JOSH MIKO
Personal Real Estate Corporation
CIR Realty

Central Okanagan

Market update: September 2026.

Every month I break down sales, prices, new listings, inventory and days to sell for single family homes, condos and townhouses, and what it means if you're buying or selling.

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September 2026

Three months of momentum, and how this September stacks up against last. Sales, listings, inventory and days to sell across all three segments.

278Total sales
11.41%Sales to inventory

Single family

Excluding lakefront and acreages

Sales, last three months and a year ago

Median price
$965,000
Up 4.3% vs last year
New listings
356
Down 22.3% vs last year
Inventory
1,218
Down 16.1% vs last year
Days to sell
67
61 a year ago

Condo / apartment

Apartment condominiums

Sales, last three months and a year ago

Median price
$423,000
Down 3% vs last year
New listings
182
Down 22.6% vs last year
Inventory
774
Down 6.9% vs last year
Days to sell
85
78 a year ago

Townhouse

Condo and townhouse product

Sales, last three months and a year ago

Median price
$652,500
Down 11.1% vs last year
New listings
137
Down 10.5% vs last year
Inventory
445
Up 4.2% vs last year
Days to sell
82
60 a year ago

Sales vs inventory

The share of available listings that sold in the month. Higher means a faster market: under 16% is a buyer's market, 16% to 20% is balanced, and over 20% is a seller's market.

Jul 202615.42%
Aug 202611.55%
Sep 202611.41%
Sep 202511.55%
Sales
278
313 a year ago
New listings
675
846 a year ago
Inventory
2,437
2,710 a year ago

What it means

  • Sales cooled from July to September in every segment, from 382 total sales to 278.
  • Against September 2025, supply is down 10.1% and new listings are down 20.2%, while sales were down 11.2%.
  • That leaves the market about even with a year ago, with 11.41% of inventory sold versus 11.55%. At that pace it's a buyer's market, and median prices are lower in 2 of 3 property types.

Source: Association of Interior REALTORS® MLS® System, Central Okanagan, September 2026, compared with September 2025. Figures are deemed accurate but not guaranteed (E&OE).

What does this mean for your home?

Area-wide numbers only go so far. I'll show you what's selling on your street and what your home would likely sell for.

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