Okanagan Real Estate Market Update – June 2026

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The June Market

June in the Okanagan signals the beginning of the summer season, as communities welcome warmer days, increased tourism, and a more active pace of life. The housing market continues to reflect the stability established throughout the spring, with buyers and sellers navigating balanced conditions across the region. As seasonal activity extends beyond real estate, June offers an opportunity for households to plan ahead while market conditions remain steady. Overall, the month reflects a healthy transition into summer, supported by measured activity and a balanced market environment.

Residential Market Overview

The Association region recorded 1,547 residential sales in June, up from 1,456 in May and up 3.8% compared to the same time last year.

“After a very slow start to the year, we’ve seen market activity steadily return to more typical levels over the past few months, which is an encouraging sign as we move into the busy summer season,” says Association of Interior REALTORS®  President Ryan Mayne, adding that “although new listings have eased between June and July, the decline is consistent with typical seasonal trends.”

Inventory

Single-family home inventory in the Central Okanagan totaled 1,321 in June 2026, down 2.4% from last month and down 16.0% versus last year. At 453, inventory within the townhome housing category was up 4.8% versus last month and up 3.7% over last year. Inventory of condominium homes in the Central Okanagan was 821 in June 2026, up 3.9% over last month but down by 15.5% versus last year.

Benchmark Price by Property Type

In the Central Okanagan, the benchmark price for single-family homes decreased by 0.9% over last month, and is down by 1.3% over last year, coming in at $1,053,700.

In the townhome housing category, the benchmark price decreased by 3.4% over last month and down by 0.8% over last year, coming in at $707,500.

The benchmark price in the condominium housing category saw a decrease of 0.6% over last month, and a decrease of 4.1% from June 2025.

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®.