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

There were 155 sales, 1,029 active listings, and $981,800 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.

The condo market featured 102 sales and 495 active listings at the end of the month. The average sale price was $519,000. Townhome sales were 47, active listings were 295 and the average sale price was $770,100. It’s a buyer’s market for single family homes and townhomes in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $731,800. At the end of the month, there were 65 sales and 315 active listings. There were 12 sales and 53 active listings for condos. The average sale price was $324,100. In comparison, townhomes featured 22 sales, 69 active listings and a $572,500 average sale price. It’s a balanced market for single family homes and condos in North Okanagan.

South Okanagan

There were 45 sales, 396 active listings, and $779,500 average sale price for detached homes in the South Okanagan market.
The condo market featured 22 sales and 122 active listings at the end of the month. The average sale price was $444,500. Townhome sales were 14, active listings were 106 and the average sale price was $553,800. It’s a balanced market for condos 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/.