The South Okanagan was the only region in the area where the benchmark price for single-family homes were down last month compared to the year before.
Prices went up in the Central Okanagan, North Okanagan, and Shuswap/Revelstoke regions, according to the Association of Interior Realtors.
The South Okanagan’s benchmark price for single family homes in July 2025 was reported at $754,500 – a drop of 2%.
“The benchmark pricing in the condominium housing category recorded the South Okanagan being the only region that saw a decrease of 2.3% compared to the same time last year, coming in at $435,100,” according to a release from the Association.
But the South Okanagan was the exception for the region.
New residential listings were up 0.8%, with 2,920 new listings last month. And active list