Okanagan Real Estate Market Update – June 2025

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June Momentum: Okanagan Enters Peak Summer Season

June marks a pivotal point in the seasonal calendar for the Okanagan, as the region moves into the early height of summer. Outdoor activity becomes more consistent, supported by increased tourism, a fuller calendar of events, and the expansion of seasonal business operations. The month reinforces the Okanagan’s role as a key summer destination while setting the tone for peak seasonal and economic activity in the weeks ahead

Residential Market Overview

According to the Association of Interior REALTORS®, a total of 1,494 residential unit sales were recorded across the region in June 2025. This marks a month-over-month improvement from May’s 1,482 units sold.

Kadin Rainville, President of the Association, notes:

June brought a welcome rebound in residential real estate sales, suggesting that the market is regaining its footing after a sluggish spring. While we’re not yet back to historic levels, the positive momentum is notable given the lingering economic uncertainty from unresolved trade policies, which have weighed more heavily on other markets in the province.”

Residential Home Sales

A total of 1,494 residential unit sales were recorded across the Association region in June, coming in slightly above May’s 1,482 units and up 8.5% compared to units sold in June last year.

Inventory

New residential listings saw a 0.5% increase compared to June 2024 with 3,275 new listings recorded last month. The total number of active listings saw a 5.6% increase in inventory compared to June 2024 with 10,543 recorded across the Association region. Except for the South Peace River region that saw a decrease in active listings, all other Association regions saw an increase in overall inventory
compared to the same time 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 of the Shuswap/Revelstoke region, which saw a 2.4% decrease, coming in at $735,000.

The townhome housing category saw benchmark price increases in the Shuswap/Revelstoke, Central and North Okanagan, while the South Okanagan saw a slight decrease of 0.8% compared to June 2024, coming in at $522,900. The benchmark pricing in the condominium housing category recorded the South Okanagan being the only region that saw a decrease of 3.0% compared to the same time last year, coming in at $435,800.

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®.