CONTACT

Just Released! Real Estate Market Update for October 2025

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 - October 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: 18.97%

Central: 12.95%

Shuswap:  18.64%


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: 62

Central: 61

Shuswap: 63


Active Listings:

North: 1424

Central: 3917

Shuswap: 972



Benchmark Price:

North:

Single Family: $773,400

Townhouse:  $570,300

Apartment:    $314,800


Central:

Single Family: $1,042,900

Townhouse:     $697,100

Apartment:    $489,500


Shuswap:

Single Family: $763,700

Townhouse:     $529,000

Apartment:    $415,000



Average Prices (Residential):

North: $789,641

Central: $1,060,499

Shuswap: $768,359


Lakefront Sales (Year to date):

North Okanagan Waterfront Home Sales: 28

Central Okanagan Waterfront Home Sales: 56

Shuswap Waterfront Home Sales: 36



Okanagan Shuswap Overall Statistics:

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

North: 245

Central: 920

Shuswap: 162



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

North: 164

Central: 386

Shuswap: 106



Wrap Up:


Sellers:

In today’s market, sellers who price their homes realistically and focus on strong presentation are the ones seeing the best results. Overpricing leads to longer days on market and often lower offers, while well-priced homes attract the motivated buyers who are actively searching right now. As we head into the fall season, there’s real opportunity for both buyers and sellers—but only for those who move decisively. To succeed, your home needs to show well 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 "The 7 Biggest Home Selling Mistakes" could be an interesting watch for you!


Buyers:

Buyers currently have a rare opportunity with negotiability, available inventory, and the possibility of lower rates ahead. However, waiting too long could mean losing that advantage if many sidelined buyers return to the market at once, making timing a key factor. 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 in the Okanagan area and struggling to find the perfect spot, the new video "7 Things Nobody Told You About Vernon BC" may be of interest to you!




Here is our feature listing of the month, a low-maintenance home in one of Vernon's most desirable communities. View our listing video for #55 2100 55 Avenue 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.  

__________________________________


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: VernonArmstrongEnderbyLake CountryLumbyWestside and Salmon Arm/Shuswap.


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

Comments:

No comments

Post Your Comment:

Your email will not be published
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.