This Okanagan Shuswap Real Estate Update covers the areas of Greater Vernon and the North Okanagan, Kelowna and Central Okanagan as well as Salmon Arm and the Shuswap.

Updated Stats for Residential Homes in the Okanagan Shuswap - August 2025

Sell/Inventory Ratio (this is the "absorption" of homes, i.e. how much of what is currently on the market sold last month.):

North: 16.25%

Central: 10.49%

Shuswap:  16.21%

Days to Sell (how many days on average it is taking to sell a home. Please note this does not include additional time on the market of any listings that expired or were cancelled and then re-listed.):

North: 61

Central: 58

Shuswap: 66

Active Listings:

North: 1635

Central: 4335

Shuswap: 1150

Benchmark Price:

North:

Single Family: $792,700

Townhouse:     $609,200

Apartment:    $316,500

Central:

Single Family: $1,050,900

Townhouse:     $721,900

Apartment:    $497,000

Shuswap:

Single Family: $756,700

Townhouse:     $568,000

Apartment:    $422,900

Average Prices (Residential):

North: $834,852

Central: $1,097,131

Shuswap: $725,309

Lakefront Sales (Year to date):

North Okanagan Waterfront Home Sales: 21

Central Okanagan Waterfront Home Sales: 46

Shuswap Waterfront Home Sales: 27

Okanagan Shuswap Overall Statistics:

Total Units that were newly LISTED (and active on the market):

North: 340

Central: 1034

Shuswap: 225

Total Units SOLD (all property types including raw land and commercial):

North: 185

Central: 382

Shuswap: 110

Wrap Up:

Sellers:

If you’re a seller currently on the market, you’re going to need to be competitive with good staging and strong marketing. The buyers are out there, but they are getting pickier. If you’re looking to sell fast, you’ll need the right price and a great agent on your side. To succeed, your home needs to stand out and appeal to buyers who are taking their time to choose carefully. It's time to talk strategy with a professional listing agent today.

If you're currently on the market, our new video "Costly Seller Mistakes" could be an interesting watch for you!

Buyers:

If you’re a buyer currently searching for a home in the Okanagan Valley, you may want to focus your search on Kelowna, where inventory is high, and competition is low. In Vernon, you may still have luck but will need to act faster. If you have your heart set on Shuswap, the demand is high and availability is limited, so be ready to move quickly. The key is to get preapproved, know your must-haves, and be ready to act. When the right home comes along, being prepared will put you in the best position to make a move. It’s more important than ever to have a real estate expert guiding you through your journey. Reach out to our office today to get started!

If you are considering buying a home, the new video "4 Smart Ways to Avoid the Speculation Tax." may be of interest to you!

Here is our feature listing of the month, a peaceful oasis ideal for the recreational enthusiast. View our listing video for 8215 Silverstar Road here:

If you are wanting to buy, call us and we can work together to get you access to that elusive 10% of homes that are not currently on the market.  One of them may just be the perfect home for you.  Reach out to Salt Fowler today. and "Just Add Salt".  Being first in line in this competitive market is key.  

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About the Author: The article above, Real Estate Market Update, was provided by Lisa Salt, an authority on Vernon BC, Okanagan and Shuswap and area real estate and a leader in the field of real estate blogging and vlogging.  Lisa and her group have helped literally thousands of families buy and sell homes since 1993. 

Looking to buy a home in the Okanagan Shuswap area?  Check out "Everything You Need to Know About Buying a Home" article. It’s free of charge and will save you a ton of time!

Looking to sell?  We use the latest technology to get our clients’ homes sold quickly and for as much money as possible.

We help people buy and sell real estate in the following Okanagan/Shuswap areas: Vernon, Armstrong, Enderby, Lake Country, Lumby, Westside and Salmon Arm/Shuswap.

Call or Text 250-549-7258 or email webinfo@saltfowler.com