Okanagan Market Reports

Monthly sales, pricing, and inventory data for Kelowna, Vernon, and Penticton.

SEPTEMBER 2026

Okanagan Market Update — September 2026

Kelowna · Vernon · Penticton · Source: Association of Interior REALTORS®

Sales eased across the Okanagan in September 2026, with all three regions posting year-over-year declines in both transactions and dollar volume. Active inventory remains elevated relative to historical norms, keeping conditions firmly in buyer-friendly territory as we head into fall.

Kelowna

320

Homes Sold · ▼ 12.8% YoY

2,927

Active Listings · ▼ 9.7% YoY · 778 new

$268.5M

Dollar Volume · ▼ 18.4% YoY

9.1 months of inventory

Vernon

129

Homes Sold · ▼ 16.8% YoY

924

Active Listings · ▼ 10.9% YoY · 222 new

$93.8M

Dollar Volume · ▼ 12.0% YoY

7.2 months of inventory

Penticton

133

Homes Sold · ▼ 8.3% YoY

1,293

Active Listings · ▼ 10.5% YoY · 278 new

$78.1M

Dollar Volume · ▼ 19.0% YoY

9.7 months of inventory

Benchmark Prices — September 2026

Kelowna

Single Family: $1,057,200 ▲ +3.4% YoY

Townhouse: $696,600 ▼ -5.5% YoY

Condo/Apt: $496,700 ▲ +2.0% YoY

Vernon

Single Family: $793,000 ▲ +5.6% YoY

Townhouse: $563,400 ▼ -1.1% YoY

Condo/Apt: $324,300 ▲ +4.4% YoY

Penticton

Single Family: $718,400 ▼ -6.2% YoY

Townhouse: $486,700 ▼ -5.7% YoY

Condo/Apt: $445,300 ▲ +5.0% YoY

Data source: Association of Interior REALTORS® Monthly Market Statistics, September 2026. Residential figures include acreage, duplex, mobile home, recreational, single family, 3/4-plex, apartment and townhouse.

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