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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Sky’s the Limit: Kelowna High-Rise Growth 

Downtown Kelowna is growing up—literally. As of 2025, three major high-rise developments are reshaping the city’s skyline, and they’re bringing more than just glass and height. They’re adding housing, amenities, and long-term implications for property value, rental demand, and lifestyle downtown.

Water Street by the Park – 3 Towers | Tallest: 42 Storeys | Completion: 2026

Just steps from City Park and Okanagan Lake, Water Street by the Park is a three-tower development with 650 condo units. Tower One is sold out, and Tower Two (Eli) has limited inventory remaining, starting at $669,999. Completion is expected in 2026.

Amenities span over 42,000 sq. ft., including a year-round pool, lakeview gym,…

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Kelowna’s 2040 Official Community Plan

Your Guide to Smart Real Estate Investment

Understanding how Kelowna's Official Community Plan shapes your property investment future

As your trusted Kelowna real estate professional, I'm excited to share insights about one of the most important documents shaping our city's future: the 2040 Official Community Plan (OCP) and its recent updates. Whether you're a first-time homebuyer, seasoned investor, or looking to relocate to the Okanagan, understanding these planning changes will help you make informed decisions about where to buy in Kelowna.

What is Kelowna's Official Community Plan?

The Official Community Plan is essentially Kelowna's blueprint for growth through 2040. It's a comprehensive policy…

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Central Okanagan Real Estate

Market Update – June 2025

July is here, bringing with it everything we love about summer in the Okanagan—sunny mornings on the lake, long golden evenings, and the unmistakable energy that fills our communities this time of year. While locals are soaking up the season, the real estate market is showing signs of steady, purposeful activity.

Here’s a breakdown of how things are shaping up across different housing segments in the Central Okanagan:

Detached Homes

Sales of detached properties were up 17% compared to June 2024, a clear signal that buyers are still active and confident in this category. Prices saw a modest lift, reflecting healthy demand and competitive interest—especially for well-located,…

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Canada Day in Kelowna: What to Do and Where to Go (For New Homeowners & Long-Time Locals Alike)

Whether you've just moved in or you've lived here for years, Canada Day in Kelowna is the kind of day that reminds you why you chose this city. With live music, food vendors, fireworks, and full-on community energy, July 1st is packed with ways to explore your neighbourhood and feel right at home.

Here’s your quick, all-in-one guide to enjoying Canada Day 2025 in Kelowna:

Kelowna Canada Day 2025 Schedule at a Glance

Prospera Place – FolkFest Stage: 10:00 a.m. – 3:30 p.m.
Arts Common – Kelowna City Band Concert: 10:00 a.m. – 12:00 p.m.
Pioneer Gardens – Century 21 Family Zone: 11:00 a.m. – 4:00 p.m.
Kiwanis Family Stage: 11:00 a.m. – 4:00 p.m.
Jim…

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Best Family-Friendly Neighbourhoods in Kelowna

If you're looking for a place where your family can grow, explore, and feel at home, Kelowna has no shortage of great neighbourhoods—but knowing which ones truly fit your lifestyle makes all the difference. Here's a look at the top areas families are choosing, based on real livability: schools, parks, amenities, and value.

Glenmore & North Glenmore

Close to downtown, but far from busy—Glenmore blends city convenience with suburban calm. It’s packed with parks, playgrounds, and greenways, and offers a mix of established homes and newer builds. Schools like Dr. Knox and Kelowna Secondary are strong draws. Locals love the walkability and family-first vibe.

Why buyers like it: Safe streets, great…

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Kelowna Condo vs Townhome:

What’s Right for You in 2025?

Choosing between a condo and a townhome in Kelowna isn’t just about square footage—it’s about lifestyle, location, and how you want your money to work for you. With the 2025 market shifting, affordability and functionality are back in the spotlight. Here's what buyers need to know before signing on the dotted line.

Price & Value in Today’s Market

In May 2025, the average condo in Central Okanagan sold for $516,379 while the average townhome came in at $698,299. Condos remain the more budget-friendly option, especially for first-time buyers or investors looking for lower entry points. But value isn’t just about price—it’s about what you get.

Townhomes tend to provide more space, better…

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First-Time Buyer

Tips for Summer 2025 in Kelowna

Thinking about buying your first home in Kelowna this summer? Here's what first-time buyers need to know—based on the latest numbers from May 2025.

1. Inventory Is Working in Your Favour

Inventory continues to climb across all property types, giving buyers more choice and more time. As of May, there were over 3,400 active listings in the Central Okanagan—a steady rise since earlier this spring.

Why it matters: More listings mean more leverage. Buyers have breathing room to shop, compare, and negotiate.

2. Detached Homes Are Selling, But Without the Rush

Detached home sales rose 3.2% year-over-year in May, with 450 homes sold. The average price increased 8.75% YoY to $1,150,234. Days on…

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Bank of Canada Holds Rate Steady at 2.75% 

What This Means for Okanagan Buyers and Sellers

The Bank of Canada held its overnight rate steady at 2.75% this morning, signaling a wait-and-see approach as trade uncertainty clouds the outlook. While some were hoping for a rate cut, Governor Tiff Macklem confirmed the Bank is not ready to move until it has clearer signals on how tariffs and global policy shifts are impacting inflation and growth.

Why the Hold?
Despite stronger-than-expected GDP growth in Q1 (2.2%), much of it was driven by businesses front-loading exports to avoid tariffs. Inflation dropped to 1.7%, largely due to the removal of the federal carbon tax, but underlying inflation (excluding taxes) ticked up to 2.3%. Core inflation is…

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