Okanagan · Market Intelligence
Okanagan Market Report
August 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
4,836
residential inventory
New · August
914
came to market
Sold · 90 days
1,791
~597 per month
Median $ / sq ft
$380
sold homes, last 90 days
Sale to list
97.0%
median, sold homes
Days on market
52
median, sold homes
Months of inventory
8.1
active ÷ monthly sales
Price reductions
36.2%
1,750 active listings
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, 4,836 active listings met 1,791 sales over 90 days (about 597 a month), leaving roughly 8.1 months of inventory; sold homes closed at 97.0% of asking in 52 days. Per square foot, apartments lead at $427 against roughly $380 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 | $844,000 | $380 | 97.1% | 49 | 2,735 | 1,031 | 8 |
| Townhomes | $595,000 | $376 | 97.5% | 48 | 659 | 227 | 8.7 |
| Apartments | $420,000 | $427 | 96.8% | 59 | 1,056 | 378 | 8.4 |
Central Okanagan
Kelowna, West Kelowna, Lake Country, Peachland.
- Active
- 2,716
- Sold 90d
- 1,033
- Median sold
- $748,000
- Median $/sq ft
- $407
- Sale to list
- 97.0%
- Months supply
- 7.9
By home type
| Home type | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $960,000 | $394 | 97.2% | 45 | 1,450 | 550 | 7.9 |
| Townhomes | $665,000 | $408 | 97.6% | 48 | 399 | 141 | 8.5 |
| Apartments | $440,000 | $457 | 96.8% | 59 | 692 | 283 | 7.3 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced |
|---|---|---|---|---|---|---|---|---|
| Kelowna | 1,839 | 712 | $725,000 | $418 | 96.9% | 49 | 7.7 | 34.4% |
| West Kelowna | 566 | 202 | $750,000 | $379 | 97.4% | 48 | 8.4 | 32.2% |
| Lake Country | 206 | 80 | $927,000 | $395 | 97.3% | 46 | 7.7 | 33.0% |
| Peachland | 105 | 39 | $615,000 | $383 | 96.6% | 82 | 8.1 | 37.1% |
North Okanagan
Vernon, Coldstream, Enderby, Lumby, Armstrong, Spallumcheen.
- Active
- 882
- Sold 90d
- 369
- Median sold
- $650,000
- Median $/sq ft
- $350
- Sale to list
- 97.2%
- Months supply
- 7.2
By home type
| Home type | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $739,000 | $357 | 97.3% | 56 | 570 | 261 | 6.6 |
| Townhomes | $482,000 | $339 | 97.3% | 41 | 123 | 43 | 8.6 |
| Apartments | $325,000 | $349 | 96.8% | 73 | 87 | 29 | 9 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced |
|---|---|---|---|---|---|---|---|---|
| Vernon | 617 | 253 | $605,000 | $349 | 97.1% | 55 | 7.3 | 43.9% |
| Coldstream | 79 | 34 | $935,000 | $386 | 97.1% | 66 | 7 | 43.0% |
| Enderby | 67 | 17 | $615,000 | $314 | 94.9% | 35 | 11.8 | 35.8% |
| Lumby | 62 | 17 | $649,000 | $311 | 96.6% | 113 | 10.9 | 40.3% |
| Armstrong | 34 | 36 | $677,000 | $348 | 98.3% | 30 | 2.8 | 38.2% |
| Spallumcheen | 23 | 12 | $1,170,000 | $364 | 98.4% | 73 | 5.8 | 47.8% |
South Okanagan
Penticton, Osoyoos, Oliver, Summerland, Princeton, Keremeos, Okanagan Falls, Naramata, Kaleden.
- Active
- 1,238
- Sold 90d
- 389
- Median sold
- $575,000
- Median $/sq ft
- $345
- Sale to list
- 96.7%
- Months supply
- 9.5
By home type
| Home type | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $690,000 | $369 | 96.8% | 62 | 715 | 220 | 9.8 |
| Townhomes | $530,000 | $343 | 97.5% | 52 | 137 | 43 | 9.6 |
| Apartments | $378,000 | $354 | 96.6% | 52 | 277 | 66 | 12.6 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced |
|---|---|---|---|---|---|---|---|---|
| Penticton | 403 | 170 | $567,000 | $345 | 96.8% | 48 | 7.1 | 32.8% |
| Osoyoos | 314 | 54 | $638,000 | $347 | 96.3% | 76 | 17.4 | 36.0% |
| Oliver | 145 | 48 | $563,000 | $342 | 97.0% | 59 | 9.1 | 36.6% |
| Summerland | 140 | 41 | $689,000 | $366 | 97.3% | 72 | 10.2 | 40.0% |
| Princeton | 70 | 22 | $428,000 | $277 | 96.7% | 60 | 9.5 | 48.6% |
| Keremeos | 64 | 19 | $470,000 | $307 | 96.4% | 91 | 10.1 | 43.8% |
| Okanagan Falls | 52 | 22 | $604,000 | $334 | 95.6% | 86 | 7.1 | 28.8% |
| Naramata | 27 | 5 | $779,000 | $451 | 96.5% | 77 | 16.2 | 33.3% |
| Kaleden | 23 | 8 | $705,000 | $385 | 95.8% | 50 | 8.6 | 47.8% |