April in the Okanagan marks a clear turn toward spring, with longer days, blooming orchards, and a noticeable uptick in activity—both in the community and the real estate market. Patio season begins, vineyards awaken, and buyers start to explore with renewed interest. While the landscape comes alive with colour, the market holds a steady pace, reflecting a region easing confidently into its spring rhythm.
Residential real estate sales in April held firm at a measured pace, supported by a decent amount of available inventory, reports the Association of Interior REALTORS®^.
Residential Home Sales
A total of 1,317 residential unit sales* were recorded across the Association region in April, coming in above March’s 1,143 units and nudging 0.6% above units sold in April last year.
Inventory
New residential listings saw a modest increase of 0.8% compared to April 2024 with 3,440 new listings recorded last month. The total number of active listings saw a 6.4% increase in total inventory compared to April 2024 with 9,400 recorded across the Association region. The highest percentage increase in active listings across the Association region for another consecutive month was in Central Okanagan with a total increase of 11.9% compared to the same month last year.
Home Sales by Property Type
In the Okanagan and Shuswap/Revelstoke regions, the benchmark price for single-family homes saw increases last month in the Central, North and South in year-over-year comparisons with the highest increase of 2.9% seen in the South Okanagan region, coming in at $778,800. The Shuswap/Revelstoke region benchmark price for single-family homes saw a decrease of 4.2%, coming in at $714,400. In the townhome housing category, benchmark prices saw increases in all regions with exception of the South Okanagan which saw a decrease of 4.5%, coming in at $500,900. The benchmark pricing for condominiums recorded the South Okanagan being the only region that saw a modest decrease of 0.5%, while the Revelstoke/Shuswap, Central and North Okanagan all saw increases of 3.7%, 2.1% and 1.4% respectively.
Welcome to an Elevated Real Estate Experience
At Stilhavn, we continue our relentless pursuit of excellence because it’s our intrinsic belief that our clients deserve better than the status quo. When you become a client with Stilhavn you become a client for life, and it is our privilege to serve not only our local Okanagan market, but further corners within the Lower Mainland.
We keep our fingers on the pulse, we collaborate extensively across our teams, and we are committed to providing an elevated experience when it comes to your next buying or selling journey.
