Busy month for real estate sales

There were 185 overall sales in June, up 23.3 per cent from 150 during the same month in 2012.

There has been a significant upswing in real estate activity in the North Okanagan.

There were 185 overall sales in June, up 23.3 per cent from 150 during the same month in 2012.

Total residential sales for the month went from  136 to 173 or a 27.2 per cent increase.

“We hope to see this trend continue as summer unfolds and the warm weather sparks renewed seller interest and buyer activity,” said Karen Singbeil, Okanagan Mainline Real Estate Board president.

Year-to-date, sales were on par with the first six months of 2012, dipping one per cent from 733 to 726 units.

Some price ranges are moving more quickly than others.

“Serious sellers recognize that their properties must be priced within the current market conditions in order to obtain a successful sale.  It is evident that well-priced properties attract attention and should sell,” said Singbeil.