The May long weekend marked the unoficial beginning of summer in Osoyoos. The town was filled with people; boats and water skiers returned to the lake and the sunshine has been with us ever since. With temperatures in the low 30's, summer has begun!!
The real estate market continues to strengthen. Sales continue to increase slowly and steadily. Showings have increa ...
While it is not yet month end, there has been a noticeable increase in buyers in town. Residential home sales as of today are up from 3 last month to 8 this month. Sales are generally in the lower priced homes and are more current listings in which the asking price reflects the current market.
We still have some excellent buys on high end lakefront condo/townhomes. ...
As the weather improves more people are viewing properties. Although the statistics do not show much in the way of sales, there certainly is more interest.
In March there were 3 residential sales, half the number from the same time period last year. In general, sales in the area are down by 50% while listings are on the rise. We currently have 295 residential listings, u ...
February 2009
There is no doubt that we are in a slow down. Compared to this time last year, sales are almost half of what they were. The average time to sell a house in Osoyoos has increased from 131 days at this time last year to 188 in 2009 and an average of 305 days to sell a condo/townhouse compared to only 93 days at this time last year. In addition, the average ...