MARKET DATA
The Kelowna market, measured rather than described
As of August 2026 buyers hold the leverage. Nine months of inventory, and a typical single family home takes 41 days to sell. That is a real shift: July sat at six months and read as balanced. Inventory did not spike so much as sales fell away, and the gap between those two is what moved the needle.
Single family detached · August 2026
Buyers have the leverage
More homes for sale than the current pace of sales can absorb.
- Months of inventory
- 9
- Median days to sell
- 41
- Median price, 2026 so far
- $914,500
- Sales this year
- 782
The two figures above are year to date and do not change with the month selected.
What the gauge is actually measuring
Months of inventory is the cleanest single read on who holds leverage. It asks one question: at the current pace of sales, how long would it take to sell every home currently listed?
Under four months, buyers compete and sellers set the terms. Over eight, the reverse. In between, the outcome comes down to the specific house, the price on it, and how it is presented.
That number moves further and faster than most people expect. In February 2021 this market had one month of inventory and homes sold in 20 days. Today it is nine months and 41 days. Same neighbourhoods, same houses, a completely different negotiation.
Use the month selector under the gauge to read any month back to January 2018. Days to sell barely moved between July and August, from 42 to 41, while months of inventory went from six to nine. That combination is worth understanding: homes that sell are still selling at the same pace. There are simply far fewer of them, and the ones that are not selling stay on the board.
2016 $529,000 2026 $914,500
2021 2 2026 9
Ten years, thirteen neighbourhoods
Every figure below is a median of real recorded sales, not an estimate and not a projection. I pull them from the Interior REALTORS MLS directly.
The spread is the part worth sitting with. Over the same decade, in the same city, the strongest of these neighbourhoods roughly doubled while the softest gained a little over half. Anyone who tells you “the Kelowna market” did one thing over ten years is describing an average that almost nobody actually lived.
Every area in the table now has its own guide, and its name links to it. All thirteen are on one map as well. Start with Wilden, the smallest and highest-priced of the eleven, or West Kelowna, the largest.
| Area | 2016 | 2026 so far | Change | Sales |
|---|---|---|---|---|
| Wilden | $764,900 | $1,532,500 | +100% | 517 |
| Black Mountain | $580,000 | $1,125,000 | +94% | 1,112 |
| Kelowna North | $470,000 | $865,000 | +84% | 645 |
| Rutland North | $442,500 | $790,000 | +79% | 1,500 |
| West Kelowna | $515,000 | $915,000 | +78% | 6,694 |
| Lake Country | $575,000 | $1,020,000 | +77% | 2,053 |
| Rutland South | $442,250 | $765,000 | +73% | 1,236 |
| Dilworth Mountain | $709,500 | $1,225,000 | +73% | 516 |
| Glenmore | $569,000 | $932,000 | +64% | 1,531 |
| North Glenmore | $510,000 | $830,000 | +63% | 940 |
| University District | $625,000 | $975,000 | +56% | 285 |
| Peachland | $531,500 | $822,000 | +55% | 923 |
| Kelowna South | $582,000 | $865,000 | +49% | 1,214 |
| Central Okanagan | $553,500 | $949,900 | +72% | 25,885 |
The Central Okanagan row is every neighbourhood on the board, not just these thirteen, and it is there so each area can be read against the wider region. Sales counts are the full ten years, 2016 through July 2026. Every figure is a median of single family detached sales recorded on the Interior REALTORS® MLS®, pulled 1 September 2026. Year to date figures cover January through July 2026, so they are not a full year and should not be read as one.
How to read this without fooling yourself
A median is not your house. It is the middle of a set. Half sold for more. If your home is unusual in any direction, the median is a starting point for a conversation, not an answer.
Year to date is not a year. The 2026 column covers January through July. Comparing a partial year against full ones will mislead you, particularly in the smaller neighbourhoods where a handful of sales moves the number.
Small areas move on small numbers. Wilden and Dilworth Mountain sell a few dozen homes a year. That is why the figures here are annual rather than monthly. A single month in a small neighbourhood is noise wearing a statistic’s clothing, and publishing it as a trend would be inventing one.
What this cannot tell you is what your specific home is worth. Condition, view, lot, and timing all move a price more than any neighbourhood average does. That part needs someone to actually look at it.
What I do with this
I read these numbers every month because they change what I advise. Six months of inventory and 42 days on market means a seller who prices ahead of the market will sit, and a buyer who moves fast on the right home is not being reckless. Two years ago both statements were false.
If you are weighing a move, the useful conversation is not about the market. It is about your house, your timing, and what the data says about the gap between them. That is what I would walk you through in how I list and market a home, and what I look for on the buying side in how I represent buyers.
