Brenda Bachmann

E-mail bachmann@shaw.ca
Cell (250) 317-1877
Home Fax (250) 861-5734

Office Phone (250) 860-4300
Office Fax (250) 860-1600

Macdonald Realty Kelowna
592 KLO Road
Kelowna, BC
Canada Y1Y 7S2

Market Conditions

Homes (non-strata) as of February 28, 2009
Active residential listing inventory	1562
Active residential listing inventory last year	1090
Residential units sold	86
Residential units sold last year	174
Average days to sell (residential)	86
Compared to last year at this time (residential)	57
List price vs. sales price ratio	89%
Compared to last year	97.7%
Number of sales for the month, all categories	162
Average house sales prices YTD	447,819
Compared to last years average sales price YTD	496,621
Overall appreciation or depreciation over last year	-10%
Total Sales Dollars	97,643,664
Total Sales Dollars last year	303,072,800

Other inventory bases February 28, 2009

Apartment style strata for sale, 1,055

Apartment style strata 2008, 850

Townhome style strata for sale, 564

Townhome style strata 2008, 292

Three Year Market Performance Index

	December 31, 2005	December 31, 2006	December 31, 2007
Total Sales (dollars)	$1.797 billion	$1.881 billion	$2.526 billion
Total Units Sold	6081	5459	6192
Residential Units Sold	2767	2497	2845
Condo/townhome Units Sold	1764	1579	1998
Average Residential Price	$330,323	$402,535	$476,500
Condominium Average Sale Price	$258,786	$262,507	$298,000
Overall percentage of change	up 22%	up 17%	up 18%