A GREAT WEEK OF HOME SALES TO FINISH OFF JUNE IN THE PENTICTON REAL ESTATE MARKET!
26 properties SOLD in PENTICTON this past week. That’s UP 4 sales from a week ago (22), and UP 9 sales (17) for the same time period one year ago. The highest priced transaction was a Condo on the South side of Penticton which sold for more than $1,050,000. The difference between the average listing price and the ACTUAL negotiated sales price this past week ended up at 97%, with JUST 5 of the 26 properties selling at or over their stated listing price. Inventory levels in the City of Penticton continue to be advantageous for those looking to buy! We now have 568 properties (of all types) “For Sale” right now in the city compared to 427 homes this time last year – that’s an increase in inventory of +33% year over year. Buyer’s (at this moment in time) have a STRONG advantage in today’s real estate marketplace.SALES by property type for the 26 properties SOLD this past week (June 24 – June 30). Breakdown is as follows:
- 1 Mobile Home
- 3 Half Duplexes
- 4 Townhomes
- 6 Condos
- 12 Single Family Homes
- 2 Mobile Homes
- 4 Half Duplexes
- 6 Lots
- 7 Townhomes
- 11 Condos
- 28 Single Family Homes
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