Sotheby鈥檚 International Realty Canada announced Oct. 12 the expansion of its office operations in 琉璃神社.
鈥溋鹆裆 is a robust real estate market with strong, long-term market,鈥 said Tom Stratton, managing broker for Sotheby鈥檚 International Realty Canada in 琉璃神社. 鈥淐ontinued expansion in the Okanagan has been one of our brand鈥檚 objectives, and we are proud to be able to grow with the community.鈥
Justin O鈥機onnor, top sales associate at Sotheby鈥檚 International Realty Canada, is the new owner of the downtown 琉璃神社 office located at 108-1289 Ellis St. The office will service 琉璃神社, West 琉璃神社, Penticton, Vernon and the Okanagan Valley.
The firm鈥檚 expansion within the Okanagan takes place when regional residential real estate sales have experienced steady gains, reflecting the company鈥檚 continued confidence in the conventional and luxury market segments and its commitment to continually expanding service offerings.
The Okanagan Mainline Real Estate Board (OMREB) reported a 31 per cent year-over-year increase in sales volume in September 2016, as active listings dropped 23 per cent across the entire region compared to the same period compared to the previous year.
Healthy local demand and confidence is fueling market activity: June 2016 results from an OMREB survey showed that 56 per cent of residential real estate purchasers were from within the Okanagan, 18 per cent from the Lower Mainland or Vancouver Island, and 12 per cent from Alberta.
Sotheby鈥檚 International Realty Canada now has 11 offices in the province of British Columbia including three in the city of Vancouver, as well as offices in West Vancouver, North Vancouver, White Rock/South Surrey, Salt Spring Island, Sun Peaks, Whistler and Victoria.
鈥淲orking with Sotheby鈥檚 International Realty Canada allows our clients access to the finest marketing platform in the real estate space and an impressive network of agents across B.C., Alberta and around the world,鈥 said O鈥機onnor. 鈥淥ur goal is to provide our clients with the best possible experience in buying and selling real estate. I am thrilled to be opening an office in this region with a team that will elevate our client experience to the next level.