Kelowna Real Estate Blog – Paige Guernsey

Great deals for buyers in Kelowna

Posted by paige on April 28, 2011 | No Comments

Although overall sales for Kelowna real estate are down, there’s been some healthy sales happening!  In the last 2 months we’ve had 7 homes sell under $400K in the Kelowna North, Glenmore neighborhoods.  This bright and cheery older home in Glenmore with new kitchen and windows sold for $365,000. There is a park, tennis courts and great schools nearby.

This newer home pictured below in North Glenmore recently sold for $375,000. Built in 1994, a few cosmetic updates will bring it up to date and the fenced private yard is fantastic!  Close to all ammenities including some easy to advanced walking/hiking trails, this house is a winner!

If you’re looking for something new with no HST and still have all the fantastic ammenities the above houses have, check this listing out.  Unique and beautiful open plan 2 bedroom 2 full bath townhouse with spacious deck, magnificent views, and upgraded interior. Concrete soundproofing, granite, stainless appliances, hardwood & tile are top notch for this very central location. 

Call me on my direct line to learn about successful strategies for buying a house at the best price possible. Paige Guernsey at 250-862-6464.

Talk to you soon…

Paige

First quarter 2011 real estate update

Posted by paige on April 7, 2011 | No Comments

The numbers are in for Kelowna real estate… total sales in the first quarter were down 21%.  979 sales in the first quarter 2010 compared to 771 in the first quarter 2011.  As inventory grows steadily each month - 861 new listings in January, 1,016 in February, and 1,122 in March we could see a buyers market emerge again.   The condo market lags behind single family residential with just over 5% of total listings selling in the first quarter vs. just over 10% of the single family listings securing a sale. With 99 days being the average time to sell, townhomes are almost on par with single family residential that took, on average, 94 days to sell between January and March this year.  Buyers are upbeat and are still enjoying low interest rates and ample inventory.  Sellers prepared to use facts to their advantage are selling while those “hanging on” for prices to rise are getting left behind. Check out March 2011 stats here.

For more information on buying and selling property in Kelowna, please call or text me on my direct line at 250-862-6464.

Talk to you soon…

Paige