Rom’s Opinion about the Okanagan Real Estate Market
Residential real estate activity in February experienced a modest rebound following a slower-than-expected January, reports the Association of Interior REALTORS® (the Association).
A total of 838 residential unit sales were recorded across the Association region in February, up from January’s 623 units, and down 8.0% compared to units sold in February 2025.
After a sluggish start to the year in January, sales seemed to return to a more normal pace last month. Although we’re still sitting just below average levels, momentum is building and heading in the right direction. The pent up demand has not disappeared and with more listings coming online I expect to see more sales activity.
In the Okanagan region, the benchmark price for single-family homes saw decreases last month in the Central and South Okanagan in year-over-year comparisons of 0.9% and 5.7% respectively, coming in at $1,056,600 and 691,900. The townhome housing category recorded the Central and South Okanagan as the only sub-regions that saw a decrease of 8.1% and 6.0% compared to the same time the previous year, coming in at $671,300 and $483,200 respectively. The benchmark price in the condominium housing category saw decreases in all regions compared to February 2025 with the exception of the South Okanagan that saw an increase of 1.4%, coming in at $410,400.
INTERIOR OF BC FEBRUARY 2026 STATS
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Community Events Okanagan March 17 – April 30, 2026
MARCH
March 17
Dynamic Duo – Live Music
Ellipsis 51, Kelowna
March 17-20
Crafty Spring Break Camp – Personalize Your Bedroom
Paint & Create Studio, Kelowna
March 17-24
Bootcamp: Codes and Camo (Interactive History Program)
Okanagan Military Museum, Kelowna
March 18
Wine & Song Night (Live Music Evening)
Maestro’s Mediterranean Restaurant, Kelowna
March 18
DJ Session Night
Kelowna Beer Institute, Downtown Kelowna
March 20
Stand-Up Comedy: Ben Bankas
Prospera Place, Kelowna
March 21
Free Youth Activity Night
Parkinson Recreation Centre, Kelowna
March 22-23
Goo Goo Dolls – Live in Concert
Prospera Place, Kelowna
March 30
Karaoke Night
O’Flannigan’s Pub, Kelowna
APRIL
April 1
Wine & Song Night (Weekly Live Music Series)
Maestro’s Mediterranean Restaurant, Kelowna
April 1
DJ Session Night
Kelowna Beer Institute
April 7-9
Central Okanagan Performing Arts Festival – Voice Category
Rotary Centre for the Arts, Kelowna
April 15-17
Central Okanagan Performing Arts Festival – Piano Category
Rotary Centre for the Arts, Kelowna
April 20-22
Central Okanagan Performing Arts Festival – Strings Category
Rotary Centre for the Arts, Kelowna
Tip: Many local venues also host weekly trivia nights, live music, and wine tastings throughout the spring. It’s always worth checking your favourite winery, brewery, or restaurant for additional events.
If you’re new to the area or thinking about making the Okanagan home, feel free to reach out anytime for local insights, neighbourhood information, or real estate opportunities.
Wishing you a wonderful spring in the Okanagan!