Tuesday, 1 June 2010

June 2010 Newsletter

Almost half way through the year!

I can’t believe we are already half way through the year, it really seems to have flown by!

It has certainly been a busy time for me following my recent office move, to Coldwell Banker Horizon Realty and it has certainly been a tough 6 months in Real Estate sales in Kelowna.

I am pleased to say that whilst the actual Real Estate sales figures for May 2010 do not reveal any really noticeable increase, market activity has certainly been much greater, and there is definitely more evidence of buyers coming in to the market to make offers.
I therefore anticipate that we will see a flurry of sales in June.

May 2010 Central Okanagan Real Estate Stats

Type         Total      S. Fam      Strata      Lot      Manuf

May 10     384        209            134         19         22

Apr 10     391         217            128         28        18

Mar 10    356         194            119         24         19

May 09    369        217             132         11          9

As you can see, interestingly there has been a slight drop off in sales during May with Single Family Home and Lot numbers falling.

Of the Strata sales, only 2 were over $600,000 with 8 Single Family homes over $1m and 34 homes over $600,000.

I certainly seems that people have been holding back on their Real Estate purchases, possibly waiting to see what interest rates were going to do.

Well, now we have our answer, a quarter point increase, which I suspect was something no one would have taken bets on!

And Finally …

Just in case you did not receive my new contact information recently, I have now published it again below-:

Coldwell Banker Horizon Realty

Quail Office -:

3A, 3185 Via Centrale

Kelowna, BC, V1V 2A7

Cell 250 864 1707

Office Tel 250 765 4282

Fax 250 765 4282

My e.mail – trishcenci@shaw.ca

My web site – http://www.mykelownarealetstate.com/
Twitter - http://www.twitter.com/AKelownaRealtor/

Downtown Office

Coldwell Banker Horizon Realty

#14-1470 Harvey Ave.

Kelowna, BC V1Y-9K8

Office: (250)860-7500

Toll Free: (888) 535-6962

Fax: (250)868-2488

Email: horizon@kelownarealestate.com

Kind Regards

Trish Cenci

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