Monthly Report of South Okanagan Real Estate– It’s a BUYER’S Market.
Summerland Penticton South Okanagan Real Estate Agent and Home Star Realty Owner Raymond MAASKE , released today the latest market statistics for the South Okanagan for the month ending September 30, 2012.
The South Okanagan Real Estate region’s sales continue another month of strength as prices are at their lowest since 2006, low interest rates continue to offer relatively ‘cheap’ money and Calgary market is strong and the Greater Vancouver is only starting to ‘cool.
South Okanagan Real Estate Board Summary:
Ø Listings: 2877
Ø Units listed: 11% increase
Ø Reports Sales Dollars: 7% Increase
Ø Average Sell Price/Home: $339,968
Ø Days to Sell: 152 days
The South Okanagan Real Estate Board (SOREB) consists of Summerland, Osoyoos, Penticton, Princeton, Kaledan, Okanagan Falls, Keremeos, Naramata, and Oliver. Raymond MAASKE has been buying and selling Real Estate in the South Okanagan for almost 15 years.
Watch Market Update here: http://www.youtube.com/watch?v=doH3TlgsHts
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Please contact Summerland Penticton Okanagan Real Estate Agent Raymond MAASKE for FULL REPORT and more details:
Raymond MAASKE, BBA, CCC, ACRE, ATM-B
Summerland & Penticton, Okanagan, BC
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