Updated Stats for Residential Homes in the Okanagan Shuswap - March 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: 18.24%

Central: 14.04%

Shuswap:  14.10%

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: 76

Central: 56

Shuswap: 66

Active Listings:

North: 1329

Central: 3591

Shuswap: 931

Benchmark Price:

North:

Single Family: $761,700

Townhouse:  $548,900

Apartment:    $303,900

Central:

Single Family: $1,047,900

Townhouse:     $725,500

Apartment:    $471,800

Shuswap:

Single Family: $711,800

Townhouse:     $536,800

Apartment:    $399,000

Average Prices (Residential):

North: $807,998

Central: $1,033,292

Shuswap: $805,516

Lakefront Sales (Year to date):

North Okanagan Waterfront Home Sales: 0

Central Okanagan Waterfront Home Sales: 4

Shuswap Waterfront Home Sales: 3

Okanagan Shuswap Overall Statistics:

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

North: 385

Central: 1229

Shuswap: 305

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

North: 138

Central: 397

Shuswap: 83

Wrap Up:

Sellers:

Sellers, it’s important to price your home realistically from the start and prepare for a slightly longer time on market. Buyers are being more selective, so strong presentation and a well-thought-out pricing strategy will be key to attracting serious offers. It's time to talk strategy with a professional listing agent today. If you're looking to live seasonally and wondering what that lifestyle could really look like, our new video “The Real Cost For Snowbirds." may be of interest to you!

Buyers:

Buyers, take advantage of the extra time in the market—don’t rush decisions, and be strategic with your offers. With homes sitting a bit longer and inventory staying balanced, you have more room to negotiate and ensure you’re getting the right property at the right value. 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 to buy your first home and curious about the new GST rebate, our new video "GST Rebate: Big Savings or Distorted?” may be of interest to you!

Here is our feature listing of the month, a Custom log home on 4.9 acres. View our listing video for 20 Valeview Road 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.  

__________________________________

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