Wednesday, 11 April 2012

HIGGINS REPORT ON THE MARKET: CENTRAL OKANAGAN MONTHLY STATISTICS FOR MARCH

Stats Comparison 2011 vs. 2012 - March
Number of Sales by Month
March 2011                      March 2012
             356                                   351

Number of Sales Year to Date
March 2011                      March 2012
             818                                   850

Residential House Prices by Month
March 2011                      March 2012
Average    $492,398                       $456,568
Median     $439,000                       $415,000

Residential House Prices Year to Date
March 2011                      March 2012
Average     $463,915                       $439,745
Median      $425,000                       $410,000

Number of Units Listed
March 2011                       March 2012
             1,118                                 1,106

Days to Sell by Month - Residential
March 2011                        March 2012
             80                                       92

Days to Sell Year to Date - Residential
March 2011                         March 2012
             89                                        92

Single Family Sales by Price
Year to Date - January to March 2012

Price range                                 2011                      2012
$0 - $239,999                                11                          12
$240,000 - $319,999                       42                          53
$320,000 - $399,999                     112                        123
$400,000 - $479,999                     101                          87
$480,000 - $559,999                       74                          64
$560,000 - $999,999                       62                          58
$1 million and over                            8                            3

Active Inventory
Central Okanagan - March 2012
Res.                                   1,524
Condo.                                 945
Mobiles                                229
Lots                                      572

Based on MLS® Active Listings & Sold Units as Reported by OMREB in 2011 for Central Okanagan.

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