Monday Market Report June 2 – June 9, 2019

MAKE IT SIX WEEKS IN A ROW WITH AT LEAST 2O HOMES BEING SOLD IN PENTICTON!…………That’s right, we had another 23 properties change hands this past week versus 20 homes sold the week prior. Total value of this week’s 23 transactions was just over $9.7 million dollars, compared to $8.8 million the prior week. The highest priced sale was a Single Family home in Uplands / Redlands which sold for more than $950,000. 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……It’s a great time to buy a home in the South Okanagan! Here was the sales breakdown for this past week (June 3rd to June 9th):
  • 1 Mobile Home
  • 1 Half-Duplex
  • 4 Townhomes
  • 7 Condos
  • 10 Single Family Homes