Week of October 19–25, 2026 · Central Okanagan Real Estate
11 Residential Weeks Available · Graham Real Estate
October 19–25, 2026 — 141 new home listings, 68 home sales
New home listings rebounded to 141 after Thanksgiving week while home sales eased to 68. Homes priced right from day one got about 97% of asking in about five weeks; the 19 that needed a price cut got about 91% and took about three months.
AIR Matrix, Central Okanagan, residential only, October 19–25 2026: sales by sold-reported date; new listings by contract effective date; expired and cancelled by status date; homes for sale counted Monday, October 26. One sale under $100,000 is excluded. Days are cumulative days on market, so they are not directly comparable with earlier issues. Year-ago figures are October 20–26 2025 on the same rules.
- Home sales
- 68
- Sale-to-List Ratio
- 96.7%
- Days to sell
- 84
Down from 74 the week before
Typical residential result
Typical, cumulative days on market
Residential sales · Pricing matters
Priced right. Or reduced later.
Priced right from day one
28 homes
97%
of original asking price
33 days to sell
Needed a price cut
19 homes
91%
of original asking price
94 days to sell
- At about 97%
- $679,000
- At about 91%
- $637,000
$42,000 difference · 61 extra days
Illustration only, not a forecast or valuation.
Comparison notes
Using this week’s rounded residential group results. Typical means the middle value. Different homes sold in each group; pricing alone does not explain every difference.
Residential sales · By price
Where buyers bought
68 home sales this week
- Under $500,000
- 15
- $500,000–$750,000
- 20
- $750,000–$1 million
- 18
- $1–$1.5 million
- 10
- $1.5 million and up
- 5
The market by home type
How much choice buyers have right now
Latest complete month: loading. More than six months of inventory generally means buyers have more choice and time.
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Latest monthly figures
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Latest monthly figures
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Latest monthly figures
Residential homes only. Typical means the middle value. The typical Sale-to-List Ratio is the median of individual sold ÷ list ratios; the overall ratio is shown separately. Days to sell now counts cumulative days on market, including earlier listings of the same home, so it reads higher than earlier issues. Non-sale rate = expired plus cancelled divided by sales plus expired plus cancelled.
11 residential weeks available. Listings recovered after the holiday.
New home listings bounced back to 141 after Thanksgiving week, as expected. Home sales eased to 68.
Observed residential weeks only; missing weeks are omitted, not filled in. October new-listing figures are approximate.
| Week | New Listings | Sales | Unsold | Non-sale rate | Expired | Cancelled | Sales ÷ new |
|---|---|---|---|---|---|---|---|
| Jul 27–Aug 2 | 206 | 120 | 168 | 58% | 70 | 98 | 58% |
| Aug 3–9 | 161 | 89 | 90 | 50% | 23 | 67 | 55% |
| Aug 10–16 | 193 | 83 | 117 | 59% | 45 | 72 | 43% |
| Aug 17–23 | 184 | 85 | 125 | 60% | 37 | 88 | 46% |
| Sep 7–13 | 220 | 81 | 96 | 54% | 25 | 71 | 37% |
| Sep 14–20 | 202 | 76 | 111 | 59% | 39 | 72 | 38% |
| Sep 21–27 | 166 | 66 | 94 | 59% | 21 | 73 | 40% |
| Sep 28–Oct 4 | 173 | 64 | 212 | 77% | 115 | 97 | 37% |
| Oct 5–11 | ~175 | 58 | 95 | 62% | 22 | 73 | 33% |
| Oct 12–18 | ~116 | 74 | 109 | 60% | 49 | 60 | 64% |
| Oct 19–25 | 141 | 68 | 111 | 62% | 31 | 80 | 48% |
AIR Matrix residential records only. Missing weeks are omitted. ~ means about. From October 19–25, new listings are counted by contract effective date. Sales ÷ new listings is a weekly comparison, not a cohort conversion rate.
