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
4,680
residential inventory
New · September
1,121
came to market
Sold · 90 days
1,418
~473 per month
Median $ / sq ft
$378
sold homes, last 90 days
Sale to list
96.9%
median, sold homes
Days on market
58
median, sold homes
Months of inventory
9.9
active ÷ monthly sales
Price reductions
36.3%
1,699 active listings
Typical sale, all types and areas blended: $660,000. 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, 4,680 active listings met 1,418 sales over 90 days (about 473 a month), leaving roughly 9.9 months of inventory; sold homes closed at 96.9% of asking in 58 days. Per square foot, apartments lead at $426 against roughly $379 for detached and townhomes — 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 | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $851,000 | $379 | 97.0% | 53 | 2,618 | 791 | 9.9 |
| Townhomes | $600,000 | $376 | 97.5% | 56 | 669 | 188 | 10.7 |
| Apartments | $411,000 | $426 | 96.6% | 63 | 1,021 | 300 | 10.2 |
Central Okanagan
Kelowna, West Kelowna, Lake Country, Peachland.
- Active
- 2,653
- Sold 90d
- 822
- Median sold
- $727,000
- Median $/sq ft
- $401
- Sale to list
- 96.9%
- Months supply
- 9.7
By home type
| Home type | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $968,000 | $390 | 97.0% | 45 | 1,398 | 424 | 9.9 |
| Townhomes | $665,000 | $401 | 97.5% | 56 | 408 | 119 | 10.3 |
| Apartments | $423,000 | $455 | 96.6% | 59 | 682 | 223 | 9.2 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced |
|---|---|---|---|---|---|---|---|---|
| Kelowna | 1,787 | 581 | $710,000 | $415 | 96.9% | 49 | 9.2 | 34.9% |
| West Kelowna | 551 | 147 | $700,000 | $371 | 97.1% | 51 | 11.2 | 31.4% |
| Lake Country | 207 | 60 | $898,000 | $394 | 97.1% | 66 | 10.3 | 30.0% |
| Peachland | 108 | 34 | $608,000 | $367 | 96.6% | 77 | 9.5 | 37.0% |
North Okanagan
Vernon, Coldstream, Enderby, Lumby, Armstrong, Spallumcheen.
- Active
- 830
- Sold 90d
- 289
- Median sold
- $639,000
- Median $/sq ft
- $349
- Sale to list
- 97.1%
- Months supply
- 8.6
By home type
| Home type | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $785,000 | $360 | 97.1% | 60 | 531 | 192 | 8.3 |
| Townhomes | $447,000 | $325 | 97.0% | 54 | 122 | 40 | 9.2 |
| Apartments | $350,000 | $374 | 97.3% | 77 | 77 | 25 | 9.2 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced |
|---|---|---|---|---|---|---|---|---|
| Vernon | 578 | 210 | $609,000 | $345 | 97.1% | 68 | 8.3 | 44.1% |
| Coldstream | 83 | 21 | $880,000 | $384 | 97.0% | 45 | 11.9 | 42.2% |
| Enderby | 56 | 19 | $560,000 | $303 | 95.9% | 55 | 8.8 | 42.9% |
| Lumby | 56 | 12 | $550,000 | $329 | 97.7% | 98 | 14 | 41.1% |
| Armstrong | 37 | 20 | $646,000 | $357 | 97.2% | 35 | 5.5 | 43.2% |
| Spallumcheen | 20 | 7 | $1,025,000 | $430 | 97.4% | 83 | 8.6 | 40.0% |
South Okanagan
Penticton, Osoyoos, Oliver, Summerland, Princeton, Keremeos, Okanagan Falls, Naramata, Kaleden.
- Active
- 1,197
- Sold 90d
- 307
- Median sold
- $560,000
- Median $/sq ft
- $343
- Sale to list
- 96.5%
- Months supply
- 11.7
By home type
| Home type | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $695,000 | $372 | 96.8% | 77 | 689 | 175 | 11.8 |
| Townhomes | $478,000 | $342 | 97.1% | 56 | 139 | 29 | 14.4 |
| Apartments | $364,000 | $352 | 95.8% | 65 | 262 | 52 | 15.1 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced |
|---|---|---|---|---|---|---|---|---|
| Penticton | 401 | 128 | $563,000 | $344 | 96.6% | 59 | 9.4 | 31.2% |
| Osoyoos | 296 | 43 | $530,000 | $309 | 96.3% | 86 | 20.7 | 34.8% |
| Oliver | 142 | 39 | $565,000 | $339 | 97.0% | 76 | 10.9 | 38.0% |
| Summerland | 138 | 27 | $625,000 | $366 | 98.0% | 72 | 15.3 | 39.9% |
| Princeton | 66 | 21 | $500,000 | $290 | 96.5% | 66 | 9.4 | 54.5% |
| Keremeos | 59 | 19 | $510,000 | $299 | 96.0% | 104 | 9.3 | 45.8% |
| Okanagan Falls | 51 | 16 | $404,000 | $289 | 94.8% | 78 | 9.6 | 39.2% |
| Naramata | 26 | 6 | $1,171,000 | $538 | 94.6% | 101 | 13 | 42.3% |
| Kaleden | 18 | 8 | $763,000 | $389 | 95.7% | 87 | 6.8 | 50.0% |