This Okanagan Shuswap Real Estate Update covers the areas of Greater Vernon and the North Okanagan, Kelowna and Central Okanagan as well as Salmon Arm and the Shuswap.

Updated Stats for Residential Homes in the Okanagan Shuswap - December 2025

Sell/Inventory Ratio (this is the "absorption" of homes, i.e. how much of what is currently on the market sold last month.):

North: 15.77%

Central: 12.47%

Shuswap:  12.28%

Days to Sell (how many days on average it is taking to sell a home. Please note this does not include additional time on the market of any listings that expired or were cancelled and then re-listed.):

North: 86

Central: 70

Shuswap: 101

Active Listings:

North: 11143

Central: 3149

Shuswap: 764

Benchmark Price:

North:

Single Family: $753,900

Townhouse:  $556,500

Apartment:    $302,700

Central:

Single Family: $1,045,700

Townhouse:     $675,700

Apartment:    $470,600

Shuswap:

Single Family: $743,700

Townhouse:     $541,700

Apartment:    $394,300

Average Prices (Residential):

North: $858,036

Central: $1,094,256

Shuswap: $949,810

Lakefront Sales (Year to date):

North Okanagan Waterfront Home Sales: 31

Central Okanagan Waterfront Home Sales: 63

Shuswap Waterfront Home Sales: 38

Okanagan Shuswap Overall Statistics:

Total Units that were newly LISTED (and active on the market):

North: 150

Central: 444

Shuswap: 87

Total Units SOLD (all property types including raw land and commercial):

North: 111

Central: 267

Shuswap: 46

Wrap Up:

Sellers:

Sellers in the North Okanagan are paying closer attention to market feedback and adjusting their strategies accordingly. We’re seeing more realistic pricing and earlier positioning, as many sellers prepare for the anticipated spring buyer surge, particularly in recreation and retirement-focused properties. A smart strategy can position you for stronger results as the market shifts in early winter and into the rest of 2026. It's time to talk strategy with a professional listing agent today. If you're currently on the market and trying to decide if the snowbird life is for you, our new video "Snowbird 101: Before You Become a Snowbird in Vernon BC" may be of interest to you!

Buyers:

With interest rates easing, buyers are gradually re-entering the market, though they remain highly price-conscious. December sales reflected serious, committed buyers, particularly in the waterfront segment, where demand never truly disappeared but has become more selective. Caution remains more pronounced at higher price points, a trend that’s expected to carry into January and beyond. It’s more important than ever to have a real estate expert guiding you through your journey. Reach out to our office today to get started! If you are on the fence about closing this month, our new video "Stop Waiting, Start Buying. Want a Better Price? Buy Your Home in January!" may be of interest to you!

Here is our feature listing of the month, a great property in a resort-style community. View our listing video for 855 8 Avenue, Swan Lake West here:

If you are wanting to buy, call us and we can work together to get you access to that elusive 10% of homes that are not currently on the market.  One of them may just be the perfect home for you.  Reach out to Salt Fowler today. and "Just Add Salt".  Being first in line in this competitive market is key.  

__________________________________

About the Author: The article above, Real Estate Market Update, was provided by Lisa Salt, an authority on Vernon BC, Okanagan and Shuswap and area real estate and a leader in the field of real estate blogging and vlogging.  Lisa and her group have helped literally thousands of families buy and sell homes since 1993. 

Looking to buy a home in the Okanagan Shuswap area?  Check out "Everything You Need to Know About Buying a Home" article. It’s free of charge and will save you a ton of time!

Looking to sell?  We use the latest technology to get our clients’ homes sold quickly and for as much money as possible.

We help people buy and sell real estate in the following Okanagan/Shuswap areas: Vernon, Armstrong, Enderby, Lake Country, Lumby, Westside and Salmon Arm/Shuswap.

Call or Text 250-549-7258 or email webinfo@saltfowler.com