Okanagan & Thompson · updated hourly
6 active Lake Country 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
6
Strong value
3
Median asking
$957K
Average score
72.3
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.
3 of them reach 75 or higher, which reads as strong value, about 50% of what is scored here.
The median asking price across them is $957,000.
The average score is 72.3. Figures reflect current asking prices on active listings and refresh on the hour.
$1,059,000
Lake Country
4 bd · 3 ba · 3,328 sqft
Asking / sqft
$318
Comparable median
$447
Below 50 comps
28.7%
$855,000
Lake Country
4 bd · 3 ba · 2,294 sqft
Asking / sqft
$373
Comparable median
$581
Below 50 comps
35.8%
$414,000
Lake Country
2 bd · 2 ba · 1,084 sqft
Asking / sqft
$382
Comparable median
$700
Below 50 comps
45.4%
$699,900
Lake Country
4 bd · 3 ba · 2,648 sqft
Asking / sqft
$264
Comparable median
$526
Below 50 comps
49.7%
$2,097,000
Lake Country
4 bd · 4 ba · 4,127 sqft
Asking / sqft
$508
Comparable median
$653
Below 50 comps
22.2%
$1,169,900
Lake Country
4 bd · 3 ba · 2,897 sqft
Asking / sqft
$404
Comparable median
$483
Below 50 comps
16.4%
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LAKE COUNTRY ALERTS
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Price drops
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Kelowna
60 scored · median $489K
Avg score 73 →
Kamloops
49 scored · median $635K
Avg score 70.2 →
Nanaimo
31 scored · median $775K
Avg score 71.8 →
Penticton
28 scored · median $537K
Avg score 66.6 →
Osoyoos
24 scored · median $490K
Avg score 78.1 →
West Kelowna
18 scored · median $549K
Avg score 70.5 →
Salmon Arm
16 scored · median $727K
Avg score 72.2 →
Merritt
11 scored · median $429K
Avg score 72.3 →
Summerland
10 scored · median $849K
Avg score 83.1 →
Lake Country households earn a median of $98,000 a year, and owners here carry a median shelter cost of $1,780 a month, about 22% of that income before tax.
23% of Lake Country households already spend more than 30% of their income on shelter, which is the line Statistics Canada uses to call housing unaffordable.
Owners hold 78% of Lake Country homes and renters the other 22%.
The census valued the average Lake Country dwelling at $961,000 in 2021. The median asking price among the listings scored here is $957,000, in line with 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.
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.
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.