Okanagan · Market Intelligence
Okanagan Market Report
September 2026
A monthly read on the Okanagan residential market from the Association of Interior REALTORS® MLS®. Start with the whole valley, then drill into each sub-region, home type and community.
Active listings
5,039
residential inventory, down 9.1% on Sep 2025
New · September
1,276
came to market, down 20.9% on Sep 2025
Sales · September
569
reported sold, down 12.7% on Sep 2025
Median $ / sq ft
$378
sold homes, last 90 days
Sale to list
96.9%
median, sold homes
Days on market
60
median, sold homes
Months of inventory
8
active ÷ monthly sales pace, 1,897 sales in 90 days
Reduced · September
15.9%
802 active listings cut
Typical sale, all types and areas blended: $670,000. A single blended median shifts with the mix of what happens to sell, so it is a weak gauge on its own. The breakdowns below are the truer read.
Across the Okanagan, 5,039 active listings met 1,897 sales over 90 days (about 632 a month), leaving roughly 8 months of inventory; sold homes closed at 96.9% of asking in 60 days. Per square foot, apartments lead at $428 against roughly $375 for single family homes and townhomes, because apartments are smaller, land-light footprints, even though their total price is far lower. Read $/sq ft as the mix-robust momentum gauge and the segment medians as the price you would actually pay.
Okanagan by home type
| Home type | Sales · Sep | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|---|
| Single family | 274−12.7% | $835,000 | $375 | 97.1% | 52 | 2,196 | 942 | 7 |
| Townhomes | 71−20.2% | $605,000 | $373 | 97.4% | 56 | 719 | 241 | 9 |
| Apartments | 118−18.6% | $411,000 | $428 | 96.7% | 67 | 1,105 | 388 | 8.5 |
Central Okanagan
Kelowna, West Kelowna, Lake Country, Peachland, Big White, Beaverdell and smaller communities.
- Active
- 2,844
- Sold 90d
- 1,077
- Median sold
- $733,000
- Median $/sq ft
- $401
- Sale to list
- 96.9%
- Months supply
- 7.9
By home type
| Home type | Benchmark · Sep | Sales · Sep | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|---|---|
| Single family | $1,057,200+3.4% | 143−7.1% | $955,000 | $391 | 97.2% | 46 | 1,242 | 514 | 7.2 |
| Townhomes | $696,600−5.5% | 44−12.0% | $664,000 | $396 | 97.5% | 58 | 434 | 156 | 8.3 |
| Apartments | $496,700+2.0% | 80−20.8% | $426,000 | $451 | 96.7% | 63 | 752 | 284 | 7.9 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced · Sep |
|---|---|---|---|---|---|---|---|---|
| Kelowna | 1,782 | 724 | $730,000 | $412 | 96.9% | 50 | 7.4 | 16.8% |
| West Kelowna | 612 | 206 | $699,000 | $369 | 97.1% | 54 | 8.9 | 16.5% |
| Lake Country | 210 | 81 | $920,000 | $397 | 97.4% | 58 | 7.8 | 12.9% |
| Peachland | 108 | 41 | $680,000 | $383 | 96.7% | 82 | 7.9 | 20.4% |
| Big White | 102 | 19 | $572,000 | $507 | 95.4% | 92 | 16.1 | 4.9% |
| Beaverdell | 15 | 2 | $320,000 | $267 | 91.1% | 152 | 22.5 | 6.7% |
| Other communities | 15 | 4 | $570,000 | $321 | 96.6% | 96 | 11.3 | 13.3% |
North Okanagan
Vernon, Coldstream, Lumby, Enderby, Armstrong, Spallumcheen, Falkland, Silver Star and smaller communities.
