A GREAT WEEK OF SALES IN THE CITY OF PENTICTON!
In total, 42 homes changed hands this past week, UP 11 home purchases vs. the week prior. The TOTAL value of these 42 transactions was just over $25 million dollars compared to just under $21 million in sales the week prior. The highest priced property sold was a Single Family Home in Naramata which fetched more than $2.4 million dollars. The difference between the listing price and actual sales price for the week was 100%. 29 of the 42 homes did sell AT OR OVER asking price. I would say that sales volumes are now relatively “SEASONAL” for this time of year, but the “Average Selling Price” still tell me that SELLERS have the upper hand in the market .
Here’s a breakdown of sales by type of property for this past week (May 24th – May 30th).- 1 Fourplex
- 4 Half Duplexes
- 8 Townhomes
- 14 Condos
- 15 Single Family Homes