Kelowna & Central Okanagan Real Estate Market Update – February 2026
The Kelowna and Central Okanagan real estate market showed a mix of price adjustments and slower activity in February 2026 compared to the same time last year. Below is a detailed breakdown of year-over-year trends for single-family homes, townhomes, and condos, including sales, new listings, average prices, and days on market.
Kelowna Single-Family Homes – February 2026
- Sales: 115 single-family home sales were recorded in February 2026, a 6% decrease compared to 122 sales in February 2025.
- New Listings: 362 new listings entered the market, reflecting a 10% decline from 402 listings a year earlier.
- Average Price: The average sale price reached $1,025,816, marking a 10% decrease from $1,145,058 in February 2025.
- Days on Market: Homes averaged 78 days on market, a 10% increase from the 71-day average last February.
Kelowna Townhomes – February 2026
- Sales: Townhome sales totaled 45 units, a 4% decrease from 47 sales in February 2025.
- New Listings: 155 new townhome listings came to market, a 4% increase from 149 the year before.
- Average Price: The average townhome price came in at $759,138, a 1% increase compared to $752,338 last February.
- Days on Market: Townhomes spent more time on the market, averaging 77 days, about 51% longer than the 51-day average in February 2025.
Kelowna Condos – February 2026
- Sales: Condo sales reached 74 units, a 5% decrease from 78 sales in February 2025.
- New Listings: 197 new condo listings were added, an 18% decrease from 240 listings this time last year.
- Average Price: The average condo price adjusted to $497,379, reflecting a 2% decrease from $506,243 a year earlier.
- Days on Market: Condos averaged 75 days on market, a 6% increase from 71 days last February.
Thinking About Buying or Selling in Kelowna?
Whether you're preparing to list your home or planning your next move, Jeff Creamer with Royal LePage Kelowna provides trusted local insight and data-backed guidance to help you navigate the Kelowna real estate market with confidence.
- Call: 250-575-7112
- Email: jeff@shopkelownahomes.com
View January 2026 Central Okanagan / Kelowna Real Estate Market Update
Source: Association of Interior Realtors