Kelowna & Central Okanagan Real Estate Market Report – April 2025
Explore the latest trends in the Kelowna real estate market for April 2025. This monthly market update provides a snapshot of sales activity, home prices, inventory changes, and average days on market (DOM) for single-family homes, townhouses, and condos in the Central Okanagan region.
Kelowna Single-Family Home Stats – April 2025
- Home Sales: Sales of single-family homes rose 10% year-over-year, with 203 properties sold in April 2025 compared to 185 in April 2024.
- New Listings: There were 539 new listings, representing a slight decrease of 0.5% from 542 in April 2024.
- Average Sale Price: The average price for a detached home reached $1,035,599 in April 2025, up from $1,025,308 the previous year.
- Days on Market (DOM): Homes sold faster this year, averaging 51 days on market—a 9% improvement from 47 days in April 2024.
Kelowna Townhouse Market Overview – April 2025
- Townhome Sales: Sales dipped 6% year-over-year, with 67 units sold in April 2025 versus 71 in April 2024.
- New Listings: A 7% increase in inventory was recorded, with 165 new townhome listings compared to 154 last year.
- Average Price: Townhome prices averaged $691,894 in April 2025, reflecting a 4% decline from $717,629 in April 2024.
- Days on Market (DOM): Townhomes moved 6% quicker, spending an average of 59 days on market compared to 63 days last April.
Kelowna Condo Market Trends – April 2025
- Condo Sales: Sales declined 10%, with 99 condo units sold in April 2025, down from 110 the year prior.
- New Listings: Inventory rose significantly by 22%, with 322 new listings compared to 264 in April 2024.
- Average Price: The average condo price dropped 4% to $492,517 in April 2025, down from $511,379 a year earlier.
- Days on Market (DOM): Condos took 6% longer to sell, averaging 52 days on market compared to 48 days in April 2024.
Looking to Buy or Sell Real Estate in Kelowna?
Whether you're thinking about purchasing or selling property in Kelowna, connect with Jeff Creamer at Royal LePage Kelowna for professional support and market insight tailored to your goals in the Central Okanagan housing market.
- Call: 250-575-7112
- Email: jeff@shopkelownahomes.com
Check out March 2025 Central Okanagan / Kelowna Real Estate Market Statistics
Source: Association of Interior Realtors