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Kelowna's Real Estate Statistics and Market at a Glance


Moving to Kelowna, BC? Here's What You Need to Know!

If you are thinking about moving to Kelowna? Before making a move to Canada's most beautiful city, find out what you need to know.

Kelowna is located in British Columbia, Canada, with a population of over 150,000.

While doing your research, you'll discover many reasons why so many people decide to move here, but one of the primary reasons is the incredible weather. Kelowna has a mild climate year-round, with an average temperature of 14 degrees Celsius (57 degrees Fahrenheit). There are four distinct seasons in Kelowna; winter, spring, summer, and fall. Winter lasts from November to March, spring runs from April to June, summer from July to September, and fall from October to December.

For such a small city, the culture here is quite extraordinary. Kelowna is known as "Canada's Greenest City" due to its natural beauty and abundance of parks and green spaces. It is also home to Okanagan College and the University of British Columbia Okanagan (UBCO), which provides exceptional post-secondary school options.

Kelowna is also home to several festivals, such as the Kelowna Jazz Festival, the Kelowna Wine Festival, and the Kelowna Film Festival.

Downtown is the arts and culture district full of lively entertainment, unique restaurants, and bars with a fantastic nightlife scene.

Kelowna has plenty to do for visitors and residents alike. Whether you enjoy outdoor activities, shopping, dining, or just relaxing at one of the many parks, Kelowna offers something for everyone.

With more than 300 days of sunshine each year, Kelowna is an ideal destination for outdoor enthusiasts. From hiking trails to golf courses, there's plenty to do outdoors. If you prefer to spend your time indoors, there are plenty of activities to keep you busy, too. You can visit museums, galleries, and art centers, participate in festivals, shop at local boutiques, and much more.

Real estate in Kelowna is plentiful, with all shapes, sizes, and types of homes for sale, from mobile homes to condos and townhomes to luxury lakefront mansions that line the shores of Okanagan Lake. Kelowna real estate is located along the shores of Okanagan Lake and offers residents access to some of the best outdoor activities in British Columbia. There are many parks and trails for hiking, biking, and walking. In addition, there are several golf courses within easy reach.

How much does real estate cost in Kelowna?

As of September 1, 2022, the average single-family home in Kelowna with four bedrooms, three bathrooms, and 2,664 square feet of living space costs $1,251,838.

As of September 1, 2022, the average townhome in Kelowna with three bedrooms, three bathrooms, and 1,657 square feet of living space costs $762,311.

As of September 1, 2022, the average condo in Kelowna with two bedrooms, two bathrooms, and 993 square feet of living space costs $529,110.

Kelowna was recently named one of the top ten places to live in Canada by MoneySense Magazine, and If you're still not convinced whether or not you should move to Kelowna, BC.

Be sure to head on over to our video section, where we cover everything there is to know about moving to Kelowna, BC.

Book your Relocation Consultation with Brandon Grass, a Kelowna Realtor and local community expert with eXp Realty, today!

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