A BIT OF A DROP-OFF IN SALES PRODUCTION THIS WEEK……BUT IT’S STILL TURNING OUT TO BE A VERY PRODUCTIVE MONTH FOR HOMES SALES HERE IN PENTICTON! In total, we sold 11 homes in the past seven days, which is 14 fewer sales (25) vs. the output of homes sold the week prior. THE TOTAL VALUE of these 11 purchases was just over $4 million dollars, which is $9 million less ($13 million) vs. the week before. The highest priced purchase was a Single Family home in Sendero Crescent (Columbia/Duncan) which sold for more than $670,000. The difference between listing price and sales price was 96% for the week. If you have been following this weekly post, then you UNDERSTAND that this could very well be the BEST time to buy your new home!
Here’s the breakdown of sales by property “type” for this past week (February 17th to February 23rd)
- 1 Building Lot
- 1 Mobile Home
- 1 Townhome
- 3 Condos
- 5 Single Family
Remember…If you’re thinking of Buying or Selling the South Okanagan, please give me a call at 250-328-5138 to see how YOU fit into today’s real estate market!