Hello,
As we move through the early part of the year, one thing is becoming increasingly clear in the Kelowna market: buyers are making thoughtful, lifestyle-driven decisions. While headlines often focus on interest rates or national trends, the most meaningful insights come from understanding what’s happening at the neighbourhood level.
When we look across all property types single family homes, condos, and townhomes — Lower Mission continued to be the most active neighbourhood overall for 2025, followed closely by Rutland North, Glenmore, Kelowna South, and Springfield–Spall. These areas consistently perform well because they offer a combination of convenience, established communities, and a variety of housing options that appeal to a broad range of buyers.
A Closer Look at Single Family Homes
The strongest momentum right now continues to be in single family neighbourhoods. Areas such as Lower Mission, Upper Mission, and Glenmore are seeing the highest levels of activity. These neighbourhoods offer what many buyers are prioritizing today: space, functionality, schools, and a sense of long-term livability.
When it comes to pricing, the highest average single-family sales are found in Lake Country North West, Westside Road, and McKinley Landing. While these areas see fewer transactions overall, they command premium values due to larger lots, privacy, views, and a lifestyle-focused buyer profile. This reinforces an important distinction in today’s market — volume and value don’t always move together.
What’s Happening in the Condo Market
Condo activity remains concentrated in Downtown Kelowna (Kelowna North), which continues to lead the market, followed by Lower Mission and Springfield–Spall. These areas appeal to buyers seeking walkability, ease of ownership, and proximity to amenities. That said, the broader trend we’re seeing is buyers placing greater emphasis on homes that support day-to-day living, not just convenience alone.
The Bigger Takeaway
The most important takeaway from this month’s data is that today’s buyers are focused on long-term use, not short-term speculation. Demand is strongest in neighbourhoods that support family living and everyday life places that offer space, flexibility, and connection to schools, amenities, and community.
Rather than chasing the market, buyers are choosing homes they plan to live in and grow into. This shift has meaningful implications for pricing, preparation, and strategy especially for homeowners considering a move.
If you’re curious how these neighbourhood trends relate to your home, your plans, or your timing, we’re always happy to provide insight specific to your situation. Understanding where demand is coming from and what buyers truly value makes all the difference.
Kind regards,
Shannon & Tamara
