JANUARY 2025

NEW LISTINGS

#310 547 Yates Road (1 Bedroom | 1 Bathroom) - $387,500
#110 563 Yates Road (1 Bedroom | 1 Bathroom) - $408,800
#400 533 Yates Road (1 Bedroom | 1 Bathroom) - $355,000
#214 533 Yates Road (2 Bedroom | 2 Bathroom) - $470,000
#302 563 Yates Road (2 Bedroom | 2 Bathroom) - $485,000

SOLD LISTINGS

#201 533 Yates Road (1 Bedroom | 1 Bathroom)
#400 533 Yates Road (1 Bedroom | 1 Bathroom)
#404 571 Yates Road (2 Bedroom | 1 Bathroom)
#314 563 Yates Road (2 Bedroom | 2 Bathroom)
#107 571 Yates Road (2 Bedroom | 2 Bathroom)

AVERAGE PRICE (YTD)

1 Bedroom | 1 Bathroom - $347,500 ($388,488 in 2024)
2 Bedroom | 1 Bathroom - $395,000 ($427,500 in 2024)
2 Bedroom | 2 Bathroom - $474,000 ($468,434 in 2024)
3 Bedroom | 2 Bathroom - nil (nil in 2024)

AVERAGE PRICE PER SQ. FT (YTD)

1 Bedroom | 1 Bathroom - $576.75 ($561.29 in 2024)
2 Bedroom | 1 Bathroom - $511.66 ($545.63 in 2024)
2 Bedroom | 2 Bathroom - $438.75 ($491.71 in 2024)
3 Bedroom | 2 Bathroom - nil (nil in 2024)

MARKET INCREASE/DECREASE (YTD)

1 Bedroom | 1 Bathroom - ↓ 10.55%
2 Bedroom | 1 Bathroom - ↓ 7.60%
2 Bedroom | 2 Bathroom - ↑ 1.19%
3 Bedroom | 2 Bathroom - nil

AVERAGE DAYS ON MARKET (YTD)

1 Bedroom | 1 Bathroom - 60 (44 in 2024)
2 Bedroom | 1 Bathroom - 43 (48 in 2024)
2 Bedroom | 2 Bathroom - 51 (60 in 2024)
3 Bedroom | 2 Bathroom - nil (nil in 2024)

NUMBER OF LISTINGS (YTD)

0 Bedroom | 1 Bathroom - nil (1 in 2024)
1 Bedroom | 1 Bathroom - 3 (14 in 2024)
2 Bedroom | 1 Bathroom - nil (5 in 2024)
2 Bedroom | 2 Bathroom - 2 (27 in 2024)
3 Bedroom | 2 Bathroom - nil (0 in 2024)

NUMBER OF UNITS SOLD (YTD)

0 Bedroom | 1 Bathroom - nil (0 in 2024)
1 Bedroom | 1 Bathroom - 2 (8 in 2024)
2 Bedroom | 1 Bathroom - 1 (2 in 2024)
2 Bedroom | 2 Bathroom - 2 (16 in 2024)
3 Bedroom | 2 Bathroom - nil (0 in 2024)


Kyle B. Janzen, B.Comm
Personal Real Estate Corporation
Associate Broker at Oakwyn Realty Okanagan
A: 473 Bernard Avenue, Kelowna, BC V1Y 6N8
T: (778) 215-2784
E: kylebjanzen@gmail.com


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FEBRUARY 2025

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MARKET UPDATE (DECEMBER 2024)