Central Okanagan Market Report

Serious About Selling?Why Asking Price Matters

The H1 2026 Central Okanagan luxury market report. Every $1.5 million plus detached sale from January to June, broken down by price band and by neighbourhood.

160Sales above $1.5M, H1 2026
$1.85MMedian sale price
15.7Months of supply

In the first half of 2026, 160 homes over $1.5 million sold in the Central Okanagan. That's exactly the same number as the first half of 2025.

Median price moved 1%. Per square foot, it didn't move at all.

The market held still. What's changed is everything underneath it.

What's in the report

  • Every $1.5M+ detached sale from January to June 2026, measured against the same period in 2025
  • The gap between asking and achieved prices, broken out by price band
  • Months of supply across thirteen neighbourhoods, from lows of 4 months to highs of 44 depending on neighbourhood
  • How long homes actually took to sell, and what they closed at against list price
  • Why the numbers matter if you're considering selling, and if you're considering buying
Keegan Cawley, REALTOR®

Sotheby's International Realty Canada

After twenty years in B2B and healthcare capital sales with Stryker and Baxter, I bring sales expertise and knowledge together with my passion for Real Estate to offer unique insights to my clients. I build these reports because the headline numbers most people see hide more than they show.

250.215.4476  |  keegan.cawley@sothebysrealty.ca

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The Central Okanagan Luxury Market

H1 2026  ·  Detached above $1.5M  ·  5 pages

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Keegan Cawley
Keegan Cawley
Contact
Kelowna
Vernon
Home Valuation
Home Page
Keegan Cawley
Keegan Cawley
Contact
Kelowna
Vernon
Home Valuation
Home Page
Contact
Kelowna
Vernon
Home Valuation
Home Page