North Okanagan home sales increased in October

Nov 5, 2025 | 3:02 PM

The North Okanagan’s housing market had a busy October.

The Association of Interior Realtors (AoIR) said there were 150 units sold in the area during the latest reporting month.

That was up 18.1 per cent compared to last October, though just below the 156 units sold in September.

The AoIR stated there were 919 active listings in the North Okanagan as of the end of October, after 201 new units went on the market during that month. The association noted the North Okanagan had the highest percentage increase in new listings of any region in October at 4.0 per cent.

The association added that benchmark prices for single family homes in the North Okanagan rose 4.0 per cent on an annual basis to $773,400, while condominium and apartment prices also increased by 0.8 per cent to $314,800 in October.

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However, townhouse prices did fall by 2.4 per cent to $570,300.

The Central Okanagan saw a slightly different market in October.

The AoIR said there were 350 units sold in that region during the latest reporting month. That was down 3.6 per cent annually, and slightly below the 367 sales seen in September.

The number of active listings in the Central Okanagan was recorded at 3,021 as of the end of the month, with 817 new listings going on the market in October.

The Central Okanagan also saw benchmark prices for single homes rise by 6.1 per cent to $1,042,900, and condominium and apartment prices rise by 1.0 per cent to $489,500, while townhouse prices declined 3.0 per cent annually to $697,100 in October.

The AoIR also noted that there was an increase in new listings across the Southern Interior on an annual basis in October, though active listings remained flat compared to the same month in 2024.

“Market activity for the month was steady, which is a positive sign for this time of year. Typically, we see a cooling in the market as the weather cools, but October held flat instead of dipping, which in real estate terms is a good thing. This is an encouraging indicator of buyer and seller confidence in the local real estate market,” AoIR President, Kadin Rainville, said in their monthly report.

“Current trends indicate that the market continues to perform within the bounds of a typical year-to-date pattern in activity. It will be interesting to see if this consistency carries through to deliver a strong hand-off into the new year.”

by Liam Verster

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