- 57 Residential homes were sold in November. Last year we sold 50 homes.
- We have sold 790 homes in 2019. Last year we sold 873 homes in the same period. That’s a decline of 10% in home sales.
- YTD Residential sales just surpassed $340 million dollars. That’s a decrease of $32 million dollars (-9%) vs. 2018.
- The average Single-Family Home in Penticton is now worth $549k. Last year, the same Single-Family home was selling for $575k.
- 81 new listings hit the Penticton real estate market in November.
- There are currently 394 “active” residential listings in Penticton. Last year we had 455 listings.
- The housing market has softened in 2019 with the inventory levels telling me that we have moved into a “Balanced” Market now.
