MARKET REPORT
Kelowna Mission Market Report
Braden Koop Personal Real Estate Corporation · Koop Homes Group · REALTOR® · REMAX KelownaEach office independently owned and operated
Current market · September 2026
Combined average across Upper Mission, Kettle Valley, Lower Mission and Crawford Estates · each neighbourhood is broken out further down
Buyer's market
8 months of inventory · September 2026
Supply is tightening — 12 months a year ago, 6 three months ago.
- Seller’s under 3
- Balanced 3–6
- Buyer’s over 6
As of September 2026 these neighbourhoods sit at eight months of inventory: still on the buyer’s side of the line, and well off August’s thirteen. 27 detached homes sold in September, the most for any September since 2021, against 18 a year ago. Supply barely moved, with 215 homes active against 214 in August and 223 last September. The buyers came back, and the gauge is back on the page. Everything below comes from the Association of Interior REALTORS® MLS® System and is updated monthly. Use the month selector to read any month back to January 2024.
What months of inventory measures
Months of inventory is the honest way to answer “is this a buyer’s or a seller’s market”, because it accounts for both sides at once: how much is for sale, divided by how fast it is selling. It answers the only question that matters — if nothing new listed, how long until the shelves were bare.
Under three months, buyers compete and sellers set the terms. Over six, buyers can take their time. Between the two, neither side has the whip hand. September lands at eight, inside the buyer’s band, but the direction matters as much as the reading: thirteen in August, twelve last September, twenty-two the September before that. It got here the right way too, on more sales rather than on listings disappearing.
MISSION NEIGHBOURHOODS MARKET REPORT
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Active listings, benchmark prices, days on market, and what’s actually selling across Upper Mission, Kettle Valley, Lower Mission and Crawford Estates. Delivered each month. No spam.
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The numbers behind the verdict
Set September against the two Septembers before it. Active listings: 288, then 223, then 215. New listings: 92, then 75, then 67. Sales: 13, then 18, then 27. Supply has come down two years running while sales have doubled from the 2024 low. That is what a market working its way back toward balanced looks like, one month at a time.
The Central Okanagan as a whole sat at nine months of inventory in September, the same as last September. These neighbourhoods came in at eight, a touch tighter than the valley, after running looser than it in August. A note on August itself: late-reported sales have restated it to 17 sales and thirteen months, from the 16 sales and fourteen months first published here. Restatements like that are normal, and the month selector carries the current figures.
Active listings
Homes sold
| October 2024: 240 active, 37 sold, 6 months of inventory |
| November 2024: 197 active, 24 sold, 8 months of inventory |
| December 2024: 169 active, 17 sold, 10 months of inventory |
| January 2025: 181 active, 11 sold, 16 months of inventory |
| February 2025: 203 active, 30 sold, 7 months of inventory |
| March 2025: 221 active, 38 sold, 6 months of inventory |
| April 2025: 226 active, 41 sold, 6 months of inventory |
| May 2025: 234 active, 50 sold, 5 months of inventory |
| June 2025: 229 active, 44 sold, 5 months of inventory |
| July 2025: 237 active, 31 sold, 8 months of inventory |
| August 2025: 221 active, 22 sold, 10 months of inventory |
| September 2025: 223 active, 18 sold, 12 months of inventory |
| October 2025: 209 active, 31 sold, 7 months of inventory |
| November 2025: 182 active, 21 sold, 9 months of inventory |
| December 2025: 158 active, 17 sold, 9 months of inventory |
| January 2026: 163 active, 16 sold, 10 months of inventory |
| February 2026: 168 active, 12 sold, 14 months of inventory |
| March 2026: 188 active, 24 sold, 8 months of inventory |
| April 2026: 211 active, 34 sold, 6 months of inventory |
| May 2026: 212 active, 46 sold, 5 months of inventory |
| June 2026: 220 active, 36 sold, 6 months of inventory |
| July 2026: 211 active, 40 sold, 5 months of inventory |
| August 2026: 214 active, 17 sold, 13 months of inventory |
| September 2026: 215 active, 27 sold, 8 months of inventory |
| January 2025: $1,250,000 here, $960,000 Central Okanagan (+30%) |
| February 2025: $1,295,000 here, $1,050,000 Central Okanagan (+23%) |
| March 2025: $1,286,950 here, $1,025,000 Central Okanagan (+26%) |
| April 2025: $1,220,000 here, $957,500 Central Okanagan (+27%) |
| May 2025: $1,292,500 here, $1,012,500 Central Okanagan (+28%) |
| June 2025: $1,327,500 here, $1,000,000 Central Okanagan (+33%) |
| July 2025: $1,272,000 here, $935,000 Central Okanagan (+36%) |
| August 2025: $1,160,000 here, $950,000 Central Okanagan (+22%) |
| September 2025: $1,135,000 here, $931,500 Central Okanagan (+22%) |
