Kelowna Real Estate

Overview

As the third-largest metropolis in British Columbia, Kelowna boasts a dynamic population of approximately 200,000 earning acclaim as one of Canada's most desirable cities to reside. The Kelowna real estate landscape is enriched by a deeply engaged community, a thriving economic scene, and a breathtaking natural backdrop. Nestled along the pristine eastern shores of Okanagan Lake, midway between Penticton and Vernon, Kelowna offers its residents a climate of warm summers and gentle, dry winters—a rare find in the Canadian climate spectrum. This unique blend of vibrant urban life and serene natural beauty makes Kelowna an unparalleled choice for discerning buyers seeking luxury in every aspect of their lives.

About Kelowna Homes For Sale

The allure of Kelowna's real estate market is on the rise, yet it remains a cost-effective choice compared to its urban counterparts, Vancouver and Toronto, thanks to Kelowna's captivating scenery and its appeal as a place to live. This affordability factor is drawing an increasing number of young families and professionals eager to call Kelowna their home. With a rise in interest in Kelowna's living spaces, prospective homeowners are greeted with a rich selection of housing options nestled in the Okanagan Valley's heart.

The market boasts a wide range of properties, from charming traditional single-family homes and cutting-edge two-storey designs to opulent estates, contemporary townhomes, and sleek condominiums.

In the bustling downtown area, condos offering magnificent views of the lake are particularly sought after, but the search for the perfect condo doesn't end there—numerous other communities within the city also present appealing choices. For those favouring single-family residences, Kelowna does not disappoint, offering everything from easy-to-maintain ranch-style homes predominantly in Rutland, to the latest builds in Glenmore and Upper Mission, as well as expansive luxury properties in Southeast Kelowna and the Mission area, catering to a diverse range of preferences and lifestyles.

Live in Kelowna

Discover the Charm of Living in Kelowna, BC

Kelowna, acclaimed in a recent Canada Pulse survey where 90% heralded it as Canada’s hidden gem for living, beckons with its blend of urban sophistication and natural splendor. This city offers everything a major urban center does — exquisite shopping experiences, gourmet dining, and a vibrant cultural scene, all enveloped by the breathtaking beauty of vineyards and orchards just a stone's throw from the downtown hustle.

Praised for its world-class wineries and championship golf courses, Kelowna is a treasure trove of leisure activities. Whether it’s fishing, water skiing, hiking, or simply soaking up the sun on its pristine beaches, the city caters to every outdoor passion. For professionals and businesses, Kelowna presents an attractive market environment, buoyed by a strong tree fruit industry and sectors like tech, manufacturing, and forestry.

Kelowna’s burgeoning food scene, waterfront boardwalks, and local artisan shops offer a taste of its diverse lifestyle options. Family adventures abound, from ziplining to paddleboarding, and even grape juice tastings for kids at local wineries.

Okanagan Valley, with Kelowna at its heart, stands as BC’s premier destination for those seeking a blend of dynamic business opportunities and a rich, fulfilling lifestyle amidst stunning natural landscapes.

What will Kelowna mean for you? A haven for work, play, and everything in between, waiting to be called home.

Kelowna - Town vs. Region Stats

Avg Price in Kelowna: $1,157,200 / Region Avg $1,009,000

115%

Avg Sq. Ft. in Kelowna: 2,041 / Region Avg 2,071

99%

Avg Price per/sqft in Kelowna:$567 / Region Avg $487

116%

Avg Walkscore in Kelowna: 54 / Region Avg 36

152%

Avg Year Built in Kelowna: 1997 / Region Avg 1996

100%

Avg Days on Website in Kelowna: 63 / Region Avg 79

80%

Kelowna Real Estate Market Health

New Listings