About Kelowna Real Estate
The Kelowna real estate market represents the increasing demand for stunning homes in one of British Columbia's most exciting cities. Kelowna is among Canada's faster growing cities and is home to a prosperous economy, a vibrant culture, and stunning landscapes that perfectly embody the beauty of the coveted Okanagan region. As young homebuyers, career-hungry professionals, and adventurous retirees seek high-quality properties outside of the expensive Vancouver market, thriving mid-size cities like Kelowna are in high demand. As a result, the Kelowna real estate landscape is expanding to include a wealth of diverse residential options. View all Kelowna real estate listings below, or continue reading about Kelowna homes for sale and the exciting lifestyle that awaits.
High Quality Living With Kelowna Homes For Sale
Kelowna homes for sale provide an exciting look at what's going on in this hot market. The market is still home to the beautiful and high-quality family homes that have long made it a beloved place to live. However, the city's recent rapid growth has diversified its real estate options significantly, prompting development of many amazing contemporary residences, from massive upmarket manors to trendy townhomes and ultra-efficient micro-condos.
Although Kelowna has seen an overall trend of growth and increased real estate development in recent years, there is still some fluctuation. That being said, the present is a great time to purchase if you're considering living in this flourishing city. The continued arrival of homebuyers relocating from Vancouver and Alberta, along with a boost in the city's younger population, simply highlight the soaring demand for Kelowna real estate.
Right now on the market, prospective buyers will encounter a rich variety of property types including classic suburban homes, avant-garde custom designer residences, high-rise condo units, ranchers, luxury homes, and mobile homes. There is truly something for everyone in Kelowna. By the end of 2017, the median price of a two-story home in the city was approximately $720,000. The median price for a bungalow fell in the mid-$600,000s, while the median condo price was just over $412,000. As demand continues to permeate the region, it's likely that home values in and near Kelowna will continue to rise, making properties here exceptional financial and lifestyle investments.
Within Kelowna, you'll find a diverse mix of neighbourhoods, although all the communities boast high-quality homes and a safe, clean environment. Among the areas with the highest concentration of new construction homes are the Glenmore and North Glenmore communities. This exciting part of the city is also homes to many new townhomes and it's close to Knox Mountain Park and other forested areas that are great for hiking.
If you prefer a more established neighbourhood with some of the most affordable homes in the city, Rutland might be your best bet, especially if you'd like to be close to the businesses on Highway 33. Conversely, if you're looking for a luxury home with a stunning view of Okanagan Lake, check out the gorgeous homes in Upper Mission.
The charming beach town of Peachland lies only a few minutes south of the hustle and bustle of the city. Its relaxed atmosphere, quaint village centre, and incredible lake views feel like a full-time...