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Okanagan Buyer Data – February 2016

Okanagan Buyer Data – February 2016

Property Type:

22.4%  First Time Buyers

17.1%  Move-Up Buyers

16.2%  Buyers Downsizing

13.6%  Relocating and Moving to a Similar Property Type

13.6%  Buying Revenue/Investment Property

7.5%   Moving from Single Family Home to Strata Unit

3.9%   Buying Recreation Property

3.1%   Moving from Strata Property to Single Family Home

2.6%   Moving into Retirement Home/Seniors Community

 

Buyer Type – Family Dynamic:

26.5%  Two Parent Family/Children

26.5%  Couple without Children

11.3%  Single Female

13.5%  Single Male

20.4%  Empty Nester/Retired

3%       Single Parent with Children

 

Moving From:

62.5%  Within Central Okanagan

14.7%  Lower Mainland/Vancouver Island

7.3%    Alberta

4.3%    Other Areas in BC

4.3%    Saskatchewan/Manitoba

3.9%    Outside Canada

2.2%    Eastern Canada/Maritimes

0.9%    NWT/Yukon

 

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Alexandra Axsen

Lake Okanagan Realty Ltd.

Managing Broker

Tel: (250) 870-2792

Fax: (778) 484-5252

506 Doyle Avenue

Kelowna, BC V1Y 6V8

Alex@LakeOkanaganRealty.com

www.LakeOkanaganRealty.com

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