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Ray Rasouli, REALTOR® · Real Broker B.C. Ltd.
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+1 (778) 910-6917 · ray@relta.ca
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Home/Hot deals/Okanagan & Thompson/Kelowna

Okanagan & Thompson · updated hourly

Where the asking price looks favourable in Kelowna.

50 active Kelowna listings score at 55 or higher against comparable sales, price-cut history, and market context. The cards below are the top of that field, ranked against the whole of it.

Scored listings

50

Strong value

16

Median asking

$439K

Average score

68.2

Two things are being measured. The score out of 100 says how the asking price holds up against comparable sales. The standing on each card says how rare that score is in that city, counted against every scored listing there rather than the handful shown. Only listings with at least three comparable sales appear at all, because a score with nothing to compare against is not a score. All of it is a starting point for your own diligence, not financial advice.

16 of them reach 75 or higher, which reads as strong value, about 32% of what is scored here.

The median asking price across them is $438,750.

The average score is 68.2. Figures reflect current asking prices on active listings and refresh on the hour.

The top of the board in Kelowna

Strong value
Highest scoring of 50 scored in Kelowna

$198,000

89

Kelowna

2 bd · 2 ba · 984 sqft

Asking / sqft

$201

Comparable median

$476

Below 50 comps

57.8%

Listed by REMAX KelownaMLS® 10388383
Strong value
Top 4% of 50 scored in Kelowna

$299,900

87

Kelowna

1 bd · 1 ba · 815 sqft

Asking / sqft

$368

Comparable median

$843

Below 50 comps

56.3%

Listed by Century 21 Assurance Realty LtdMLS® 10376914
Strong value
Top 6% of 50 scored in Kelowna

$400,000

85

Kelowna

2 bd · 1 ba · 612 sqft

Asking / sqft

$654

Comparable median

$813

Below 50 comps

19.6%

Listed by Century 21 Assurance Realty LtdMLS® 10364791
Strong value
Top 8% of 50 scored in Kelowna

$1,379,000

85

Kelowna

4 bd · 3 ba · 3,821 sqft

Asking / sqft

$361

Comparable median

$620

Below 50 comps

41.7%

Listed by REMAX Kelowna - Stone SistersMLS® 10399480
Strong value
Top 10% of 50 scored in Kelowna

$739,900

84

Kelowna

3 bd · 3 ba · 1,591 sqft

Asking / sqft

$465

Comparable median

$609

Below 50 comps

23.6%

Listed by Coldwell Banker Horizon RealtyMLS® 10388541
Strong value
Top 12% of 50 scored in Kelowna

$417,500

84

Kelowna

2 bd · 2 ba · 1,057 sqft

Asking / sqft

$395

Comparable median

$672

Below 50 comps

41.2%

Listed by Canada Flex Realty Group Ltd.MLS® 10376687
Strong value
Top 15% of 50 scored in Kelowna

$464,600

84

Kelowna

2 bd · 2 ba · 1,117 sqft

Asking / sqft

$416

Comparable median

$734

Below 50 comps

43.4%

Listed by REMAX KelownaMLS® 10390024
Strong value
Top 16% of 50 scored in Kelowna

$289,900

84

Kelowna

2 bd · 2 ba · 1,133 sqft

Asking / sqft

$256

Comparable median

$634

Below 50 comps

59.7%

Listed by REMAX KelownaMLS® 10390952
Strong value
Top 18% of 50 scored in Kelowna

$375,000

83

Kelowna

2 bd · 2 ba · 1,097 sqft

Asking / sqft

$342

Comparable median

$629

Below 50 comps

45.7%

Listed by Royal LePage KelownaMLS® 10390972
Strong value
Top 20% of 50 scored in Kelowna

$415,000

83

Kelowna

2 bd · 2 ba · 855 sqft

Asking / sqft

$485

Comparable median

$690

Below 50 comps

29.7%

Listed by Oakwyn Realty OkanaganMLS® 10354358
Strong value
Top 22% of 50 scored in Kelowna

$324,900

82

Kelowna

2 bd · 1 ba · 684 sqft

Asking / sqft

$475

Comparable median

$845

Below 50 comps

43.8%

Listed by Coldwell Banker Executives RealtyMLS® 10374032
Strong value
Top 24% of 50 scored in Kelowna

$639,900

82

Kelowna

3 bd · 3 ba · 1,385 sqft

Asking / sqft

$462

Comparable median

$567

Below 50 comps

18.6%

Listed by Coldwell Banker Horizon RealtyMLS® 10391900
Strong value
13 of 50 scored in Kelowna

$375,000

80

Kelowna

3 bd · 2 ba · 1,620 sqft

Asking / sqft

$231

Comparable median

$310

Below 50 comps

25.4%

Listed by Royal LePage KelownaMLS® 10391410
Strong value
14 of 50 scored in Kelowna

$475,000

78

Kelowna

1 bd · 1 ba · 705 sqft

Asking / sqft

$674

Comparable median

$823

Below 50 comps

18.1%

Listed by Royal LePage KelownaMLS® 10387645
Strong value
15 of 50 scored in Kelowna

