10/07/2026
📢 October 2026 South Okanagan Real Estate Market Update 🏡📊
Here’s your latest year-over-year snapshot of how the South Okanagan real estate market performed in September 2026:
🌊 South Okanagan Market
📈 Benchmark Price: $601,337 (⬇ 11% YoY)
Benchmark home values decreased compared to the same period last year.
🏠 New Listings: 347 (⬇ 11% YoY)
There were fewer new properties entering the market compared to September 2025.
🔄 Sales: 139 (⬇ 10% YoY)
Sales activity was slightly lower year over year, reflecting a more measured pace of market activity.
⏳ Days on Market: 102 (⬆ 22% YoY)
Properties are taking longer to sell compared to this time last year, giving buyers more time to explore available options.
📦 Inventory: 2,249 (⬇ 8% YoY)
Overall inventory decreased compared to the same period last year.
📊 Months of Supply: 12 (⬆ 1% YoY)
The market continues to have a substantial amount of available supply, giving buyers a wider selection of properties.
💡 What This Means
The South Okanagan market continues to show a mix of changing home values and slower market activity. Benchmark prices, new listings, and sales are all lower year over year, while days on market have increased to 102 days.
With 12 months of supply, buyers continue to have a broad range of properties to consider. For sellers, thoughtful pricing, strong presentation, and effective marketing remain important when positioning a property in the current market.
Whether you’re thinking about buying, selling, or simply curious about your property’s current market value, understanding the latest local trends can help you make informed decisions.
📩 Message us for a personalized breakdown of your neighbourhood or property!
MAAP Group
eXp Realty Penticton
[email protected]
