Okanagan Foreclosure Properties and MLS Listing Inventories for August 2009

Current listing inventory as of August 28,2009:

Single Family Dwellings - 2091 properties including 12 pending offers

Strata - Condos - 1073 properties including 3 pending offers

Strata - Townhomes - 505 properties including 8 pending offers

Manufactured Home - 229 including 1 pending offers

Lots/Acreages - 937 properties including 4 pending offers

Total properties for sale - 4,835 (total inventory increase of 0.62% from last month)

There are a total of 45 foreclosures amongst the entire listing inventory. That is an overall change of one listing to the total number of foreclosures from July/09 to August/09.

Current foreclosures in the Central Okanagan listings represents 0.9% of the total listing inventory!

The breakdown is as follows:

2 Lots and Acreages ($445,000 and $590,000)

32 Single Family Residential ($250,000 to $2.295 Million)

10 Strata Properties ($189,900 to $999,000).

There is currently one pending sale on a foreclosure property in the Joe Rich area.

If you would like a detailed list of current foreclosures in Kelowna and its surrounding areas please contact me at (250) 808-7700 or jason.neumann@century21.ca

Sincerely,

Jason Neumann