marketing report: March Market was Marching Right Along!
- 04/08/21 03:26 PM
Well, what a week and month it has been. It feels like we are starting April off just like last year with restaurant dine-in stopping for a while,but I do not want to go down that path with this email so let’s look at the positives of the past year. One of the main things that I have noticed is the amount of time families are spending together.We see it in our neighborhood every day. Families out for a bike ride, a walk or skating on Green Bay when it froze over this winter. It’s nice to see kids having some quality … (11 comments)
marketing report: October Market Report.
- 11/08/20 01:39 PM
So here we are Halloween is done, Daylight Savings is a memory speaking of memories, it is time for us to remember those on Remembrance Day that served and gave their lives for us. Then it will be time for Christmas decorations in the stores and Christmas songs everywhere. Are you ready for this last part of the year? Will it be different from past years? It looks like we will all be trying to figure out how to approach it this year. From a real estate perspective, as I have mentioned in several newsletters recently, it has been surprisingly busy the last 5 months. Things usually … (10 comments)
marketing report: September Real Estate Review.
- 10/18/20 07:39 PM
The real estate business just keeps on churning out deals. An unusual year, to say the least! The good weather we are having is certainly helping but who would have expected the current level of activity through the summer and continuing into October? Low inventory seems to be one big factor, low interest rates is another, but beyond that, it becomes a guessing game. Local buyers are certainly active but we are seeing unusual numbers of Canadians from places outside of the valley buying property - in town and at Big White. The questions are, how long will this continue and what … (10 comments)
marketing report: Market Report for February 2020
- 03/04/20 06:23 PM
With highs of +9C and some sunshine to mark a welcoming start to the first week of March. It should be safe to say the cold winter is behind us and the weather we are all used to is right around the corner. On another positive note, housing is doing remarkably well in our marketplace. Units sold up 8.9%, number of sales YTD up 16.4%, residential house prices average up 9.8% and median up 6.5% and units listed were all up February this year compared to last February. Sales of properties listed below $440,000 declined but all price ranges above this rose … (10 comments)
marketing report: January 2020 Market Report.
- 02/19/20 06:58 AM
What a way to be welcomed into February. A warm and rainy start thanks to a pineapple express that is making its way through the Okanagan. I have to say it’s better than the bone chilling start to February that we had last year. January has been quite the month, even though we seemed to have snow piling up everyday the real estate market continued to be busy and show signs of improvement. Two notable things that have happened over the past few months are; inventories are down, and average and median single-family home prices are up. Good news for those wanting … (6 comments)
marketing report: How's the Market You Ask?
- 07/05/19 05:55 PM
Happy Canada Day Okanagan! Summer officially kicked off with tens of thousands of people attending Canada Day Celebrations in downtown Kelowna, West Kelowna and all over the Valley. From a huge multicultural display of food at Prospera Place, to live music and a fireworks display, Canada Day Celebrations were a success. Speaking of successes, June 28th kicked off the West Kelowna 2019 RE/MAX sponsored “Music in the Park” held weekly at the Annette Beaudreau Amphitheatre in Memorial Park located at 3737 Old Okanagan Hwy. If interested in grabbing a snack and watching Okanagan artists set against Okanagan Lake this summer be … (0 comments)
marketing report: OUR MARKET JANUARY 2019
- 02/11/19 06:42 PM
HERE ARE SOME OF THE JANUARY 2019 NUMBERS: • The average single-family home price in January 2019 decreased to $688,886 from $699,352 compared to January 2018. • Residential days on market has increased by 3% to 77 days in January 2019 compared to 75 days in January 2018. It’s taking longer to sell now! We now have 9 months of residential inventory. • The number of total sales has decreased by 40% to 216 units for the month of January 2019 compared to 363 units in January 2018. • Number of units listed has increased 24% to 787 units listed in January … (11 comments)
marketing report: October Market Report.
- 11/13/18 05:40 PM
Another time change signals a change in the season that everyone, but the skiers, dread. We have had a fantastic Fall, with lots of sunshine and warm days over the last month or so. We will only truly understand how nice the Fall was when we taste the 2018 vintages of red wine from the Valley. One of the things that I have noticed this Fall is the color of the trees. One of the most colorful I can remember for a long time. We always talk real estate in these news letters every month and I‘ll get to it in … (4 comments)
Well, what a week and month it has been. It feels like we are starting April off just like last year with restaurant dine-in stopping for a while,but I do not want to go down that path with this email so let’s look at the positives of the past year. One of the main things that I have noticed is the amount of time families are spending together.We see it in our neighborhood every day. Families out for a bike ride, a walk or skating on Green Bay when it froze over this winter. It’s nice to see kids having some quality … (11 comments)
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