Kelowna Real Estate Agents Recap 2025

And just like that, it’s December again! From rising opportunities to new listings and the shifting lakefront market, this year brought plenty of ups and downs for buyers, sellers, and investors. As your Kelowna real estate agents, we saw it all. Let’s take a look back at everything that happened in Kelowna’s real estate market in 2025.

What Happened in the First Half of the Year?

January set the tone for the year. Kelowna’s micro-markets showed subtle but meaningful shifts. Areas like Glenmore, Upper and Lower Mission, and Rutland became key players in shaping pricing trends. Buyers and sellers were focused on understanding the granular differences in each neighbourhood. Optimism surrounded the market as interest rates began easing, giving people the confidence to move forward with home purchases. For those searching for houses to buy in Kelowna, it was a year to watch carefully.

In February, the conversation shifted to whether to renovate older homes or buy new. The market favoured buyers with options, and many people saw 2025 as a chance to either upgrade their lifestyle or invest in a home with long-term value.

March highlighted up-and-coming Kelowna neighbourhoods. Areas outside Downtown and Glenmore quietly gained traction. This was a month for exploration and planning for those seeking both family homes and investment properties.

April focused on condos for sale in Kelowna BC. Condos offered convenience, low maintenance, and prime locations near UBCO and major shopping centres. This month reminded buyers that condos could be a smart, flexible choice for first-time buyers, downsizers, or investors.

May brought vacation rentals back into focus. With new short-term rental regulations aligning more closely with provincial rules, Kelowna became an attractive spot for investors. Buyers needed to understand the rules and plan carefully, but for those willing to navigate the STR market, opportunities were plentiful.

June turned the spotlight to Kelowna lakefront homes for sale. Waterfront property continued to hold its value, offering lifestyle appeal that few other investments could match. More listings came onto the market, giving buyers a chance to enter one of the most competitive sectors of the Okanagan real estate market.

Kelowna Real Estate Agents Recall the Second Half of 2025

July examined the impact of summer tourism on Kelowna, Canada, real estate. Full beaches, busy patios, and visiting family members created spikes in housing demand. Short-term rentals and vacation homes added competition. For both buyers and sellers, summer was a busy and sometimes unpredictable time.

August focused on student housing around UBCO. Parents and investors weighed buying versus renting a condo. Kelowna’s student population created consistent demand, and the post-secondary market remained a stable niche for long-term returns.

September brought a broader market check. The Kelowna housing market after summer showed more balance between buyers and sellers. Seasonal shifts were apparent, but activity stayed healthy. It became clear that demand was steady even as the city transitioned into fall.

October explored prepping real estate in Kelowna, BC, Canada, for a winter sale. Sellers learned that cooler months could actually work in their favour. Serious buyers continued to look, and with less competition, homes that were well-prepared and marketed stood out.

November offered insight into buying new listings in Kelowna. The central bank cut interest rates, and more properties hit the market. Buyers had opportunities to take advantage of favourable conditions while prices stabilized.

Now that we are in December and the holidays are right around the corner, we have the chance to step back and reflect. As Kelowna real estate agents, we had a busy year working through shifts in buyer preferences, government regulations, and seasonal trends. From micro-markets to lakefront homes, new Kelowna real estate listings, and vacation rentals, 2025 offered lessons for every type of buyer and seller.

Looking Ahead to 2026

As we move into 2026, the real estate market in Kelowna promises continued opportunity. Whether you are buying, selling, or investing, understanding trends and staying informed will be key. The city’s growth, combined with low interest rates and diversified housing options, suggests a market that remains dynamic and inviting. As your real estate agents in Kelowna, we are ready to help clients take on the year ahead. Contact us today for more information about the holiday market!

FAQ About Our Kelowna Real Estate Agents Recap 2025

1. What were the hottest neighbourhoods in Kelowna in 2025?

Glenmore, Upper and Lower Mission, and Rutland stood out. These areas saw steady buyer interest and shifting pricing trends throughout the year.

2. Was 2025 a good year to buy a condo in Kelowna?

Yes. Condos offered convenience, low maintenance, and prime locations. Buyers had options near UBCO, the lake, and popular city spots.

3. How did the lakefront market perform in 2025?

Lakefront homes remained highly desirable. Values held steady, and new listings provided opportunities for both first-time and experienced buyers.

4. Did short-term rental regulations affect the market?

Yes. Updated rules aligned with provincial guidelines. Investors could legally operate vacation rentals again, but planning and compliance were essential.

5. What should buyers and sellers watch for in 2026?

Interest rates, local development trends, and Kelowna’s growing population will continue to shape the market. Staying informed and working with knowledgeable agents will be key.