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How's The Market? For the Month of January 2008 REAL ESTATE ACTIVITY IN THE CENTRAL OKANAGAN | November 2007 | December 2007 | January 2008 | | Total Sales | 365 | 277 | 322 | | Res. Sales | 157 | 115 | 144 | | RESIDENTIAL STATS There were 144 residential sales and 349 new listings in last month, bringing total residential inventory to 933. The sell to inventory ratio is 15.43% and on average each unit took 80 days to sell. | TOWNHOUSE STATS There were 37 townhouse sales and 106 new listings in this month bringing the total townhouse inventory to 285. The sell to inventory ratio is 12.98% and on average each unit took 62 days to sell. | CONDO STATS There were 70 condo sales and 248 new listings in this month bringing the total condo inventory to 759. The sell to inventory ratio is 9.22% and on average each unit took 60 days to sell.
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LOT STATS There were 6 lot sales and 67 new listings in this month bringing the total lot inventory to 369. The sell to inventory ratio is 1.63% and on average each unit took 174 days to sell. | | |
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