BC
Kelowna
Selling in Kelowna
Kelowna is the valley's centre of gravity, and it's really several markets wearing one name. The Mission and Lower Mission trade on lake access and schools. Glenmore and Dilworth sell on commute time. The Upper Mission and Kettle Valley are where families go for newer builds and a view. Selling here means knowing which of those markets your house is actually in, because they don't move at the same speed or price the same way.
This fall fewer new listings are coming on than a year ago, and single family values have held while condos and townhomes have softened. The average price here also runs well above the median, so a handful of big lakefront sales make the city look pricier than most streets actually are.
If you're thinking about listing in Kelowna, start with what your street has sold for recently rather than what the city average says.
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