Hello,
As we wrap up another year in the Okanagan, the market is offering a few important signals and several opportunities that you may not expect! November’s numbers reveal a steady, resilient market with meaningful shifts worth paying attention to, especially for those planning a move in 2026.
Here is a quick insider look at the market:
Despite the headlines you may have seen, local activity is far from slowing to a stop. Inventory remains steady, buyers are active, and well-priced homes are still selling close to list price. At the same time, certain segments especially condos and townhomes are offering real value heading into the new year.
Here are the key things that stand out to us:
Strength in Detached Homes
Single-family homes continue to lead the market.
November sales were up 9% year-over-year
Year-to-date, sales are up 13%
Detached homes also saw an increase in overall dollar volume
This is typically the first segment to show renewed buyer confidence a positive sign heading into 2026.
Inventory Isn’t Growing
One of the biggest misconceptions right now is that “more listings are coming.”
The reality? Inventory is almost identical to last year, and new listings in November were down 10%.
For sellers, this means less competition.
For buyers, it means waiting may not deliver better choices later.
More Time on Market = More Negotiation Room
Homes are taking slightly longer to sell up 6–10% in Days on Market.
This is giving buyers rare breathing room and negotiation leverage during a season that is normally more competitive.
Excellent Value in Condos & Townhomes
If you’re hoping to enter the market or downsize, this segment is quietly offering some of the best value we’ve seen all year:
Condo sales down 23%
Townhome sales down 26%
Prices holding steady or slightly softer
This creates a unique opportunity window for buyers before interest rates begin to ease.
What This Means for You
If You’re Thinking of Buying
More room to negotiate during the holidays
Value opportunities in condos & townhomes
Detached prices are holding buying sooner may mean more stability
If You’re Thinking of Selling
Fewer new listings = less competition
Detached homes are performing exceptionally well
Serious buyers are still active and writing offers
Wishing You a Warm & Bright Holiday Season
The market continues to show resilience and balance, and as always, we’re here to guide you through every step whether you’re planning a move now or simply staying informed.
If you'd like a personalized breakdown of your neighbourhood or property type, we’re happy to prepare a tailored report anytime.
Wishing you joy, connection, and a beautiful holiday season from all of us at Stone Sisters.
Thank you,
Shannon & Tamara
