Early-Q3 Okanagan sales largely matched yearly levels, with Central Okanagan at 438 deals, North Okanagan ↓~5% yearly, and South Okanagan ↓~10% yearly.
Single-family benchmark prices stayed consistent, ↑~2% across Okanagan. Kelowna reached $1.07M, while North Okanagan stood near $782K and South Okanagan near $761K.
New listings softened most: Central Okanagan ↓~17%, North Okanagan ↓~27%, and South Okanagan ↓~22%, showing fewer homes entered the market in Early-Q3.
An industry group said lower listing flow was not a concern, because sales and inventory trends suggested Okanagan stayed steady, stable, and sustainable.
Another market report showed Central Okanagan sales activity trailed the 10-yr avg. in Early-Q3 locally: detached ↓~9%, townhomes ↓~5%, and condos ↓~18%.
