Week of September 14 – 20, 2026 · Central Okanagan Real Estate
Seventeen Weeks of Data · Graham Real Estate
236 new listings, 83 sales — and homes priced to the market still sold at 96.2% of ask.
Fall supply kept building: 236 new listings, the most in any week since June. Sales came in at 83, down from 94.
The number worth holding onto is 96.2%. That is what homes that sold went for as a share of their asking price — all but identical to last week's 96.3%. Pricing accuracy did not move. Volume did.
Sales ran from $102,000 up to $2,475,000, with a typical sale landing around $640,000. The upper end was much quieter than the week before, when one home sold for $5.75 million — so this week's numbers reflect the middle of the market, where most buyers and sellers actually are.
New listing, sales, expired and cancelled figures from the Royal LePage Kelowna weekly board snapshot, Single Family Residential, Central Okanagan, week of September 14–20 2026. Price, days-on-market and sale-to-list figures from the matching residential market analysis reports (76 residential sales).
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
New listing, sales, expired and cancelled counts from the Royal LePage Kelowna weekly board snapshot, Single Family Residential, Central Okanagan, September 14–20 2026. Every price, days-on-market and sale-to-list figure comes from the residential market analysis reports for the same week — 76 residential sales, 202 new residential listings, 39 expiries and 72 cancellations. Board sales totals include property classes beyond residential, which is why 83 and 76 differ.
Seventeen weeks of data. Supply is at a summer high, and the sold side is holding its price.
| Week | New Listings | Sales | Unmatched | Non-sale rate |
|---|---|---|---|---|
| May 25–31 | 216 | 123 | 151 | 55% |
| June 8–14 | 259 | 116 | 116 | 50% |
| June 15–21 | 264 | 117 | 122 | 51% |
| June 22–28 | 246 | 106 | 118 | 53% |
| June 29–Jul 5 | 212 | 89 | 184 | 67% |
| July 6–12 | 234 | 100 | 135 | 57% |
| July 13–19 | 231 | 106 | 152 | 59% |
| July 20–26 | 215 | 98 | 125 | 56% |
| Jul 27–Aug 2 | 224 | 125 | 190 | 60% |
| Aug 3–9 | 185 | 94 | 98 | 51% |
| Aug 10–16 | 193 | 83 | 117 | 59% |
| Aug 17–23 | 184 | 85 | 125 | 60% |
| Aug 24–30 | 211 | 71 | 117 | 62% |
| Aug 31–Sep 6 | 218 | 102 | 201 | 66% |
| Sep 7–13 | 220 | 94 | 96 | 51% |
| Sep 14–20 | 236 | 83 | 132 | 61% |
May 25–Jun 21 figures from Single Family Residential board graphics. Jun 22 onwards from Royal LePage Kelowna weekly board data, Central Okanagan. Unmatched listings = expired + cancelled.
Two things moved this week, and it is worth separating them. Supply rose to 236 — the highest since June — while sales eased to 83. Listings coming off the market without selling went back up to 132, giving a 61% non-sale rate after last week's unusually clean 51%.
What did not move is how well-priced homes performed. Homes that sold typically asked around $684,000 and closed near $640,000 — 96.2% of asking, against 96.3% the week before — in about 69 days. That consistency across a much softer volume week is the real signal.
The typical sale price sits lower this week simply because the top of the market took the week off. The highest sale was $2,475,000, where last week's reached $5,750,000. A handful of large sales pulls a weekly number a long way; their absence pulls it back.
Listings that expired had typically been asking around $799,000 after roughly 137 days on the market. Cancelled listings were asking around $849,500 after 88 days. The pattern has not changed all summer: the homes that sit are the homes that started above the market and waited it out.
New supply came on asking around $811,000 — roughly $171,000 above what buyers are actually paying. That gap widened this week, which usually shows up a month later as price adjustments.
Sales ran from $102,000 to $2,475,000, so there was activity through the entry and middle bands even in a quieter week.
"Homes that sold went for 96.2% of asking in about 69 days. The week's lower typical price reflects a quiet top end — not softer values."
96.2% of ask in 69 days. The listings that came off had been waiting three to four months.
Sold homes: 76 residential sales, typically selling around $640,000 and closing at 96.2% of the final asking price — or 94.8% of the original asking price before any price adjustments. These homes sold in about 69 days on average.
Expired homes: 39 residential listings — up from 25 — typically asking around $799,000 after roughly 137 days on the market.
Cancelled homes: 72 residential listings, typically asking around $849,500 after about 88 days on the market. Most of these will come back within a month at a lower price.
New listings: 202 residential listings came on, typically asking around $811,000 — noticeably higher than the roughly $640,000 buyers are actually paying. That gap is wider than we've seen in the last couple of weeks.
All figures from the residential market analysis reports for September 14–20 2026. Our analysis covers residential property only; the board headline counts include other property classes.
The price you launch at is doing more work than anything else right now.
With 236 new listings arriving in a single week, a buyer looking in your price band has more to compare you against than at any point since June. That does not mean discounting — it means being accurate.
Homes that were priced to the market still sold at 96.2% of ask in about two months, exactly as they did the week before. Accuracy is being rewarded consistently, week after week.
The alternative shows up in the other columns. Listings that expired this week had typically been on the market 137 days asking around $799,000; cancellations averaged 88 days at $849,500. Both groups started above the market, and time on the market is what cost them their position.
Non-sale rate calculated as expired plus cancelled listings divided by the sum of sales, expiries and cancellations for the week.
Call us before you list and we'll price to what is actually selling right now.
236 fresh listings, and a $171,000 gap between asking and selling.
New listings came on typically asking around $811,000 while the typical sale closed near $640,000. That is the widest gap in several weeks, and it is where your negotiating position lives — sold records show buyers typically getting three to four percent off asking, and more where a listing has been sitting.
Behind the new supply sits a pool of 132 homes that came off the market without selling, including 72 cancellations that averaged 88 days on market. Those sellers are the most motivated in the market and many will be back this month.
Sales ran from $102,000 to $2,475,000 this week. The upper end was notably quiet, which usually means more room to negotiate above $1.5 million.
Lowest and highest residential sale figures as reported in the weekly board snapshot for September 14–20 2026.
Tell us your budget and timeline and we'll show you what is actually worth seeing.
Graham Team Take
Last week was unusually clean, so this week reads softer by comparison. Look past the comparison and the picture is steady.
The headline that matters is that sold homes went for 96.2% of asking in about 69 days — essentially identical to last week. When that figure holds that still while volume swings, it tells you buyers are not pushing values down; they are simply being selective about what they engage with.
The typical sale sitting at $640,000 this week will get read as a price drop. It isn't. Last week included sales up to $5.75 million, and this week's top sale was $2.475 million. Weekly numbers move with the mix of what happened to sell, and this is mix.
Where we would focus is the supply side. 236 new listings arriving typically asking around $811,000, against buyers actually paying closer to $640,000, is a gap that resolves in one of two ways: sellers adjust, or listings join the 132 that came off the market this week.
One note on method: our figures and observations come from the residential-only reports, so they describe homes rather than the whole board.
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Data sourced from Royal LePage Kelowna weekly board statistics and residential market analysis reports, Central Okanagan, September 14–20 2026. 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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