New home listings rose to 141 from about 116 in Thanksgiving week. Home sales eased to 68 from 74, and were 93 in the same week last year. Expiries fell to 31 from 49; cancellations rose to 80 from 60. The residential non-sale rate rose to 62% from 60%.
Of 68 residential sales, 15 were at $1 million or more. Five were at $1.5 million or more.
Houses: 33 sales, a typical $925,000, 97.4% of list, and 76 days. Townhomes and half-duplexes: 14 sales, a typical $621,250, 96.9% of list, and 91 days. Condos: 16 sales, a typical $440,000, 96.2% of list, and 50 days. Manufactured and park homes: 5 sales, a typical $310,000.
By city: Kelowna 43 sales (typical $750,000); West Kelowna 12 ($655,000); Lake Country 6 ($832,500); Peachland 3 ($707,000); Big White 3 ($700,000); other 1.
By price: under $500,000 — 15 sales; $500,000–$750,000 — 20; $750,000–$1 million — 18; $1–$1.5 million — 10; $1.5 million and up — 5.
"Priced right: about 97% in about five weeks. Price cut needed: about 91% in about three months."
Listings came back. Sales eased.
141 new home listings arrived this week, up from about 116 over Thanksgiving week. That bounce-back is what we expected.
68 home sales is down from 74, and below the 93 sold in the same week last year. The typical price, $741,000, is close to last year's $744,000.
With 2,768 homes for sale, buyers have plenty to choose from.
28 homes never changed their price. 19 did. 21 had been listed before.
Priced right from the start (28 homes): sold for about 97% of asking, in a typical 33 days.
Needed a price cut (19 homes): sold for about 91% of their original asking price, in a typical 94 days.
Relisted (21 homes): sold for about 96% of their latest asking price, but after a typical 181 days on market across listings.
On a $700,000 home, the roughly 6% gap between priced-right and price-cut homes is about $42,000 — plus about two extra months of carrying costs.
AIR Matrix residential sales reported October 19–25 2026. Days are cumulative days on market. Figures are typical (middle) values for each group.
Buyers have choice. Price where they're already paying.
Buyers are still paying about 97% for homes priced right from the start. Homes that started too high gave up more and took far longer.
Relisting can hide days on market from the listing, but not from buyers' agents. The 21 relisted homes typically spent about six months on market.
Tell us your price range and we'll show you how homes like yours are selling right now.
More choice, and room to negotiate on homes that have sat.
With new listings back up and about 2,770 homes for sale, you can take your time and compare.
Reduced and relisted homes are where the negotiation room is. Well-priced homes still move in about five weeks.
Tell us your budget and timeline and we'll show you what's actually worth seeing.
Graham Team Take
Homes priced right from day one sold for about 97% of asking in about five weeks. Homes that needed a price cut sold for about 91% of their original price and took about three months. With about 2,770 homes for sale and 68 sales this week, buyers have choice, and sellers who price right at the start keep the most.
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Get my street reportGraham Real Estate Team · Royal LePage Kelowna
AIR Matrix, Central Okanagan, residential only, October 19–25 2026: sales by sold-reported date; new listings by contract effective date; expired and cancelled by status date; homes for sale counted Monday, October 26. One sale under $100,000 is excluded. Days are cumulative days on market, so they are not directly comparable with earlier issues. Year-ago figures are October 20–26 2025 on the same rules. Market analysis figures are an opinion of value and not an appraisal. NOTE: this representation is based in whole or in part on data generated by the Association of Interior REALTORS®, which assumes no responsibility for its accuracy. MLS®, REALTOR®, and the associated logos are trademarks owned or controlled by The Canadian Real Estate Association (CREA). Not intended to solicit properties already listed for sale. Royal LePage Kelowna, independently owned and operated.
Graham Real Estate Team · Royal LePage Kelowna. Non-sale rate = expired plus cancelled listings divided by sales plus expired plus cancelled. Weekly totals and residential details come from the sources named above.
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