DECEMBER North Okanagan Real Estate Report 2025
NORTH OKANAGAN DECEMBER 2025 OVERVIEW
Scroll to see what happened in North Okanagan real estate in DECEMBER 2025.
Local Residential Real Estate Market Ends Year on Solid Footing
KELOWNA, B.C. – January 6th, 2026
Residential real estate activity in December tracked close to normal levels, resulting in a healthy conclusion to the year, reports the Association of Interior REALTORS® (the Association). A total of 788 residential unit sales were recorded across the Association region in December, down from November’s 939 units, yet up 10.4% compared to units sold in December 2024.
New residential listings saw a 9.6% increase compared to December 2024 with 1,017 new listings recorded last month. The total number of active listings saw a 0.5% decrease in inventory compared to December 2024 with 6,686 recorded across the Association region. The highest percentage increase in active listings across the Association region was recorded for a third consecutive month in the North Okanagan with a total increase of 11% compared to December 2024. “Despite navigating a year of economic shifts, policy changes, and evolving buyer and seller behavior, the residential real estate market wrapped up the year on steady ground,” says Association of Interior REALTORS® President Kadin Rainville, adding that “activity finishing within the 10-year average range reflects a market that has largely recalibrated and normalized, setting a positive and stable foundation as we move into 2026.”
“The increase in new listings will be a welcome development, providing not only more choice but also helping to foster more balanced market condition,” notes Rainville. In the Okanagan and Shuswap/Revelstoke regions, the benchmark price for single-family homes saw decreases last month in all sub-regions in year-over-year comparisons with the exception of the South Okanagan, which saw an increase of 2.7%, coming in at $743,700. The townhome housing category recorded the Central Okanagan being the only region that saw a decrease of 9.5% compared to the same time the previous year, coming in at $675,700. The benchmark price in the condominium housing category saw decreases of 0.2% and 1.3% in the Central and North Okanagan and the region compared to December 2024, coming in at $470,600 and $302,700 respectively.
If this feels like the year you want to make a move, consider this your nudge to tune in. The real story isn’t always in the headlines. It’s happening street by street, block by block. Having a local team you can call to soundboard ideas, talk timing, and cut through the noise makes the whole thing feel a lot simpler.If you’re curious, quietly planning, or just want a clearer read, we’re always happy to talk it through.