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Andrew Smith
937 followers -
Kelowna real estate , kelowna homes for sale, Okanagan real estate
Kelowna real estate , kelowna homes for sale, Okanagan real estate

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Condos For Sale The Verve Kelowna
Verve Market Update
There are only three units for sale in the Verve right now as of this writing which is a little troubling for any first time buyers looking to get a foot into Kelowna’s housing market.

Units for sale are as follows…


#107 539 Yates $272,900 1 bedroom plus den

#209 567 Yates $329,000 2 bedrooms plus den (Offer Pending)

#405 539 Yates $329,900 2 bedrooms plus den


There were 76 total sales last year in all the Verve buildings with the average sale price of a two bedroom unit being $305,000 while a one bedroom unit sold for $231,000. The average price climbed throughout the year and my expectation is that it will continue on the same trajectory this year.

The first quarter of last year was the most active of all quarters as we saw

24 condos sold which just can’t happen this year unless inventory levels increase.

The Verve Owners Considering Selling
The number of units for sale will increase because, for no simpler reason, they always have in the past. There are just too many Verve owners to not have condos changing hands. The fact that there is a wide open window right now is something prudent sellers ought to consider if they are on the fence about selling sometime in the Spring. With no competition, buyers can’t be as choosy and don’t have as much room to negotiate off the asking price.

BC Tenancy Rules
Tenancy rules have changed in British Columbia affecting all landlords and tenants who are currently in fixed term leases. Contact me for more details on this and how it changes the way notice is given to legally end a tenancy.

Thanks for reading and please contact me if you are thinking of buying or selling in The Verve https://www.okanaganbc.com/the-verve-kelowna #Theverve #AndrewSmith #TheverveKelowna
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"_2 Sides Of The Tracks in Kelowna Real Estate_*
There are currently 1,260 residential homes for sale in Kelowna, 483 condo apartments and 465 lots.  Focusing on residential, 577 of the 1,260 properties are priced over 700,000 and 683 homes are priced under $700,000.  In other words, Kelowna is still an expensive city to live.
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Amazing program for checking if your email lists are valid. Having Dead emails on a list can prevent the good emails from being sent out
Enter to win
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Mass emails are hindered when you have "Dead Emails" in your list. Dead email addresses
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Real Estate In Kelowna is happening! Lots of action this week and the number of listings in  homes under $500,000 is low. If you are thinking of selling this is a great time to be on the market.
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