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Home » Kelowna Real Estate Stats - Market Update - Here's What Happened in July 2025

Kelowna Real Estate Stats - Market Update - Here's What Happened in July 2025

August 1, 2025

Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose

August 1, 2025

Here's what you need to know this summer and fall in Kelowna's real estate market. The Kelowna real estate market continues to show signs of recalibration, balancing between buyer opportunity and seller expectation. July 2025 brought some key shifts in pricing, inventory, and buyer activity across all property types, too. We keep hearing stories of buyers trying to perfectly time the bottom of the market. From experience, many who sit on the sidelines end up chasing the market back up. Watch this month's market video to see why now might be the right time to buy.

There are a lot of great homes on the market right now which is great news for buyers. For sellers, let's work together to ensure your home is market-priced and stands out. If you're looking to buy or sell in Kelowna, give us a call at 250-258-9888.

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Kelowna Real Estate Market By The Numbers

Kelowna Single Family Homes Real Estate Market Stats - July

Homes that are selling are those where sellers adjusted pricing to be more realistic with current market conditions. The average price of a single family home is down 10% over this time last year, and sales are up 7%.

Kelowna Townhome Real Estate Market Stats - July 2025

There's opportunity in the townhome market in Kelowna. Buyers are drawn to townhomes when looking for a transition from condos to single family homes, or vice versa.

Kelowna Condo Real Estate Market Stats - July 2025

We have 23% more inventory on the market vs this time last year, and condo sales are up 24% more than June. There are a variety of price points and condo-types for sale right now ranging from brand new builds, to older buildings and everything in between.

 

If you're looking to buy or sell Kelowna real estate, contact Nyrose & Associates today! 

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