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 December 31st, 2007
Active residential listing inventory	881
Active residential listing inventory last year	766
Residential units sold	115
Residential units sold last year	106
Average days to sell (residential)	76
Compared to last year at this time (residential)	67
List price vs. sales price ratio	95.3%
Compared to last year	95.6%
Number of sales for the month, all categories	277
Average house sales prices YTD	$476,506
Compared to last years average sales price YTD	$402,445
Overall appreciation or depreciation over last year	+18%
Total Sales Dollars	$2,526,107,904
Total Sales Dollars last year	$1,881,057,536

Other inventory bases December 31st, 2007

Apartment style strata for sale, 585

Apartment style strata 2006, 454

Townhome style strata for sale, 249

Townhome style strata 2006, 212

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%