Updated Stats for Residential Homes in the Okanagan Shuswap - February 2026

Sell/Inventory Ratio (this is the "absorption" of homes, i.e. how much of what is currently on the market sold last month.):

North: 13.59%

Central: 11.00%

Shuswap:  12.64%

Days to Sell (how many days on average it is taking to sell a home. Please note this does not include additional time on the market of any listings that expired or were cancelled and then re-listed.):

North: 85

Central: 78

Shuswap: 81

Active Listings:

North: 1206

Central: 3290

Shuswap: 804

Benchmark Price:

North:

Single Family: $781,200

Townhouse:  $546,000

Apartment:    $303,500

Central:

Single Family: $1,056,600

Townhouse:     $671,300

Apartment:    $472,000

Shuswap:

Single Family: $758,600

Townhouse:     $533,100

Apartment:    $398,800

Average Prices (Residential):

North: $880,624

Central: $1,025,816

Shuswap: $791,318

Lakefront Sales (Year to date):

North Okanagan Waterfront Home Sales: 11

Central Okanagan Waterfront Home Sales: 17

Shuswap Waterfront Home Sales: 9

Okanagan Shuswap Overall Statistics:

Total Units that were newly LISTED (and active on the market):

North: 318

Central: 937

Shuswap: 208

Total Units SOLD (all property types including raw land and commercial):

North: 102

Central: 296

Shuswap: 59

Wrap Up:

Sellers:

Sellers need to be precise and intentional, as today’s buyers are highly informed and value-driven. Pricing correctly, preparing the property well, and executing strong marketing are essential to stand out, especially with rising inventory creating more competition. The next couple of months will be critical in setting expectations for the rest of the year. It's time to talk strategy with a professional listing agent today. If you're curious about how AI could affect the future of the real estate market, our new video "AI Takeover?" may be of interest to you!

Buyers:

This winter we aren’t seeing buyers acting out of fear, rather they’re being patient and focused on getting real value. With more inventory available, you have greater choice, less competition, and stronger leverage to negotiate favorable terms. This is a window to be strategic and selective rather than rushed. It’s more important than ever to have a real estate expert guiding you through your journey. Reach out to our office today to get started! If you are looking for a second home in the Okanagan, our new video "Best Neighbourhoods for Snowbirds: Part 3” may be of interest to you!

Here is our feature listing of the month, a Vernon rancher with in-law suite. View our listing video for 2825 Richfield Drive here:

If you are wanting to buy, call us and we can work together to get you access to that elusive 10% of homes that are not currently on the market.  One of them may just be the perfect home for you.  Reach out to Salt Fowler today. and "Just Add Salt".  Being first in line in this competitive market is key.  

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About the Author: The article above, Real Estate Market Update, was provided by Lisa Salt, an authority on Vernon BC, Okanagan and Shuswap and area real estate and a leader in the field of real estate blogging and vlogging.  Lisa and her group have helped literally thousands of families buy and sell homes since 1993. 

Looking to buy a home in the Okanagan Shuswap area?  Check out "Everything You Need to Know About Buying a Home" article. It’s free of charge and will save you a ton of time!

Looking to sell?  We use the latest technology to get our clients’ homes sold quickly and for as much money as possible.

We help people buy and sell real estate in the following Okanagan/Shuswap areas: Vernon, Armstrong, Enderby, Lake Country, Lumby, Westside and Salmon Arm/Shuswap.

Call or Text 250-549-7258 or email webinfo@saltfowler.com