July in Motion: Okanagan Hits Summer Stride
July represents the peak of the summer season in the Okanagan, with the region fully immersed in warm weather, tourism, and outdoor activity. This period reinforces the Okanagan’s position as a leading summer destination, while shaping the height of both lifestyle and economic activity across the region. In the real estate market, early signs of renewed activity have begun to surface, pointing to a more stable outlook even as broader economic challenges persist elsewhere in the province.
Residential Market Overview
According to the Association of Interior REALTORS®, a total of 1,534 residential unit sales were recorded across the region in July 2025. This marks a month-over-month improvement from June’s 1,494 units sold.
Kadin Rainville, President of the Association, notes:
“For the second month in a row, market activity continues to trend in a positive direction, even with stabilized inventory momentum. We’re entering a more typical summer rhythm, which suggests the market is starting to recover from the turbulence caused by tariffs earlier this year.”
Inventory
New residential listings saw a 0.8% increase compared to July 2024 with 2,920 new listings recorded last month. The total number of active listings saw a 2.3% increase in inventory compared to July 2024 with 10,443 recorded across the Association region. The highest percentage increase in active listings across the Association region was in North Okanagan with a total increase of 6.5% 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 all sub-regions in year-over-year comparisons with the exception ofthe South Okanagan region, which saw a 2.0% decrease, coming in at $754,500.
The townhome housing category saw benchmark price decreases in the Shuswap/Revelstoke, Central and South Okanagan, while the North Okanagan saw a minor increase of 0.3% compared to July 2024, coming in at $522,700. The benchmark pricing in the condominium housing category recorded the South Okanagan being the only region that saw a decrease of 2.3% compared to the same time last year, coming in at $435,100.
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.
