🔍 Kelowna Real Estate Market Overview
The Kelowna real estate market remained active in July 2025, despite fewer new listings coming online. With 522 new single-family homes listed—down from 619 in June—inventory is tightening, yet buyer activity remains strong.
A total of 456 homes sold, including 212 single-family homes, making this the busiest July since 2021. For context, July 2022 had only 135 sales, reflecting a significant increase in buyer demand this year.
🏡 Single-Family Homes in Kelowna
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Sales: 212 ↓
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New Listings: 522 ↓
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Inventory: 1,841 ↓
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Median Price: $936,500 ↓
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Average Price: $1,089,193 ↓
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Avg. Days on Market: 56 ↓
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Months of Inventory: 9 ↑
Despite minor price softening, Kelowna’s single-family home market remains stable. If you're planning to sell before the fall market picks up, now is the time to start preparing your strategy.
🏢 Kelowna Condo & Apartment Market – Signs of Recovery
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Sales: 115 ↑
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New Listings: 265 ↑
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Inventory: 971 ↓
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Median Price: $437,000 ↑
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Months of Inventory: 8 ↓
July saw the highest number of condo sales since July 2024, and inventory levels dropped significantly. This shift is great news for Kelowna condo sellers and presents new opportunities for real estate investors and developers.
🏘️ Kelowna Townhome Market – Steady & Resilient
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Sales: 61 ↓
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New Listings: 146 ↓
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Inventory: 441 ↓
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Median Price: $660,000 ↔
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Average Price: $705,256 ↑
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Months of Inventory: 7 ↔
Townhomes in Kelowna remain a solid option for buyers seeking more space. Steady demand and stable pricing make this a reliable segment for both first-time buyers and downsizers.
🧱 Opportunities for Infill Developers & Builders in Kelowna
With improving condo sales and stable demand across townhomes and detached homes, Kelowna’s real estate landscape offers promising conditions for infill multifamily builders and developers.
There’s a growing appetite for new, well-located, and smartly designed housing. Now is the time to analyze absorption rates, evaluate upcoming completions, and position your projects for success heading into 2026.
📊 July 2025 Kelowna Market Snapshot
| Metric | Value |
|---|---|
| Total Sales | 456 ↑ |
| New Listings | 1,113 ↓ |
| Active Inventory | 4,053 ↓ |
| Median Days to Sell | 48 ↑ |
| Average Days to Sell | 66 ↑ |
| Median Sale Price | $739,000 ↓ |
| Average Sale Price | $795,891 ↓ |
| Total Volume | $362.9M ↓ |
💬 Your Real Estate Strategy Starts Here
Whether you're a buyer looking to move before winter, a seller preparing for the fall market, or a developer planning your next build, the current data-driven market conditions in Kelowna call for a clear, customized strategy.
📞 Mark and Maddie Coons are here to help—no pressure, no obligation. Let’s build a plan that aligns with your timing and goals.
📍 Contact Us
Mark and Maddie Coons
Selling Kelowna Real Estate Group
Tel: 778-744-0872
