Executive Summary
The West Kelowna, British Columbia real estate market is currently classified as a balanced market. The median asking price is $800K, down 31.6% over the past 30 days.
There are currently 580 active listings. Inventory has increased 41.1% compared to last month.
Currently, listings spend an average of 46 days on market and the average price per square foot is $459.
Detached properties make up the largest share of the West Kelowna market at 78% of active listings with an average price of $1.4M. Condo listings follow at 22% (avg $673K).
Sales Activity & Absorption
Volume
Market Signals
169 new listings appeared in the past month.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Westbank Centre | 66 | $778K |
| Lakeview Heights | 22 | $1.8M |
| Shannon Lake | 10 | $639K |
| West Kelowna Estates | 5 | $1.4M |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The West Kelowna market currently has 580 active listings with a median price of $800K.
- Prices declining (-31.6% in 30 days)
- Low price reduction rate (0% of listings)
- Slow-moving market (46 avg days on market)
- Average price per square foot is $459
Market data is calculated from active and recently sold MLS listings as of March 1, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.