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Local Residential Market Continues Climb Ahead Of Spring Bloom

Posted on Mar 05, 2020 in Market Statistics

Residential sales across the region of Revelstoke to Peachland totaled 435 in February, up from January’s 375 sales and 6% more than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).

New listings, which totaled 939, increased 24% compared to last month while overall active listings increased almost 7% over January’s invent...

2020 Residential Market Off to a Strong Start

Posted on Feb 05, 2020 in Market Statistics

Residential sales for January totaled 375 units across the region of Revelstoke to Peachland and saw a 20% increase compared to the same time last year marking a positive start to 2020, reports the Okanagan Mainline Real Estate Board (OMREB).

New listings nearly doubled December’s count, with 758 compared to 446 last month, which is common seasonal

m...

Local Residential Real Estate Market Ahead Of Forecasted Pace

Posted on Jan 05, 2020 in Market Statistics

Residential sales for December across the region of Revelstoke to Peachland greatly exceeded December 2018’s sales by 23%, however came in shy of November’s 527 sales showing a decrease of 24%, reports the Okanagan Mainline Real Estate Board (OMREB).

The rebound in residential sales should help to mitigate the recent declines in property tax assessm...

High-end Sales Gives Residential Real Estate Market A Push

Posted on Dec 06, 2019 in Market Statistics

Residential sales across the region of Revelstoke to Peachland totaled 527 in November, down from October’s 625 units sold yet up 14% compared November 2018 sales, reports the Okanagan Mainline Real Estate Board (OMREB).

The average residential price in November rose 13% over October’s average price coming in at $586,159 and surpassed last year Nove...

After Strong Recovery, Residential Real Estate Market Flattening Out Ahead of Winter

Posted on Nov 05, 2019 in Market Statistics

Residential sales across the region of Revelstoke to Peachland totaled 625 in October, down from September’s 652 sales and just 2% fewer compared to the 639 units sold in October 2018, reports the Okanagan Mainline Real Estate Board (OMREB).

New listings dropped below last month’s 1,046 by 10.5% resting at 936 new units listed this month. The supply...

Local Residential Real Estate Market Staying The Course For Autumn

Posted on Oct 05, 2019 in Market Statistics

Residential sales across the region of Revelstoke to Peachland totaled 652 in September, down from August’s 725 sales, yet 11% higher than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).

On par with markets across the province, new listings took a slight dip from last month’s 1,246 with only

1,046 new inventory reported t...

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