Helping you navigate buying & selling homes in Kelowna, Lake Country & the Okanagan, saving you time & money.
Welcome to Tyrell Boake Real Estate.
Buying or selling a home can be one of the largest financial decisions you will make and it can seem like an intimidating experience. When you work with me, I will streamline the process and save you time, money and stress.
Get in touch with me to find out more about properties for sale, the latest market updates or real estate advice.
Buying A Home?
Whether you're a first time home buyer or an experienced investor, I'm committed to guiding you through the buying process. There are many important questions to consider when purchasing a home in Lake Country, the Okanagan or anywhere. Avoid time-consuming and costly mistakes and put my experience to use. Read more.
Selling A Home?
It's important to work with an experienced REALTOR® when selling your most valuable asset. Selling your Lake Country or Okanagan home takes preparation, organization and professional marketing. By using me as your real estate agent I will guide you through every milestone, from analyzing your needs to closing the sale. Read more.
Here is what happened in the local Central Okanagan Real Estate Residential Market in the month of June.
The year to date average price came down slightly to $1,207,296 but was relatively flat from May's number of $1,213,717. Remember, this is the year to date number and reflects the market peak prices of February/March 2022. The average residential...
The year to date (YTD) average sale price of a single family home in the Central Okanagan of $1,213,717 in May 2022 was down from April’s YTD price of $1,233,122. Market prices are slowly declining from February’s peak. I posted a chart earlier this week of the month over month prices, included below, which lays out this recent tr...
The average price of a Single Family Residential home in the Central Okanagan fell slightly in April 2022 to $1,242,760, from the previous month.
It looks like there is a balancing of the market happening but not a crash or a "bubble". We know this because the average days on market remained steady at 22 days, meaning that...
Are we seeing a shift in the local housing market?
The short answer is; yes.
There has definitely been a shift over the last few weeks in the housing market as we are seeing listings outpacing sales for the first time in months. Add to this a little "buyer fatigue" and we can see indications of changes on the way.
Buying a home can be a stressful, time consuming, involved process. And, buyers can often overcomplicate the process, focusing on things that aren't important or not focusing on the main goal or buying the right house. Or, if they are first time buyers or haven't bought and sold in a number of years, they may just not know how to do it or the best...
