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
4,838
residential inventory
New · 30 days
1,018
came to market
Sold · 90 days
1,500
~500 per month
Median $ / sq ft
$380
sold homes, last 90 days
Sale to list
97.0%
median, sold homes
Days on market
51
median, sold homes
Months of inventory
9.7
active ÷ monthly sales
Price reductions
36.0%
1,743 active listings
Typical sale, all types and areas blended: $665,000. 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, 4,838 active listings met 1,500 sales over 90 days (about 500 a month), leaving roughly 9.7 months of inventory; sold homes closed at 97.0% of asking in 51 days. Per square foot, apartments lead at $432 against roughly $378 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 | $848,000 | $378 | 97.2% | 49 | 2,736 | 846 | 9.7 |
| Townhomes | $598,000 | $378 | 97.5% | 48 | 652 | 198 | 9.9 |
| Apartments | $420,000 | $432 | 96.8% | 54 | 1,060 | 320 | 9.9 |
Central Okanagan
Kelowna, West Kelowna, Lake Country, Peachland.
- Active
- 2,706
- Sold 90d
- 872
- Median sold
- $746,000
- Median $/sq ft
- $409
- Sale to list
- 97.1%
- Months supply
- 9.3
By home type
| Home type | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $958,000 | $392 | 97.4% | 43 | 1,437 | 460 | 9.4 |
| Townhomes | $668,000 | $416 | 97.7% | 49 | 394 | 121 | 9.8 |
| Apartments | $440,000 | $464 | 96.9% | 54 | 693 | 240 | 8.7 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced |
|---|---|---|---|---|---|---|---|---|
| Kelowna | 1,826 | 610 | $712,000 | $418 | 97.0% | 48 | 9 | 33.6% |
| West Kelowna | 563 | 163 | $756,000 | $379 | 97.4% | 46 | 10.4 | 33.4% |
| Lake Country | 208 | 67 | $999,000 | $396 | 97.6% | 48 | 9.3 | 32.7% |
| Peachland | 109 | 32 | $608,000 | $369 | 96.6% | 83 | 10.2 | 35.8% |
North Okanagan
Vernon, Coldstream, Enderby, Lumby, Armstrong, Spallumcheen.
- Active
- 897
- Sold 90d
- 300
- Median sold
- $635,000
- Median $/sq ft
- $345
- Sale to list
- 97.2%
- Months supply
- 9
By home type
| Home type | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $750,000 | $354 | 97.4% | 56 | 583 | 207 | 8.4 |
| Townhomes | $418,000 | $360 | 97.3% | 35 | 126 | 37 | 10.2 |
| Apartments | $287,000 | $341 | 96.7% | 62 | 90 | 22 | 12.3 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced |
|---|---|---|---|---|---|---|---|---|
| Vernon | 628 | 213 | $600,000 | $344 | 97.2% | 55 | 8.8 | 43.3% |
| Coldstream | 82 | 24 | $938,000 | $383 | 95.7% | 61 | 10.3 | 43.9% |
| Enderby | 70 | 14 | $618,000 | $315 | 95.9% | 60 | 15 | 38.6% |
| Lumby | 61 | 12 | $642,000 | $300 | 96.7% | 116 | 15.3 | 42.6% |
| Armstrong | 33 | 28 | $683,000 | $340 | 98.2% | 28 | 3.5 | 36.4% |
| Spallumcheen | 23 | 9 | $1,150,000 | $356 | 98.3% | 89 | 7.7 | 52.2% |
South Okanagan
Penticton, Osoyoos, Oliver, Summerland, Princeton, Keremeos, Okanagan Falls, Naramata, Kaleden.
- Active
- 1,235
- Sold 90d
- 328
- Median sold
- $567,000
- Median $/sq ft
- $344
- Sale to list
- 96.7%
- Months supply
- 11.3
By home type
| Home type | Median sold | $/sq ft | Sale/list | Med DOM | Active | Sold 90d | MOI |
|---|---|---|---|---|---|---|---|
| Detached houses | $690,000 | $367 | 96.8% | 62 | 716 | 179 | 12 |
| Townhomes | $535,000 | $344 | 97.4% | 58 | 132 | 40 | 9.9 |
| Apartments | $378,000 | $355 | 96.6% | 53 | 277 | 58 | 14.3 |
By community
| Community | Active | Sold 90d | Median sold | $/sq ft | Sale/list | Med DOM | MOI | Reduced |
|---|---|---|---|---|---|---|---|---|
| Penticton | 391 | 151 | $560,000 | $343 | 96.7% | 50 | 7.8 | 33.5% |
| Osoyoos | 322 | 43 | $636,000 | $353 | 96.0% | 76 | 22.5 | 34.5% |
| Oliver | 145 | 39 | $560,000 | $337 | 97.0% | 61 | 11.2 | 35.9% |
| Summerland | 143 | 35 | $735,000 | $366 | 96.9% | 72 | 12.3 | 42.0% |
| Princeton | 67 | 20 | $428,000 | $279 | 96.7% | 64 | 10 | 46.3% |
| Keremeos | 63 | 13 | $496,000 | $306 | 96.0% | 91 | 14.5 | 42.9% |
| Okanagan Falls | 53 | 18 | $548,000 | $334 | 96.2% | 78 | 8.8 | 28.3% |
| Naramata | 28 | 3 | $1,360,000 | $538 | 94.3% | 77 | 28 | 35.7% |
| Kaleden | 23 | 6 | $705,000 | $431 | 96.8% | 61 | 11.5 | 52.2% |