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The short answer: In October 2026, the Association of Interior REALTORS® reported 126 residential sales in the North Okanagan, which includes Vernon, down 15.4% from October 2025. The benchmark price of a single-family home rose 1.5% from a year earlier to $755,100. That made the North Okanagan the only one of the board’s four Okanagan and Shuswap regions where it went up; in the Central Okanagan it fell 2.2%, to $1,003,100.
Figures from the Association of Interior REALTORS® October 2026 summary statistics. Published here November 6, 2026.
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Source: Association of Interior REALTORS® MLS® data, compiled by Sean Phillips, REALTOR®, Coldwell Banker Executives Realty. Full figures: vernonhomevalues.ca/market-update/october-2026/Web version with link: Source: Association of Interior REALTORS® MLS® data, compiled by Sean Phillips, REALTOR®, Coldwell Banker Executives Realty. Full figures at vernonhomevalues.ca
October 2026 at a glance
| North Okanagan, residential | October 2026 | Change from October 2025 |
|---|---|---|
| Units sold | 126 | down 15.4% |
| Dollar volume | $79.6 million | down 24.5% |
| Active listings | 867 | down 5.7% |
| New listings | 208 | up 3.5% |
| Months of inventory** | about 6.9 |
By home type, North Okanagan, October 2026
| Single-family* | Townhouse | Condo or apartment | |
|---|---|---|---|
| Sales | 61 (down 20.8%) | 21 (down 12.5%) | 17 (up 54.6%) |
| Benchmark price | $755,100 (up 1.5%) | $594,200 (up 7.4%) | $305,000 (down 1.6%) |
| Days to sell | 78 (up 25.8%) | 59 (up 5.2%) | 90 (up 17.2%) |
| Inventory | 346 (down 14.8%) | 127 (no change) | 85 (up 4.9%) |
How the North Okanagan compares: single-family homes, October 2026
| Region | Benchmark price* | Change from October 2025 | Sales |
|---|---|---|---|
| Central Okanagan | $1,003,100 | down 2.2% | 129 |
| North Okanagan | $755,100 | up 1.5% | 61 |
| Shuswap / Revelstoke | $693,600 | down 4.5% | 36 |
| South Okanagan | $706,900 | down 4.6% | 53 |
Percentages in brackets are the change from October 2025. *Single-family excludes lakefront homes and acreages. **Months of inventory is worked out by Sean Phillips by dividing active listings by October’s sales (867 ÷ 126). Residential sales cover acreage, duplex, mobile home, recreational, single-family, 3/4-plex, apartment and townhouse properties, and exclude land. The board does not publish a single total for Vernon.
What it means
- Single-family values held up better here than in the other Okanagan and Shuswap regions. The North Okanagan’s single-family benchmark price rose 1.5% from a year earlier while it fell in the Central, South and Shuswap regions.
- Townhouse prices rose the most. Their benchmark price rose 7.4%, to $594,200.
- Homes are taking longer to sell. Single-family homes took 78 days to sell, up 25.8% from October 2025, and single-family sales fell 20.8%, to 61.
- Buyers have choice. With 867 active listings and 126 sales, there were about seven months of inventory, so there’s room to negotiate, especially on homes that have been on the market a while.
About the numbers
- All figures are from the Association of Interior REALTORS® October 2026 summary statistics for the North Okanagan, as first released by the board. Totals for a month can shift slightly as late-reported sales are entered.
- A benchmark price describes a typical home with a set list of features, so it moves less with the mix of homes that happened to sell than an average or median price does.
- Sean also compiles his own monthly count of North Okanagan residential sales from the MLS® system, with median prices by home type. It is a separate search, so its totals differ slightly from the board’s. See the latest market update.
Interviews and comment
Sean Phillips is an Okanagan Lifestyle Real Estate Agent with Coldwell Banker Executives Realty in Vernon. For a comment or a quick interview, call or text 236-599-5898 or email [email protected]. More for reporters: media page.