Association of Interior REALTORS® - Okanagan Branch

Market Conditions


Single Detached

Months of inventory for single detached homes numbered 8 at the end of the first quarter of 2026, down from the 9.2 months recorded at the end of the first quarter of 2025.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

With a tighter market, homes spent less time on the market in the first quarter of 2026 than they had a year earlier.

The median number of days on market for sold single detached homes was 56 in the first quarter of 2026, down slightly from 58 days in the first quarter of 2025.


Townhouse

Months of inventory for townhouse and row units numbered 6.1 at the end of the first quarter of 2026, down slightly from the 6.4 months recorded at the end of the first quarter of 2025.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite a tighter market, townhouse and row units spent more time on the market in the first quarter of 2026 than they had a year earlier.

The median number of days on market for sold townhouse and row units was 62 in the first quarter of 2026, up from 49 days in the first quarter of 2025.



Apartment Units

Months of inventory for apartment units numbered 6.7 at the end of the first quarter of 2026, down from the 9.3 months recorded at the end of the first quarter of 2025.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite a tighter market, apartment units spent more time on the market in the first quarter of 2026 than they had a year earlier.

The median number of days on market for sold apartment units was 59 in the first quarter of 2026, up slightly from 58 days in the first quarter of 2025.



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