Top 5 Mistakes Sellers Make When Listing in the Okanagan

Selling a home in the Okanagan should be exciting—but too often, small missteps cost sellers thousands of dollars and weeks (or months) of wasted time on the market. The local market is competitive, and buyers are savvy. Avoid these five common mistakes when listing your Okanagan property.

1. Overpricing From the Start

The Okanagan is unique: buyers are comparing your home not only to others in Kelowna or Vernon, but also to vacation properties, acreages, and waterfront homes across the Valley. If your price doesn’t match current market data, buyers will skip right past your listing. An overpriced home often ends up selling for less after multiple price drops than it would have if it had…

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Central Okanagan Real Estate Market Update – July 2025

August is here, and with it comes some of the best summer vibes our community has to offer. The warm days, sparkling lake, and bustling patios make this one of the most vibrant times to enjoy the Okanagan. Alongside the summer buzz, the July real estate numbers tell a story of a market moving at a steady, deliberate pace.

Detached Homes

Detached home sales rose 13% compared to last July, with 198 transactions recorded. Year-to-date sales are up 17%, showing that buyers remain active in this segment. The average sale price climbed to $1,053,775 (a 3% increase), while inventory dipped slightly. Homes are still selling at 97% of list price, underscoring the importance of sharp, strategic…

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