December Market Snapshot

Out With A Whimper - Sort Of 

North Okanagan Items of Note for December:

  • Sales Prices get a little weird
  • Sales remain sluggish - lowest Dec Unit Sales since 2012
  • The North Okanagan remains in a Balanced Market.

While North Okanagan Unit Sales were only down slightly Year-over-Year (59 vs 63) sales are still very sluggish with Dec 2023 coming in 39% below the 10-Year Average of 97 Unit Sales.  The last time we saw sales this slow was in 2012 when only 50 Unit Sales were recorded.  Going all the way back to 2002 only 2012, 2010 (55 sales) and 2008 (39 sales) saw fewer sales than 2023.

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