$120,000

76

Kelowna

1 bd · 1 ba · 385 sqft

Asking / sqft

$312

Comparable median

$943

Below 50 comps

67%

Listed by Coldwell Banker Horizon RealtyMLS® 10388763
Strong value
16 of 50 scored in Kelowna

$399,000

75

Kelowna

2 bd · 2 ba · 1,390 sqft

Asking / sqft

$287

Comparable median

$601

Below 50 comps

52.2%

Listed by Sotheby's International Realty CanadaMLS® 10391564
Strong value
17 of 50 scored in Kelowna

$1,089,000

75

Kelowna

4 bd · 2 ba · 2,240 sqft

Asking / sqft

$486

Comparable median

$583

Below 50 comps

16.6%

Listed by Royal LePage KelownaMLS® 10362704
Good value
18 of 50 scored in Kelowna

$1,189,000

73

Kelowna

5 bd · 3 ba · 2,846 sqft

Asking / sqft

$418

Comparable median

$520

Below 50 comps

19.7%

Listed by Century 21 Assurance Realty LtdMLS® 10396583
Good value
19 of 50 scored in Kelowna

$385,000

64

Kelowna

2 bd · 2 ba · 924 sqft

Asking / sqft

$417

Comparable median

$703

Below 50 comps

40.7%

Listed by Coldwell Banker Executives RealtyMLS® 10394984
Good value
20 of 50 scored in Kelowna

$539,900

64

Kelowna

2 bd · 2 ba · 1,393 sqft

Asking / sqft

$388

Comparable median

$629

Below 50 comps

38.4%

Listed by REMAX KelownaMLS® 10395328
Good value
21 of 50 scored in Kelowna

$598,000

63

Kelowna

3 bd · 3 ba · 1,325 sqft

Asking / sqft

$451

Comparable median

$569

Below 50 comps

20.6%

Listed by Royal LePage KelownaMLS® 10396154
Good value
22 of 50 scored in Kelowna

$1,019,900

63

Kelowna

4 bd · 3 ba · 2,692 sqft

Asking / sqft

$379

Comparable median

$481

Below 50 comps

21.3%

Listed by Coldwell Banker Executives RealtyMLS® 10382977
Good value
23 of 50 scored in Kelowna

$339,000

62

Kelowna

2 bd · 2 ba · 1,211 sqft

Asking / sqft

$280

Comparable median

$508

Below 50 comps

44.9%

Listed by Stilhavn Real Estate ServicesMLS® 10398763
Good value
24 of 50 scored in Kelowna

$699,000

62

Kelowna

2 bd · 2 ba · 1,561 sqft

Asking / sqft

$448

Comparable median

$646

Below 50 comps

30.7%

Listed by Oakwyn Realty Ltd.MLS® 10390861

Smart search

Deals in Kelowna move quickly.

The listings on this page change daily. Set your search once and the ones worth seeing come to you instead.

Alerts when it matters

A new listing, a price drop or an open house in what you are watching, sent as it happens.

A shortlist that stays put

Save homes as you find them and they are still there next week, on any device.

Your own dashboard

Compare what you saved side by side, with the mortgage math and neighbourhood detail attached.

Or build your search properly →

A few questions about budget, area and must-haves, and the shortlist is built around your answers.

KELOWNA ALERTS

1 / 3

What do you want to hear about?

Pick as many as you want. You can change this later.

New listings

The moment something comes to market

Price drops

When a seller cuts their asking price

Open houses

Before you plan your weekend

Other Okanagan & Thompson cities

Kamloops

43 scored · median $520K

Avg score 65.9

Osoyoos

29 scored · median $189K

Avg score 68.2

Penticton

23 scored · median $570K

Avg score 67.6

West Kelowna

17 scored · median $650K

Avg score 70.2

Summerland

11 scored · median $849K

Avg score 73.7

Salmon Arm

10 scored · median $650K

Avg score 71.8

Merritt

10 scored · median $429K

Avg score 68.3

Westbank

7 scored · median $229K

Avg score 64.7

Keremeos

7 scored · median $360K

Avg score 71.1

What paying for a home in Kelowna looks like

Kelowna households earn a median of $82,000 a year, and owners here carry a median shelter cost of $1,340 a month, about 20% of that income before tax.

27% of Kelowna households already spend more than 30% of their income on shelter, which is the line Statistics Canada uses to call housing unaffordable.

Owners hold 65% of Kelowna homes and renters the other 35%.

The census valued the average Kelowna dwelling at $796,000 in 2021. The median asking price among the listings scored here is $438,750, 45% below that figure. Census values are self-reported and four years old, so read the gap as context rather than a measure of the market today.

Source: Statistics Canada, 2021 Census of Population, census subdivision level.

How a deal earns its place

Scored out of 100 against comparable sales, price history and market context, then ranked against every other scored listing in the same city. Nothing is hand-picked and no listing can pay to appear.

See the full method and browse every region

Page methodology and sources are stated beside the figures. Content is reviewed by Ray Rasouli, REALTOR®, Real Broker B.C. Ltd.
All Kelowna listingsKelowna market reportOkanagan & Thompson

Source: BCRES MLS® via Bridge Interactive. Listing content is provided under MLS® Reciprocity and is deemed reliable but not guaranteed accurate. Scores reflect current asking prices on active listings and refresh on the hour. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of CREA.