Real estate activity is moving ahead in the North Okanagan.
In February, there were 135 units sold worth $51 million compared to 85 worth $31.2 million in January and 141 worth $46.7 million in February 2016.
“Clearly, market activity is picking up, which is typical of February,” said Anthony Bastiaanssen, Okanagan Mainline Real Estate Board president.
The North Okanagan experienced 59 residential sales in February worth $26.7 million while there were 33 worth $13.9 million in January and 70 worth $27.4 million in February 2016.
The inventory consisted of 1,260 units in February compared to 1,656 during the same month in 2016.
“If demand continues at current rates, we will continue to experience competition for available properties, multiple offer situations and sales prices that are higher than asking price,” said Bastiaanssen.