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Okanagan Real Estate Market August


  • 697 total Residential sales in August Up from August 2019 of 472, Down from July 2020 of 731.

  • 2,822 total listings down 15% from August 2019 of 3319 and July of 3027

  • August Days on Market was 76 which was similar to July and up from 68 from the same time last year.

  • 1375 New Listings in August very similar to last August of 1368




Single Family Residential Homes

  • 348 total Residential sales in August, UP from August 2019 of 211, Down from July 2020 of 368.

  • Current inventory at 1184 ( Down from last August 1592 and down from July inventory of 1289

  • The median sale price was $749,000 up from $690,000 last year

Townhome Sales

  • 110 Sales in August which is up from 79 from last August

  • Current inventory at 364 down from August 2019 inventory of 372

  • Median sale price $490,000 up from last years median sale price of $430,000

Apartment/Condo

  • 146 sales in June down slightly from 125 in August of 2019.

  • The current inventory is up at 667 which is compared to 595 last August

  • Median sale price $335,000 up from $325,000 last August.

Mobile Homes

  • 36 sales in August 2020 compared to sales of 18 in August 2019

  • Current inventory at 90 down from last August's inventory of 134 homes

  • Median sale price $186,000 up from last Augusts $183,000



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