Kelowna Real Estate Stats - Market Update - Here's What Happened in December 2025

by Michelle Collie

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose

January 1, 2026.

2026 is already starting off better than 2025, but there are still homes out there that are over-priced. In a typical market, you might see approx. 20% of homes that are priced above the market value. In 2025, that number was more like 45% of listings. But, things are changing as we head into 2026 which is excellent news. Last year, we predicted townhomes winning 2025's market. What we didn't account for was that move up and move down buyers have to sell their home to rightsize, and both markets made that difficult.

However, as we look to 2026 and see more stability across the board, townhomes will have the advantage in sales for 2026.

If you're looking to buy or sell, it's important to choose an experienced real estate agent like those at Nyrose and Associates. For more information on the market, or to chat strategy contact the Kelowna Real Estate Pros at Nyrose & Associates 250-258-9888.