Nestled in the scenic beauty of Kelowna, Wilden is a sought-after community that blends luxury living with natural surroundings. If you're considering buying or selling a home in this area, understanding the current market trends is crucial. Let's dive into an in-depth analysis of the real estate market in Wilden to help you make informed decisions.

The Wilden real estate market is characterized by a range of high-value properties that cater to various preferences and needs. Here's a snapshot of the key metrics that define the market:

Average Price: $1,678,645
Median Price: $1,470,000
Price Range: $1,047,000 to $4,750,000

 

With an average price of over $1.6 million, Wilden positions itself as an affluent community. The median price being slightly lower than the average suggests that while there are extremely high-value properties, the majority are clustered around the $1.5 million mark. This range indicates a diversity in property types and sizes, catering to different buyer profiles.

Days on Market
Average Days on Market:   61.5 days
Median Days on Market:   48 days
Days on Market Range:      9 to 364 days

The average days on market (DOM) being just over two months suggests a moderately active market. A median DOM of 48 days indicates that half of the properties sell within about a month and a half, showing a healthy demand. However, some properties take considerably longer to sell, pointing towards variability in market interest depending on the property's characteristics and pricing.

Wilden homes are typically spacious, designed to accommodate families comfortably:

Average Number of Bedrooms : 4+

Average Number of Bathrooms: 3+

Most homes in Wilden feature four to five bedrooms and three to four bathrooms, making them ideal for larger families or those seeking ample space for guests and activities.

 

 

The properties in Wilden range from relatively new to those with a bit more history:

- Popular Years Built:
- 2006: 6 properties
- 2008: 7 properties
- 2013: 5 properties
- 2017: 5 properties
- 2018: 5 properties

The construction years suggest a significant amount of development in the late 2000s and mid-2010s. This trend indicates that many homes in Wilden are modern, featuring up-to-date designs and amenities.

1. Affluent Market: With high average and median prices, Wilden is clearly an upscale market, attracting buyers looking for luxury and comfort.
2. Market Activity: Properties move at a moderate pace, with some selling quickly and others taking longer, reflecting a balanced market with varied buyer preferences.
3. Family-Oriented Homes: The average number of bedrooms and bathrooms suggests that homes are designed with families in mind, offering plenty of space and functionality.
4. Modern Housing Stock: The range of years built indicates a predominantly modern housing stock, appealing to buyers looking for contemporary homes with the latest features.

Wilden's real estate market is vibrant and diverse, offering a range of high-value properties that cater to different needs. Whether you're looking to buy a spacious family home or sell a luxury property, understanding these market dynamics can help you make the best decisions. Stay informed and consider these insights as you navigate the Wilden real estate landscape.