Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in March 2022.
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Central Okanagan: Kelowna and Lake Country

There were 301 sales, 473 active listings, and $1,129,000 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.

The condo market featured 201 sales and 245 active listings at the end of the month. The average sale price was $557,400. Townhome sales were 83, active listings were 128 and the average sale price was $758,100. It’s a seller’s market in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $779,700. At the end of the month, there were 116 sales and 169 active listings. There were 28 sales and 42 active listings for condos. The average sale price was $353,100. In comparison, townhomes featured 51 sales, 26 active listings and a $486,300 average sale price. It’s a seller’s market in North Okanagan.

South Okanagan

There were 87 sales, 198 active listings, and $731,400 average sale price for detached homes in the South Okanagan market.
The condo market featured 56 sales and 80 active listings at the end of the month. The average sale price was $404,400. Townhome sales were 21, active listings were 48 and the average sale price was $494,000. It’s a seller’s market in South Okanagan.

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.
This blog post is based on market data provided by the Association Of Interior REALTORS® https://www.interiorrealtors.ca/.