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Kelowna real estate Statistics show Healty growth pattern

Posted On: 2009-08-10

According to recent real estate statistics for the Kelowna area both sales and the average selling price for a home is up.  On average the number of sales of residential homes and condos have risen every month since January of this year.  Prices have risen too and are at about the same as March of 2008. The average house price for Central Okanagan is $483,183. Inventory has remained fairly constant for the last few months too.  What does this all mean?  It means a more balanced market for both buyers and sellers that promotes a healthy growth pattern in the real estate industry.

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