- Active
- 934
- Sold 90d
- 394
- Median sold
- $645,000
- Median $/sq ft
- $352
- Sale to list
- 97.2%
- Months supply
- 7.1
By home type
| Home type | Benchmark · Sep | Sales · Sep | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|---|---|
| Single family | $793,000+5.6% | 70−13.6% | $731,000 | $355 | 97.3% | 59 | 403 | 224 | 5.4 |
| Townhomes | $563,400−1.1% | 18−21.7% | $418,000 | $329 | 97.3% | 50 | 140 | 47 | 8.9 |
| Apartments | $324,300+4.4% | 13−23.5% | $336,000 | $368 | 97.3% | 95 | 91 | 32 | 8.5 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced · Sep |
|---|---|---|---|---|---|---|---|---|
| Vernon | 607 | 267 | $608,000 | $347 | 97.3% | 66 | 6.8 | 22.2% |
| Coldstream | 89 | 33 | $965,000 | $379 | 97.3% | 51 | 8.1 | 11.2% |
| Lumby | 55 | 17 | $590,000 | $314 | 96.9% | 113 | 9.7 | 10.9% |
| Enderby | 54 | 20 | $588,000 | $308 | 96.0% | 70 | 8.1 | 16.7% |
| Armstrong | 38 | 28 | $671,000 | $332 | 97.5% | 30 | 4.1 | 13.2% |
| Spallumcheen | 24 | 9 | $1,025,000 | $430 | 97.6% | 83 | 8 | 20.8% |
| Falkland | 19 | 7 | $625,000 | $365 | 97.1% | 79 | 8.1 | 15.8% |
| Silver Star | 18 | 5 | $1,201,000 | $508 | 96.2% | 99 | 10.8 | 16.7% |
| Other communities | 30 | 8 | $670,000 | $375 | 98.3% | 105 | 11.3 | 6.7% |
South Okanagan
Penticton, Osoyoos, Oliver, Summerland, Princeton, Keremeos, Okanagan Falls, Naramata, Kaleden, Apex Mountain and smaller communities.
- Active
- 1,261
- Sold 90d
- 426
- Median sold
- $572,000
- Median $/sq ft
- $344
- Sale to list
- 96.4%
- Months supply
- 8.9
By home type
| Home type | Benchmark · Sep | Sales · Sep | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|---|---|
| Single family | $718,400−6.2% | 61−22.8% | $680,000 | $358 | 96.8% | 72 | 551 | 204 | 8.1 |
| Townhomes | $486,700−5.7% | 9−43.8% | $509,000 | $341 | 97.3% | 54 | 145 | 38 | 11.4 |
| Apartments | $445,300+5.0% | 25−7.4% | $369,000 | $355 | 96.1% | 67 | 262 | 72 | 10.9 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced · Sep |
|---|---|---|---|---|---|---|---|---|
| Penticton | 394 | 172 | $575,000 | $346 | 96.6% | 57 | 6.9 | 13.7% |
| Osoyoos | 290 | 62 | $604,000 | $318 | 96.3% | 90 | 14 | 9.3% |
| Oliver | 145 | 49 | $565,000 | $337 | 96.9% | 82 | 8.9 | 11.0% |
| Summerland | 140 | 40 | $712,000 | $383 | 97.3% | 77 | 10.5 | 12.9% |
| Princeton | 69 | 25 | $485,000 | $309 | 96.9% | 66 | 8.3 | 23.2% |
| Keremeos | 61 | 21 | $514,000 | $306 | 96.4% | 92 | 8.7 | 18.0% |
| Okanagan Falls | 51 | 20 | $471,000 | $322 | 95.6% | 78 | 7.6 | 23.5% |
| Naramata | 24 | 9 | $1,043,000 | $529 | 94.3% | 93 | 8 | 16.7% |
| Kaleden | 18 | 8 | $763,000 | $389 | 95.7% | 87 | 6.8 | 11.1% |
| Apex Mountain | 16 | 3 | $259,000 | $381 | 91.7% | 118 | 16 | 0.0% |
| Other communities | 53 | 17 | $385,000 | $313 | 92.3% | 105 | 9.4 | 13.2% |