| October 2025: $1,165,000 here, $912,250 Central Okanagan (+28%) |
| November 2025: $1,239,200 here, $931,000 Central Okanagan (+33%) |
| December 2025: $1,525,000 here, $900,000 Central Okanagan (+69%) |
| January 2026: $1,322,500 here, $950,000 Central Okanagan (+39%) |
| February 2026: $1,585,000 here, $873,125 Central Okanagan (+82%) |
| March 2026: $1,152,500 here, $940,000 Central Okanagan (+23%) |
| April 2026: $1,248,500 here, $977,750 Central Okanagan (+28%) |
| May 2026: $1,335,000 here, $931,000 Central Okanagan (+43%) |
| June 2026: $1,450,000 here, $960,000 Central Okanagan (+51%) |
| July 2026: $1,265,000 here, $975,500 Central Okanagan (+30%) |
| August 2026: $1,090,000 here, $927,666 Central Okanagan (+17%) |
| September 2026: $1,350,000 here, $965,000 Central Okanagan (+40%) |
The shaded gap is the premium. In September 2026 it was 39.9%: $1,350,000 here against $965,000 across the Central Okanagan. Each monthly median here rests on 11 to 50 sales, so single months swing; read the gap over several months, not one.
On Crawford Estates. It recorded 17 detached sales in twelve months. That is enough to describe what homes there cost, and not enough to read a month-to-month trend into. I report it as direction, not precision. Kettle Valley, at 44 sales, sits in the same category.
Interior REALTORS® Matrix · residential, single family detached, Upper Mission, Kettle Valley, Lower Mission and Crawford Estates · data through September 2026, pulled 9 October 2026. Combined average means these neighbourhoods pooled. Not intended to solicit clients already under contract.
What this means if you’re buying
You still have room, just less of it than a month ago. Homes sold at 96.3% of asking in September, 3.7% under list, and the median sale took 41 days against 37 last September. So the negotiation is real. What changed is the competition: 27 homes sold in September against 18 a year earlier, out of fewer listings. A well-priced home here has more people looking at it than it did last fall.
The median printed $1,350,000 in September, the highest September median since at least 2021, and I would treat that one carefully. It rests on 27 sales, and a handful of larger homes closing in the same month will lift a median that size without the market underneath moving at all. The steadier reads are sold-to-list and days on market, and neither says prices are running away. You can see what is currently on the market across these neighbourhoods, or start with Upper Mission homes for sale if you already know where you want to be.
What this means if you’re selling
Pricing discipline still decides it. Homes sold at 96.3% of their current list price and 94.6% of their original list price in September, a 1.7 point gap. That is narrower than August’s 2.7, and still well wide of July’s 0.7. Starting too high costs less than it did a month ago. It has not stopped costing.
There were 67 new listings in September against 215 active, fewer of both than last September’s 75 and 223. Fewer sellers competing with you and more buyers actually closing: on these numbers it is a better fall to list into than the last two. If you want an actual figure for your own home rather than an algorithm’s guess, I run one from board data on my home valuation page, or read the selling guide first. How long a sale takes also differs a lot by neighbourhood; I broke that down in how long homes take to sell across the Missions.
How I pull these numbers
Everything here comes from the Association of Interior REALTORS® MLS® System (Matrix), filtered to residential single-family detached homes in Upper Mission, Kettle Valley, Lower Mission and Crawford Estates. Monthly figures are the pooled combined average of those neighbourhoods, because individual months in the smaller pockets are too thin to read a trend from — Crawford Estates recorded 17 detached sales in a whole year. The neighbourhood comparison uses twelve months of sales so the samples are large enough to mean something. Every figure is date-stamped and I do not round anything toward a better story. If you want to check any local statistic the same way, here are four questions to ask before you trust a market stat.
This report is prepared by Braden Koop Personal Real Estate Corporation. NOTE: this representation is based in whole or in part on data generated by the Association of Interior REALTORS®, which assume no responsibility for its accuracy. The analysis is mine. I believe the underlying sales data to be reliable, but it is not guaranteed, and a month can be restated once late sales are reported. Read it as a picture of the market, not as advice about a particular home.
Earlier reports
The report above is always current — use the month selector to read any month back to January 2024. These are the older written write-ups:
- July 2026 report — the balanced-market write-up
- June 2026 update
- Spring 2026 update
- Everything else I have written on these neighbourhoods
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