Its that time again where we give you an update on the average home prices for the Okanagan region. As you may have guessed, the prices for everything from condos to single family homes have increased in comparison to this time last year. We’ve seen a rise of roughly $61,000 for average home prices from October 2015 to October 2016.
With inventory and interest rates both being at an all time low, home prices will continue to rise well into early spring at least. This is a great time to put your home on the market as sellers are getting roughly 98% of asking prices and at all time highs.
Need a professional real estate agent to help you?
Call JP Letnick at 778 363 1314 today!