Kelowna Real Estate 2025 Snapshot

Kelowna Real Estate 2025 Snapshot

🏡 How Does Your Kelowna Neighbourhood Compare in 2025?

Good Morning,

As we wrap up Q2 2025, one question keeps coming up from both buyers and sellers in the Kelowna real estate market:
“Where does my neighbourhood stack up?”

The good news? Kelowna home prices have remained resilient. Despite national headlines and economic uncertainty, homes are still selling — just more strategically. Whether you’re a homeowner considering selling, a buyer looking for value, or a developer planning an infill multifamily build, understanding your neighbourhood’s performance is key in today’s data-driven market.


🏠 Single Family Homes in Kelowna: Location Still Wins

Top-selling neighbourhoods for single-family homes:

  • Lower Mission: 78 sales | Avg. Price: $1.535M

  • Upper Mission & Glenmore: Strong activity and prices

  • Westbank Centre & Rutland North: High demand under $850K

These figures show that well-priced homes continue to attract motivated buyers across all price points. If you're thinking of selling a house in Kelowna, pricing correctly based on your micro-market is crucial.


🏘️ Kelowna Townhomes: Quiet Strength in the Market

High-performing areas for townhomes:

  • Kelowna South, Lower Mission, Shannon Lake: Avg. around $770K

  • Rutland North: Entry-level buyers active under $600K

Townhomes remain a solid choice for young families, downsizers, and first-time buyers seeking space, lifestyle, and flexibility. Builders exploring multifamily housing development in Kelowna should take note of this sustained demand.


🏢 Apartments in Kelowna: High Volume, But Precision Matters

Sales leaders for apartment condos:

  • Kelowna North: 96 sales

  • Lower Mission: 77 sales

  • Rutland North: Avg. Price ~$360K (affordable entry point)

  • Kelowna South & Big White: Mid-$500Ks and up

Apartments are leading in transaction volume — but success depends heavily on pricing strategy, staging, and marketing. For developers and investors, these trends highlight where rental demand and condo sales are strongest in Kelowna.


🏗️ Infill Multifamily Builds: Where Builders See Opportunity in 2025

The 2025 landscape continues to favor infill development projects in central Kelowna neighborhoods like:

  • Kelowna South

  • Glenmore

  • Rutland

  • Pandosy Village

With increasing demand for multi-unit housing, smart zoning, and relatively high land values, these areas are ideal for builders and developers focused on duplexes, fourplexes, and small apartment buildings. If you're considering a Kelowna infill project, let's chat about current zoning bylaws and recent comp sales.


📲 Ready to talk strategy?

Let’s explore your 2025 real estate options — no pressure, just valuable insights.

Mark and Maddie Coons
Selling Kelowna Real Estate Group
📞 778-744-0872
📧 [email protected]

🌐 www.sellingkelowna.ca

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