August was a hard month for many families across the Interior, and our thoughts are with everyone affected by the wildfires. The North Okanagan market kept moving, and the numbers show three different stories.

Single family homes held their value, with the benchmark steady at $794,300. Townhouses are up 3.2% to $561,000 and selling a little faster than last year. Condos are where buyers have the most room right now, with more choice and prices easing slightly.

Wondering what this means for your home or your next move? Reach out to any of us below. We're happy to walk through the numbers with you.

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AUGUST North Okanagan Real Estate Report 2026

We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...

NORTH OKANAGAN
AUGUST 2026 OVERVIEW

Scroll to see what happened in North Okanagan real estate in AUGUST 2026 and get the region overview below.

Across the Interior Region

Local Residential Real Estate Market Activity Remains Steady Despite Wildfire Impacts

Source: Association of Interior REALTORS®, September 3, 2026.

KELOWNA, B.C. – September 3rd, 2026. Residential real estate activity across the Interior saw some dampening in demand in August in relation to wildfire activity, reports the Association of Interior REALTORS® (the Association).

The Association region recorded 1,141 residential sales in August, down from 1,496 in July and down 13.4% compared to the same time last year.

New residential listings saw a 17.9% decrease compared to August 2025 with 2,062 new listings recorded last month, and down from the previous month’s 2,569 new listings. The total number of active listings saw a 7.7% decrease in inventory compared to the same time last year with 9,378 recorded across the Association region and down compared to July’s 9,630 total inventory.

“August was a difficult month for our communities. Evacuations displaced families, homes were lost, and the focus rightfully shifted away from real estate. Our thoughts are with everyone affected,” says Association of Interior REALTORS® President Ryan Mayne, adding that “activity slowed as a result, which is completely understandable given what so many people were going through.”

In the Okanagan and Shuswap/Revelstoke regions, the benchmark price for single-family homes saw increases across all sub-regions in August compared to the same month last year, apart from the Shuswap/Revelstoke region that saw a decrease of 0.5%, coming in at $748,400. The townhome housing category saw percentage decreases in all sub-regions, with the exception of the South Okanagan that saw a percentage increase of 2.7% compared to the same month the previous year, coming in at $504,700. The benchmark price in the condominium housing category saw decreases in all sub-regions except for the South Okanagan that saw an increase of 1.1% compared to August 2025, coming in at $435,900.

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