6464.

Record December Housing Demand Leads to Near Record Year

The Okanagan Mainline Real Estate Board (OMREB) reports that MLS® residential sales posted a record for the month of December at 444 units, up 6.7% from December 2014. Last month’s results contributed to 2015 being the busiest year since 2007, when a record 8,702 annual transactions were counted. A total of 7,988 residential sales were recorded for 2015, up 6.2% from the 7,525 sales in 2014.

Here is 2015 Statistics. 

To view additional stats visit: http://omreb.com/page.php?sectionID=2