CENTRAL OKANAGAN MARCH REAL ESTATE STATISTICS:
Property Type:
20.2% by First Time Buyers (down from 22.4% in February)
19% by Move-Up Buyers (up from 17.1%)
16.5% by Buyers Downsizing (up from 16.2%)
15.6% by Relocating and moving to similar property type (up from 13.6%)
12.1% buying Revenue/Investment Property (down from 13.6%)
7.2% moving from Single Family Home to Strata Unit (down from 7.5%)
4.4% buying Recreation Property (up from 3.9%)
3.4% moving from Strata Property to Single Family Home (up from 3.1%)
3.4% moving into Retirement Home/Seniors Community (up from 2.6%)
Buyer Type (Family Dynamic):
20.8% Two Parent Family/Children (down from 26.5% in February)
33.5% Couple without Children (up from 26.5%)
12.7% Single Female (up from 11.3%)
9.3% Single Male (down from 13.5%)
19.6% Empty Nester/Retired (down from 20.4%)
5.3% Single Parent with Children (up from 3%)
Moving From:
63.6% from Within OMREB Board Area (up from 62.5% in February)
11.5% from Lower Mainland/Vancouver Island (down from 14.7%)
10.3% from Alberta (up from 7.3%)
6.2% from Other Areas in BC (up from 4.3%)
4.4% from Saskatchewan/Manitoba (up from 4.3%)
0.9% from Outside Canada (down from 3.9%)
3.1% from Eastern Canada/Maritimes (up from 2.2%)
0% from NWT/Yukon (down from 0.9%)
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Alexandra Axsen
Lake Okanagan Realty Ltd.
Owner/Managing Broker
Tel: (250) 870-2792
Fax: (778) 484-5252
Alex@LakeOkanaganRealty.com
www.LakeOkanaganRealty.com