Updated Stats for Residential Homes in the Okanagan Shuswap - July 2026
Sell/Inventory Ratio (this is the "absorption" of homes, i.e. how much of what is currently on the market sold last month.):
North: 22.58%
Central: 16.10%
Shuswap: 18.52%
Days to Sell (how many days on average it is taking to sell a home. Please note this does not include additional time on the market of any listings that expired or were cancelled and then re-listed.):
North: 73
Central: 53
Shuswap: 58
Active Listings:
North: 1503
Central: 4016
Shuswap: 1144
Benchmark Price:
North:
Single Family: $782,100
Townhouse: $561,000
Apartment: $316,200
Central:
Single Family: $1,072,400
Townhouse: $709,500
Apartment: $490,700
Shuswap:
Single Family: $747,500
Townhouse: $547,900
Apartment: $426,200
Average Prices (Residential):
North: $796,993
Central: $1,096,945
Shuswap: $786,054
Lakefront Sales (Year to date):
North Okanagan Waterfront Home Sales: 9
Central Okanagan Waterfront Home Sales: 33
Shuswap Waterfront Home Sales: 28
Okanagan Shuswap Overall Statistics:
Total Units that were newly LISTED (and active on the market):
North: 298
Central: 1043
Shuswap: 221
Total Units SOLD (all property types including raw land and commercial):
North: 184
Central: 467
Shuswap: 111
Wrap Up:
Sellers can still find buyers in today’s market, but they need to be strategic and patient. With buyers having more choice, pricing, condition, photos, and the overall launch of your listing matter more than ever. The goal isn’t necessarily to be the lowest-priced home, but to make sure your property offers compelling value compared with the other homes buyers are considering. A strong pricing and marketing strategy can help your home stand out and attract the attention it needs.It's time to talk strategy with a professional listing agent today. If you're currently listed or contemplating selling and curious about your next move, our latest video “From Italy to Vernon: Was it Worth the Move?” may be of interest to you!
July’s market gives buyers something they haven’t had in recent years: breathing room. There are more homes to compare, more time for due diligence, and potentially more room to negotiate, but buyers shouldn’t assume every property will be a bargain. Well-priced homes in desirable areas are still attracting attention, so focus on finding the right home at a payment you can comfortably manage rather than waiting indefinitely for the “perfect” market. It’s more important than ever to have a real estate expert guiding you through your journey. Reach out to our office today to get started! If you are considering a move to the area, our new video “The Best $1,000 You’ll Ever Spend Before Buying a Home in Vernon, BC” could be of interest to you!
Here is our feature listing of the month, a luxury home with pool, suite, and lake views. View our listing video for 6905 Foothills Drive here:
If you are wanting to buy, call us and we can work together to get you access to that elusive 10% of homes that are not currently on the market. One of them may just be the perfect home for you. Reach out to Salt Fowler today. and "Just Add Salt". Being first in line in this competitive market is key.
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About the Author: The article above, Real Estate Market Update, was provided by Lisa Salt (unlicensed), an authority on the Vernon BC, Okanagan and Shuswap areas and a leader in the field of blogging and vlogging. The group members at Salt Fowler have helped literally thousands of families buy and sell homes since 1993.
Looking to buy a home in the Okanagan Shuswap area? Check out "Everything You Need to Know About Buying a Home" article. It’s free of charge and will save you a ton of time!
Looking to sell? We use the latest technology to get our clients’ homes sold quickly and for as much money as possible.
We help people buy and sell real estate in the following Okanagan/Shuswap areas: Vernon, Armstrong, Enderby, Lake Country, Lumby, Westside and Salmon Arm/Shuswap.
Call or Text 250-549-7258 or email webinfo@saltfowler.com
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