Central Okanagan / Kelowna Real Estate Market Statistics Snapshot: August 2025

August 2025 Kelowna Housing Market Trends and Statistics

Here's a look at how the real estate market performed across Kelowna and the Central Okanagan in August 2025. This monthly snapshot highlights key data for single-family homes, townhomes, and condos—including pricing trends, sales activity, new listings, and average days on market.

Kelowna Single-Family Homes – August 2025

  • Sales: There were 157 single-family home sales recorded in August 2025, marking a 7% increase from the 147 sales in August 2024.
  • New Listings: A 9% decline was noted in new listings, with 388 homes entering the market, down from 425 the same time last year.
  • Average Price: The average sale price for a single-family home climbed 9% to $1,097,131, compared to $1,006,399 in August 2024.
  • Days on Market: Properties took slightly longer to sell this year, with an average of 58 days, a 2% increase from 57 days a year ago.

Kelowna Townhomes – August 2025

  • Sales: Townhome sales increased slightly by 4%, with 47 units sold this August versus 45 in August 2024.
  • New Listings: There were 124 new townhome listings in August 2025, a 2% drop from 126 the year before.
  • Average Price: The average townhome price decreased 3%, reaching $699,379, down from $717,399 in August 2024.
  • Days on Market: Townhomes also saw longer selling times, averaging 56 days on the market—24% slower than the 45-day average last August.

Kelowna Condos – August 2025

  • Sales: Condo sales increased by 31%, with 101 units sold compared to 77 in August 2024.
  • New Listings: Condo inventory grew by 6%, rising to 224 listings in August 2025, up from 212 during the same month last year.
  • Average Price: Condo prices saw a slight .4% decrease, with the average now at $458,781, down from $460,565 in August 2024.
  • Days on Market: Condos were on the market longer this August—68 days on average, which is a 15% increase from 59 days last year.

Need Help with Buying or Selling in Kelowna?

Whether you're planning to list your property or find a new home in Kelowna, connect with Jeff Creamer at Royal LePage Kelowna for expert advice and local market knowledge.

  • Call: 250-575-7112
  • Email: jeff@shopkelownahomes.com

View July 2025 Central Okanagan / Kelowna Real Estate Market Statistics

Source: Association of Interior Realtors