Kelowna Real Estate

Overview

Kelowna is the 3rd largest city of BC with a population of around 180,000 and has been voted one of the most livable cities in Canada. Those in the Kelowna real estate market benefit from the vibrancy of community engagement, a burgeoning economy, and an absolutely stunning landscape. At the edge of Okanagan Lake's eastern shore between Penticton and Vernon, Kelowna is blessed with hot summers and dry, mellow winters compared to most Canadian cities.

About Kelowna Homes For Sale

Kelowna real estate is becoming more and more popular, but remain relatively affordable given the beauty and desirability of the city. Kelowna homes for sale are also a much less expensive alternative to living in Vancouver. As a result, more and more young families and professionals are looking to move to Kelowna to make their new homes.

Due to this growing demand for homes, there are a wide variety of options for those looking to buy their next home in the heart of the Okanagan. Homes for sale in Kelowna include an abundance of gorgeous single-family homes—both traditional one-storey and more modern two-storey—as well as luxury estates, new townhome developments, and modern condos.

You'll find many of Kelowna's condos for sale in the downtown core, particularly those with outstanding lake views. That said, there are options for condo seekers in many other neighbourhoods. Single-family homes are also spread throughout the city, with lower maintenance ranch-style homes mainly found in Rutland, newer homes in Glenmore and the Upper Mission, and larger luxury homes scattered throughout Southeast Kelowna and the Mission.

Living in Kelowna, BC

In a recent Canada Pulse survey, 90% recommended Kelowna as a hidden haven: “by far the best place in Canada to live.”

All the amenities of a major city are at your fingertips. The connoisseur's shopping selection, the flavours of fine dining, the pulse of cultural events. The brio of city life is at the centre of Kelowna, yet the sweet fragrance of vineyards and orchards bursting with colour await discovery just 10 minutes from downtown. Tasting tours allow you to savour the subtle notes of a bold ruby or brisk white while drinking in the transcendent vistas.

Its internationally acclaimed wineries are just one of the prizes in Kelowna's treasure chest of pleasures. Another is its world-renowned championship golf courses. As nearby mountains beckon, outdoor enthusiasts are surrounded by a smorgasbord of options:

  • abundant fishing
  • water skiing and wakeboarding
  • paddling
  • windsurfing
  • trail hiking
  • leisure boating
  • suntanning at the beautiful beaches

When it's time for business, Kelowna has one of the most lucrative market and enterprise climates in the North American Pacific Region. Kelowna supports a robust tree fruit trade as well as sectors within the high technology, manufacturing, and forestry industries.

In addition to being a recreational paradise, Kelowna caters to a myriad of lifestyles.

You can sample delectables from its ever-growing foodie scene, breathe the tingling air on a bistro patio, stroll along the lakeside boardwalk, or explore the intriguing talents of local artisans.You can thrill the kids with a zipline above canyons or cycle across the historic Myra Canyon trestles. You can row a paddleboard or “hang ten” in the waves with them.You can gather fresh yummies at farms or fruit stands then tip a glass of Okanagan vintage. Several wineries even grant “grape juice tasting” fun for the kids.

To many, the Okanagan is BC's preferred playground. It's an undiscovered gem of business opportunities, fulfilling lifestyles, rejuvenating environs, and wilderness adventures.

To others, it's the slice of heaven they call home. What will it be for you?

Kelowna - Town vs. Region Stats

Avg Price in Kelowna: $1,211,100 / Region Avg $1,015,800

60%

Avg Sq. Ft. in Kelowna: 2,286 / Region Avg 2,176

53%

Avg Price per/sqft in Kelowna:$530 / Region Avg $467

114%

Avg Walkscore in Kelowna: 46 / Region Avg 30

78%

Avg Year Built in Kelowna: 1998 / Region Avg 1993

50%

Avg Days on Website in Kelowna: 47 / Region Avg 73

32%

Kelowna Real Estate Market Health

New Listings