MARCH North Okanagan Real Estate Report 2026
NORTH OKANAGAN
MARCH 2026 OVERVIEW
Scroll to see what happened in North Okanagan real estate in MARCH 2026.
Local Residential Real Estate Market Activity Picks Up Heading into Spring
KELOWNA, B.C. – April 7th, 2026. Residential real estate activity in March showed signs of gaining momentum ahead of the spring market, reports the Association of Interior REALTORS® (the Association).
A total of 1,154 residential unit sales were recorded across the Association region in March, up from February’s 838 units, and up 1.3% compared to units sold in March 2025.
New residential listings saw a 4.8% decrease compared to March 2025 with 3,059 new listings recorded last month, yet up from the previous month’s 2,235 new listings. The total number of active listings saw a 3.1% decrease in inventory compared to March 2025 with 8,112 recorded across the Association region. The highest percentage increase in active listings across the Association region was recorded in the Kamloops and District region with a total increase of 4% compared to March last year.
“Although sales are still trailing the 10-year average, recent sales activity is a positive sign as we head into the typically busy spring market. We’re seeing improvement from earlier in the year, even as inventory edges down slightly compared to the same time last year, which is likely a reflection of economic uncertainty continuing to temper some consumer confidence,” says Association of Interior REALTORS® President Kadin Rainville, adding that “in this environment, strategic pricing is essential to capture buyer attention and maximize results.”
In the Okanagan and Shuswap/Revelstoke regions, the benchmark price for single-family homes saw decreases last month in all sub-areas in year-over-year comparisons, with the highest percentage decrease of 7.8% recorded in the South Okanagan, coming in at $709,900. The townhome housing category similarly saw percentage decreases in all sub-areas, with the Shuswap/Revelstoke region seeing the highest percentage decrease of 4.1% compared to the same time the previous year, coming in at $536,800. The benchmark price in the condominium housing category saw decreases in all sub-regions compared to March 2025 with the exception of the South Okanagan that saw an increase of 1%, coming in at $425,800.
Selection is Growing: The North Okanagan saw a 4.2% increase in active listings, one of the highest inventory jumps in the entire Association region.
Pricing is Steady: The benchmark price for a single-family home currently sits at $761,700 (down about 1.4% from last year).
Room to Breathe: Properties are taking an average of 96 days to sell. This means you aren’t being rushed into a decision. You have the time to do your due diligence and negotiate.
The Strategy: We are officially in a "Buyer-Friendly" balanced market. Sellers are motivated to move before summer, and with inventory rising, you have the upper hand to find a home that actually ticks all your boxes, not just the one that’s available. Ready to find your North Okanagan gem?
DM us "NORTH" and let’s find your perfect match while the window is open!