#kelowna real estate
Re / Max Kelowna Independently owned and operated
Kelowna real estate is an excellent investment and offers many types of properties from lakeshore homes to lakeview and mountainview homes, lots, single family, condos, farms and acreages. Barry Gellner lives and works in the Kelowna real estate market and has spent the last 25 years as a Realtor, Home Selling and Home Buying for his many customers. Delaine grew up in Kelowna, has worked in the industry for the past 10 years and offers her clients top notch service. Service is the key to any agents success. Don’t settle for less than the best service when you are ready to make a move.
With the current Baby Boomers retiring, there is no end to the potential of a Real Estate in the Okanagn valley. The Kelowna area is currently experiencing excellent market conditions with many buyers watching and waiting for the right property to hit the market, the seller are enjoying a much more stable market than the past 5 years with lower inventory and more buyers looking.
Prices in Kelowna have increased over the past 2 years and market is turning from a buyer’s to a seller’s market.
Our average residential price had declined about 20% after the peak in April 2008. 2009 saw the market drop significantly (over 20%), then recover about 1/2 of the loss towards the end of the year. From 2010-2013 we saw a flat market with very little change in the average residential price point. As in past cycles, 2014 and 2015 have experienced small 4-5% price increases with a drop in inventory and a higher demand than previous years.
If the past tells us anything, we should see a steady diet of less inventory and higher demand for at least 5 years for residential housing in our area which will fuel price increases and turn from a buyers market to a full blown sellers market. Don’t wait! That’s our opinion!
Barry and Delaine offer a very innovative marketing plan using all of the latest technology and marketing expertise, a wealth of experience in all facets of Real estate, and promise an enthusiastic team of professionals that take great pride in their ability to get the job done right! Top dollar for our seller and great advice to our buyers.
If you are looking for honesty hard work and a no pressure approach to buying or selling Real Estate, call us. we can help!
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