Okanagan & Thompson · updated hourly
Where the asking price looks favourable in Summerland.
10 active Summerland 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
10
Strong value
8
Median asking
$849K
Average score
83.1
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.
8 of them reach 75 or higher, which reads as strong value, about 80% of what is scored here.
The median asking price across them is $849,000.
The average score is 83.1. Figures reflect current asking prices on active listings and refresh on the hour.
The top of the board in Summerland
Strong value$849,000
100
Summerland
4 bd · 2 ba · 2,184 sqft
Asking / sqft
$389
Comparable median
$550
Below 50 comps
29.3%
Listed by RE/MAX Orchard CountryMLS® 10384005
Strong value$185,000
92
Summerland
290 sqft
Asking / sqft
$638
Comparable median
$874
Below 50 comps
27%
Listed by 2 Percent Realty Interior Inc.MLS® 10383987
Strong value$929,000
88
Summerland
4 bd · 3 ba · 2,679 sqft
Asking / sqft
$347
Comparable median
$513
Below 50 comps
32.4%
Listed by Parker Real EstateMLS® 10378889
Strong value$425,000
87
Summerland
2 bd · 2 ba · 1,702 sqft
Asking / sqft
$250
Comparable median
$567
Below 50 comps
56%
Listed by Fair Realty (Kelowna)MLS® 10373323
Strong value$1,249,000
85
Summerland
6 bd · 5 ba · 3,212 sqft
Asking / sqft
$389
Comparable median
$505
Below 50 comps
23%
Listed by Century 21 Assurance Realty LtdMLS® 10377429
Strong value$849,000
85
Summerland
5 bd · 4 ba · 3,154 sqft
Asking / sqft
$269
Comparable median
$509
Below 50 comps
47.1%
Listed by RE/MAX Orchard CountryMLS® 10388564
Strong value$489,900
84
Summerland
2 bd · 2 ba · 1,258 sqft
Asking / sqft
$389
Comparable median
$551
Below 50 comps
29.3%
Listed by Royal LePage Locations WestMLS® 10383464
Strong value$162,500
83
Summerland
1 bd · 1 ba · 378 sqft
Asking / sqft
$430
Comparable median
$966
Below 50 comps
55.5%
Listed by Royal LePage Parkside RealtyMLS® 10380231
Good value$1,195,000
65
Summerland
4 bd · 3 ba · 2,944 sqft
Asking / sqft
$406
Comparable median
$505
Below 50 comps
19.6%
Listed by Parker Real EstateMLS® 10393773
Good value$1,149,999
62
Summerland
3 bd · 3 ba · 3,850 sqft
Asking / sqft
$299
Comparable median
$537
Below 50 comps
44.4%
Listed by Royal LePage KelownaMLS® 10381006
Smart search
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The moment something comes to market
Price drops
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Other Okanagan & Thompson cities
Kelowna
60 scored · median $489K
Avg score 73 →
Kamloops
49 scored · median $635K
Avg score 70.2 →
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 →
Westbank
7 scored · median $560K
Avg score 72.2 →
Lake Country
6 scored · median $957K
Avg score 72.3 →
What paying for a home in Summerland looks like
Summerland households earn a median of $82,000 a year, and owners here carry a median shelter cost of $930 a month, about 14% of that income before tax.
20% of Summerland households already spend more than 30% of their income on shelter, which is the line Statistics Canada uses to call housing unaffordable.
Owners hold 82% of Summerland homes and renters the other 18%.
The census valued the average Summerland dwelling at $714,000 in 2021. The median asking price among the listings scored here is $849,000, 19% above 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.
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.