Real Estate Market Report for
Kelowna, BC

Updated : Jun 2016
House
  • Median price $649,000
  • Monthly growth 6.57 %
  • Quarterly trend
  • Stock on market 6.21%
Apartment
  • Median price $317,000
  • Monthly growth 5.70 %
  • Quarterly trend
  • Stock on market 2.52%
Kelowna Home Price

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Kelowna was Canada’s 235th most expensive suburb by listed median house price this month.

Kelowna, British Columbia has a median house price of $649,000 when compiling all the home listings in Jun .

How big are the houses being sold in Kelowna? This month there are 14 one bedroom 134 two bedroom 226 three bedroom 243 four bedroom 144 five bedroom homes on the market.

Is Kelowna a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

In Kelowna, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Canada’s national median home listing price this month is $269,900, which means that Kelowna is in the top 20% for Canada.

The median house price listed in Kelowna this month is $317,000.

How big are the houses being sold in Kelowna? This month there are 70 one bedroom 177 two bedroom 46 three bedroom 16 four bedroom 8 five bedroom homes on the market.

Will prices rise across the next year in in Kelowna? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Kelowna have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
1 bedroom $385,200 $216,000
2 bedrooms $399,450 $328,800
3 bedrooms $595,000 $349,450
4 bedrooms $719,900 $393,000
5 bedrooms $799,450 $489,900
6 bedrooms $799,900 $586,950
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.

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