Central Okanagan Market Pulse
March 2026

With Spring Break just around the corner and the days stretching a little longer, there’s a sense of energy around the Central Okanagan. Aside from one brief cold snap in February, it has felt like spring for most of the winter, and many homeowners are already thinking ahead to the busier season as we move toward March. And don’t forget, we “spring forward” this weekend, so be sure to set your clocks ahead one hour and enjoy the extra evening light.

Market Snapshot – February 2026 vs 2025

Single-Family

  • # of Sales: 115 â–Ľ6%

  • Avg. Sale Price: $1,025,816 â–Ľ10%

  • Median Sale Price: $873,125 â–Ľ17%

  • Days on Market: 78 â–˛10%

  • List-to-Sale Price Ratio: 95%

Condo

    …

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The Lakeshore Market in Kelowna

What Buyers Need to Know in 2026

Single-Family Homes vs Townhomes vs Condos

Buying along the lakeshore in Kelowna is about more than views. It is about lifestyle, long-term value, and understanding how different property types behave in a very limited market. From luxury single-family waterfront homes to lock-and-leave condos overlooking Okanagan Lake, each segment moves differently and attracts a distinct buyer profile.

Here is a clear look at how the lakeshore market is performing, and how buyers can approach it with confidence.

Why Lakeshore Real Estate Behaves Differently

Kelowna’s true lakeshore inventory is finite. New waterfront development is restricted, shoreline regulations are strict, and many…

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Why Working With a Realtor Still Matters in Today’s Market

Buying a home in the Okanagan has never been easier to browse online. With endless listing platforms, neighbourhood guides, and virtual tours, many buyers wonder if they can simply “figure it out” themselves. Yet time and time again, the most stressful real estate stories I hear come from situations where someone tried to go it alone. Information is everywhere, but insight is not, and the difference matters when you are making the biggest purchase of your life.

The Story of the “Perfect” Home That Wasn’t

Let’s imagine a buyer named Emma. She is smart, organized, and has been scrolling listings in Kelowna every night for months. One day she finds a beautifully renovated home in Rutland.…

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What Buyers and Sellers Should Expect in 2026

As we close out another year in the Okanagan, many homeowners and future buyers are asking what 2026 might bring. After a slower and more cautious 2025, the market is showing early signs of renewed stability. Forecasts from the Canadian Real Estate Association (CREA) suggest that next year will offer more balanced conditions, stronger sales activity, and steady price trends. When we combine that with what we are already seeing locally in the Okanagan, 2026 is shaping up to be a year where both buyers and sellers can make confident moves.

Looking Back at 2025: A Year of Adjustment and Stabilization

Across British Columbia, 2025 was a year where buyers took their time and sellers had to be more…

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Is December the Secret Weapon for Serious Buyers in the Okanagan?

Winter is quieter in the Okanagan, and that slower pace works in favour of buyers across Kelowna. With less competition in the market, more realistic pricing, and smoother negotiations, December often becomes one of the most strategic times to purchase a home in this region.

December also filters out the casual traffic. The people still searching in Kelowna and the greater Okanagan are the ones who are genuinely ready to make a move, which creates a more focused environment for buyers looking for the right property.

1. Less Competition Means More Control

When spring arrives in the Okanagan, listing activity jumps and so does buyer traffic. December is different. With fewer…

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November Market Snapshot for Kelowna Real Estate

As the crisp November air settles in and the last of the autumn leaves fall, many of us are shifting our focus indoors, preparing for the holiday season, cozy dinners, and maybe even planning for the year ahead. With Remembrance Day around the corner, it is also a time for reflection and gratitude for the people and places that make our community so special.

 

October’s real estate activity continued to show stability across most property types. Single family home sales reached 171 for the month, nearly identical to last October’s 175. The average sale price edged slightly higher to just over $1,024,000. Values remain steady and buyers are approaching their decisions with a bit more…

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Why ONE Water Street Is One of the Smartest Real Estate Buys in Downtown Kelowna 

When it comes to buying or investing in Kelowna real estate, ONE Water Street stands apart. This landmark development combines luxury design, resort-style amenities, and a premium downtown waterfront location. It continues to attract both local and out-of-province buyers who want an address that offers walkability, design, and long-term value.

If you are exploring downtown Kelowna properties or looking to make a confident investment in the Okanagan, here’s why ONE Water Street should be on your shortlist.

1. Prime Waterfront + Downtown Location

Located at 1181 and 1191 Sunset Drive, ONE Water Street connects Kelowna’s lively Cultural and Entertainment…

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Big White’s Best Development Opportunity: A Rare Ski-In, Ski-Out Lot Near the Village Core

If you’ve been waiting for a real opportunity at Big White, this one deserves your attention.
Located on Porcupine Road, just a short walk from the Village, this view lot is one of the last remaining sites near the core that’s ready for development. It’s a place where you can build something lasting—whether that’s a set of townhomes, a small condo project, or a custom ski property designed to capture the views and sunshine the mountain is known for.

Ski Right From Your Door

The property sits just below the Mogul Track run, giving you true ski-in, ski-out access. From the lot, you can glide down to Perfection Run and be on the lift in minutes. It’s an…

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Okanagan Market Snapshot


October has arrived with crisp mornings, colourful fall leaves, and the anticipation of Thanksgiving gatherings. As we move into the heart of autumn, the Central Okanagan real estate market continues to show steady momentum, even as conditions remain firmly tilted in favour of buyers.

Sales activity in September was strong, with year-over-year gains across all property types in the Kelowna and Central Okanagan area. Residential home sales rose 34% compared to last year, condos climbed 24%, and townhouses jumped 38%. Buyers are clearly active—but the supply side tells a different story. With nine months of inventory for residential homes and eight months for both condos and townhouses, the market remains well within …

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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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