Okanagan Real Estate Market Update – April 2026

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The April Market

April in the Okanagan reflects a clear shift into the spring season, as activity begins to build across the region. As the season progresses, April brings a more active and engaged market environment. Following trends seen throughout 2026 so far, the market continues to show resilience, maintaining a steady and balanced pace. As seasonal engagement increases, more buyers are returning with intent and overall activity is gradually picking up.

Residential Market Overview

According to the Association of Interior REALTORS (the Association), a total of 1,319 residential unit sales were recorded across the Association region in April, up from March’s 1,154 units, and up 0.2% compared to units sold in April 2025.

Ryan Mayne, President of the Association, notes that “with sales closely tracking last year’s activity, the Interior real estate market remains comparatively resilient amid other provincial markets that are experiencing increased volatility. With healthy inventory levels, balanced market conditions and prices staying fairly steady, it remains important for sellers to price appropriately at the onset so listings don’t go stale.”

Inventory

Single-family home inventory in the Central Okanagan totaled 1,274 in April 2026, up 11.9% from last month and down 11.4% versus last year. At 417, inventory within the townhome housing category was up 7.2% versus last month and down 5.2% over last year. Inventory of condominium homes in the Central Okanagan was 794 in April 2026, up 5% over last month but down by 11.2% versus last year.

Benchmark Price by Property Type

In the Central Okanagan, the benchmark price for single-family homes increased by 0.2% over last month, and is up slightly by 1.46% over last year, coming in at $1,049,900.

In the townhome housing category, the benchmark price decreased by 0.21% over last month and down by 1.5% over last year, coming in at $724,000.

The benchmark price in the condominium housing category saw a decrease from April 2025, and an increase of 5.45% over last month, coming in at $497,500.

The Stilhavn Report

The Stilhavn Report

Whether you are looking to buy or sell a home or investment property in the coming months, or just curious about what’s happening in your neighbourhood, The Stilhavn Report has you covered. Providing in-depth market information and monthly summaries of what’s happening in Metro Vancouver and the Okanagan, these monthly reports are the perfect starting point for first time buyers and market savvy investors alike.

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. 

*All statistics are courtesy of The Association of Interior REALTORS®.
^The Association of Interior REALTORS® is a member-based professional organization serving approximately 2,500 REALTORS® who live and work in communities across the interior of British Columbia including the Okanagan Valley, Kamloops and Kootenay regions, as well as the South Peace River region.
The Association of Interior REALTORS® was formed on January 1, 2021 through the amalgamation of the Okanagan Mainline Real Estate Board and the South Okanagan Real Estate Board. The Association has since also amalgamated with the Kamloops & District Real Estate Association and the Kootenay Association of REALTORS®.