This Okanagan Shuswap Real Estate Update covers the areas of Greater Vernon and the North Okanagan, Kelowna and Central Okanagan as well as Salmon Arm and the Shuswap.

Updated Stats for Residential Homes in the Okanagan Shuswap - September 2025

Sell/Inventory Ratio (this is the "absorption" of homes, i.e. how much of what is currently on the market sold last month.):

North: 17.45%

Central: 10.81%

Shuswap:  15.55%

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: 74

Central: 61

Shuswap: 77

Active Listings:

North: 1550

Central: 4180

Shuswap: 1109

Benchmark Price:

North:

Single Family: $753,500

Townhouse:  $596,200

Apartment:    $315,900

Central:

Single Family: $1,020,800

Townhouse:     $736,500

Apartment:    $494,500

Shuswap:

Single Family: $735,200

Townhouse:     $552,900

Apartment:    $417,300

Average Prices (Residential):

North: $789,641

Central: $1,060,499

Shuswap: $768,359

Lakefront Sales (Year to date):

North Okanagan Waterfront Home Sales: 26

Central Okanagan Waterfront Home Sales: 53

Shuswap Waterfront Home Sales: 32

Okanagan Shuswap Overall Statistics:

Total Units that were newly LISTED (and active on the market):

North: 329

Central: 1113

Shuswap: 189

Total Units SOLD (all property types including raw land and commercial):

North: 180

Central: 398

Shuswap: 107

Wrap Up:

Sellers:

While an increase in buyers on the market may seem like a dream come true for sellers, it can also mean increased competition from other listings. To stand out, it's important that your property is priced strategically. To succeed, your home needs to show well and appeal to buyers who are taking their time to choose carefully. It's time to talk strategy with a professional listing agent today.

If you're currently on the market and concerned about how a bad appraisal could affect your sale, our new video "Outsmart the Appraisal" could be an interesting watch for you!

Buyers:

Sales are climbing and inventory is still healthy, so all in all it's a great time to be a buyer. However, don't sleep on a property for too long and miss your window. With all signs pointing to a ramping up of the market, your opportunity could pass quickly. The key is to get preapproved, know your must-haves, and be ready to act. When the right home comes along, being prepared will put you in the best position to make a move. 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 buying a home in the Okanagan area and struggling to find the perfect spot, the new video "Vernon BC: 3 Hidden Gems." may be of interest to you!

Here is our feature listing of the month, a charming home in the desirable Foothills area with incredible 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.  

__________________________________

About the Author: The article above, Real Estate Market Update, was provided by Lisa Salt, an authority on Vernon BC, Okanagan and Shuswap and area real estate and a leader in the field of real estate blogging and vlogging.  Lisa and her group 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