More condos were sold in the Central Okanagan in May than at any time in the last two years, but sales still remain below the ten-year average.<\/p>\n\n\n\n
The Central Okanagan saw a 28% increase in condo sales last month, according to figures released by the Rennie Advantage real estate analysis report.<\/p>\n\n\n\n
However, the report notes that condo sales were the outlier and sales of single-detached and townhomes were down 13% and 31%, respectively, compared to May 2025. <\/p>\n\n\n\n
Across the Central Okanagan, total sales were down 18% across all housing types.<\/p>\n\n\n\n
Numbers released from the Association of Interior Realtors, which uses a slightly different geographical area, show that sales of single-family homes in the Central Okanagan declined by 7% compared to last year, although prices held steady and increased slightly by 0.6%.<\/p>\n\n\n\n
Following suit with its Southern neighbour, sales of single-family homes in the North Okanagan dropped by seven per cent, and prices dropped by 2%.<\/p>\n\n\n\n
The South Okanagan bucked the trend with a 17% increase in sales, although prices dipped 3%.<\/p>\n\n\n\n
Kamloops also saw single-family home sales increase in May, with a 7% increase. Prices remained on par with May 2025.<\/p>\n\n\n\n
Sales of townhomes in the Central Okanagan were down 27%, and saw prices drop two per cent. Townhomes in the North Okanagan also saw declining sales, with 15% fewer sold than in May 2025, although prices increased by 4%.<\/p>\n\n\n\n
Kamloops followed the pattern with townhome sales down 16%, and prices down 3%.<\/p>\n\n\n\n
Townhomes in the South Okanagan increased by 20%, and prices dropped by 3%.<\/p>\n\n\n\n
The condo market grew across the region, with the North Okanagan seeing a 7% increase in sales, and the South Okanagan a 70% increase. Prices in the North Okanagan remained the same while the South Okanagan saw a 6% rise.<\/p>\n\n\n\n
The condo market in Kamloops also saw an increase, with sales topping May 2025 by 15%. Prices also rose, albeit by less than 1%.<\/p>\n\n\n\n
The benchmark price of a single-family home in the Central Okanagan now sits at $1,063,000, in the North Okanagan, its $757,000, in the South Okanagan $759,000 and in Kamloops $671,000.<\/p>\n\n\n\n
A townhome in the Central Okanagan goes for $732,000, in the North Okanagan for $567,000, in the South Okanagan for $510,000 and in Kamloops $508,000.<\/p>\n\n\n\n
A condo in the Central Okanagan will set you back $498,000, in the North Okanagan $322,000, in the South Okanagan $449,000 and in Kamloops $379,000.<\/p>\n","protected":false},"excerpt":{"rendered":"
Condo sales are still below the ten-year average.<\/p>\n","protected":false},"author":292,"featured_media":7715,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"guid":"","source":"","byline":"","published":"","updated":"","_infotelid":"","_prepressid":"","_multisite_post_sync":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1680,541,543],"tags":[],"region":[322,323,324,325],"class_list":["post-8481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local","category-topnews","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/infonews.ca\/inhome\/news\/8481\/big-surge-in-central-okanagan-condo-sales-but-still-below-average\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Big surge in Central Okanagan condo sales but still below average","url":"http:\/\/infonews.ca\/inhome\/news\/8481\/big-surge-in-central-okanagan-condo-sales-but-still-below-average\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/infonews.ca\/inhome\/news\/8481\/big-surge-in-central-okanagan-condo-sales-but-still-below-average\/"},"thumbnailUrl":"https:\/\/infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-2025\/02\/orig-mediaitemid106075-5396.jpg?w=150&h=150&crop=1","image":{"@type":"ImageObject","url":"https:\/\/infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-2025\/02\/orig-mediaitemid106075-5396.jpg"},"articleSection":"Featured","author":[{"@type":"Person","name":"Ben Bulmer"}],"creator":["Ben Bulmer"],"publisher":{"@type":"Organization","name":"iNhome","logo":""},"keywords":[],"dateCreated":"2026-06-05T01:00:00Z","datePublished":"2026-06-05T01:00:00Z","dateModified":"2026-06-05T01:00:11Z"},"rendered":"