ANOTHER STRONG WEEK OF SALES SEEN IN PENTICTON AND NOW FIVE WEEKS IN A ROW WITH AT LEAST 2O HOMES BEING SOLD!…………In total, 20 properties changed hands this past week versus the 30 homes sold the week prior. So far, we have sold more than 110 properties in May! Total value of this week’s 20 transactions was just over $8.8 million dollars, compared to $12 million the prior week. The highest priced sale was a Single Family home in Husula / West Bench which sold for more than $975,000. The variance between list price and actual sales price was 97%….right in the middle of the consistent average seen between 96% and 98% each and every week. The housing market is still very much “balanced” in Penticton at this time.

Here was the sales breakdown for this past week (May 27th to June 2nd):

  • 1 Mobile Home
  • 1 Lot
  • 1 Full-Duplex
  • 2 Townhomes
  • 6 Condos
  • 9 Single Family Homes