Updated Stats for Residential Homes in the Okanagan Shuswap - May 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: 17.47%
Central: 15.21%
Shuswap: 17.04%
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: 51
Central: 50
Shuswap: 60
Active Listings:
North: 1532
Central: 3980
Shuswap: 1140
Benchmark Price:
North:
Single Family: $756,900
Townhouse: $567,100
Apartment: $322,100
Central:
Single Family: $1,062,800
Townhouse: $732,400
Apartment: $498,200
Shuswap:
Single Family: $724,500
Townhouse: $549,700
Apartment: $426,900
Average Prices (Residential):
North: $794,034
Central: $1,114,454
Shuswap: $770,574
Lakefront Sales (Year to date):
North Okanagan Waterfront Home Sales: 6
Central Okanagan Waterfront Home Sales: 14
Shuswap Waterfront Home Sales: 17
Okanagan Shuswap Overall Statistics:
Total Units that were newly LISTED (and active on the market):
North: 404
Central: 1157
Shuswap: 311
Total Units SOLD (all property types including raw land and commercial):
North: 171
Central: 459
Shuswap: 112
Wrap Up:
Success in today's market comes down to delivering value. Buyers are taking their time and doing their homework, so accurate pricing, thoughtful preparation, and effective marketing are more important than ever. Focus on positioning your home competitively from day one, as well-presented and properly priced properties continue to attract interest, while overpriced listings risk sitting on the market and becoming less appealing over time. It's time to talk strategy with a professional listing agent today. If you're considering living the snowbird lifestyle after selling your home, our latest video “7 Mistakes Snowbirds Make” may be of interest to you!
This is one of the most balanced buying opportunities we've seen in years. While inventory has tightened in some areas, buyers still benefit from having time to evaluate properties, complete inspections, and negotiate terms without feeling pressured into competing in multiple-offer situations. Be patient and selective, but when a well-priced home that meets your needs comes to market, be prepared to act, as the best properties are still selling quickly. 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 Okanagan Valley but not quite sure where to hang your hat, our new video “Is It Better to Live In Vernon or Lake Country?” could be of interest to you!
Here is our feature listing of the month, a bright and central Vernon townhome. View our listing video for#104 3606 25 Avenue 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, 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
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