CENTRAL OKANAGAN REAL ESTATE UPDATE

February 2026

Welcome to 2026! With daylight increasing rapidly now, it already feels as though we are much closer to spring than winter. The shift in seasons brings a renewed sense of energy and optimism, and I’m actively embracing the warmer days ahead.

The real estate market is currently in a unique phase this cycle. In the Central Okanagan, the average seller is over 60 years old, and nearly 25% are selling to move closer to family. We are increasingly seeing real estate become a multi-generational strategy, where sellers either upsize to accommodate family members or downsize to provide the liquidity necessary to help the next generation enter the market.

Due to rising property costs and recent high interest rates, the average age of a first-time homebuyer has risen to between 36 and 40. As the gap between average income and housing costs widens, many families are looking for creative ways to bridge that divide. I am currently collaborating with mortgage brokers who specialize in innovative reverse mortgage options. These newly designed products are intended to provide homeowners with flexible ways to access liquidity or transition to a new home.

Whether you are considering “up-sizing” to accommodate additional family members or “down-sizing” to free up resources, these solutions are crafted to support your family’s housing needs during the changing real estate landscape.

Despite these challenges, homeownership remains the foundation of personal wealth when viewed through a six-to-ten-year lens. I am committed to helping the next generation achieve homeownership well before the age of 40.

If you have family members interested in entering the market, or if you would like to brainstorm ways to help your children and grandchildren, please reach out. I would be happy to help you develop a win-win real estate strategy for your family.

Manuella
Licensed Realtor

Trusted Real Estate Advisor – Backed by 20+ Years Local Experience

Okanagan Residential Sales Summary Statistics- November 2025

Now Selling: Luxury Townhomes – Only 5 Left! Experience the exceptional quality and thoughtful design of these brand-new, move-in ready townhomes. Crafted with care by the award-winning team at Plan B, each of these eight residences (just 5 remaining) seamlessly blends timeless finishes with modern flair — all in a prime central location. This 2-bedroom, 2.5-bathroom home offers a stylish, low-maintenance lifestyle without compromising on comfort or elegance. Enjoy a private rooftop patio engineered to support a full-size hot tub, complete with glass railing, gas, and water hookups — perfect for entertaining or relaxing under the stars. Step inside to discover a bright, open-concept second-floor living space, featuring: A gourmet kitchen with quartz countertops. Upscale stainless steel appliances including a gas range. Plenty of space for a dining area. A cozy gas fireplace in the spacious living room. The third floor includes two generous bedrooms, each with its own full ensuite bathroom, offering privacy and comfort for both residents and guests. Additional highlights: Double attached garage with rough-in for EV charging. Built to the highest standards by Plan B. Covered under the 2-5-10 New Home Warranty. Photos shown are from the furnished show suite. First-time homebuyers may be eligible to save the full GST and most of the Property Transfer Tax — ask for details! (id:2469)

Statistics Report - May 2025

WELCOME to Lost Creek Point: Your Nature-Inspired Sanctuary! This gorgeous semi-detached rancher-style townhome features an ultra-efficient design with primary 'Main-Floor Living’, over 30K in fine upgrades, including a flexible day-lit walkout basement, it offers a spacious 2700sqft with 4BD and 3BA. Step into the open-concept main floor where warmth and sophistication come together. New upgrades from feature walls, lighting to custom blinds. The gas F/P, and wide plank hardwood floors create an organic relaxing vibe, large windows fill the space with natural light allowing you to enjoy the morning sun. The kitchen is a chef's dream; featuring quartz countertops, oversized island, pantry, and KitchenAid S/S appliances, including a gas stove and soft closing cabinetry. Then the primary suite delivers a true retreat, complete with luxurious 5-piece ensuite and WIC. Our beautifully finished walkout basement presents an entertainment escape, complete with a new panelled feature wall with LED F/P, wet bar, wine room, 2 bedrooms, a full bathroom and covered patio. Additionally included: a mechanical room with HWT on-demand, high-eff. furnace and geothermal for year-round comfort, ample parking built for energy eff. with remaining home warranty. Step outside to your covered balcony or lower floor patio, perfect for BBQs & summer gatherings. Desirable Lost Creek Point is the perfect place to call home, low maintenance, steps from nature - embrace your tranquil lifestyle today! (id:2469)

WELCOME to Lost Creek Point: Your Nature-Inspired Sanctuary! This gorgeous semi-detached rancher-style townhome features an ultra-efficient design with primary 'Main-Floor Living’, over 30K in fine upgrades, including a flexible day-lit walkout basement, it offers a spacious 2700sqft with 4BD and 3BA. Step into the open-concept main floor where warmth and sophistication come together. New upgrades from feature walls, lighting to custom blinds. The gas F/P, and wide plank hardwood floors create an organic relaxing vibe, large windows fill the space with natural light allowing you to enjoy the morning sun. The kitchen is a chef's dream; featuring quartz countertops, oversized island, pantry, and KitchenAid S/S appliances, including a gas stove and soft closing cabinetry. Then the primary suite delivers a true retreat, complete with luxurious 5-piece ensuite and WIC. Our beautifully finished walkout basement presents an entertainment escape, complete with a new panelled feature wall with LED F/P, wet bar, wine room, 2 bedrooms, a full bathroom and covered patio. Additionally included: a mechanical room with HWT on-demand, high-eff. furnace and geothermal for year-round comfort, ample parking built for energy eff. with remaining home warranty. Step outside to your covered balcony or lower floor patio, perfect for BBQs & summer gatherings. Desirable Lost Creek Point is the perfect place to call home, low maintenance, steps from nature - embrace your tranquil lifestyle today! (id:2469)

Don't miss out on this meticulously renovated 2-bedroom, 2-bathroom apartment within the Terravita Complex next to Shannon lake. Step into the spacious living room and bask in the abundant natural light streaming through expansive West facing windows, relax on the large patio while taking in views of the Shannon Lake Golf course. The split bedroom layout offers both privacy and comfort with ample space in the primary bedroom for a work area or a make up station. The home has been recently renovated, upgrades include quartz counter tops for kitchen as well as bathrooms, hardwood floors in the bedrooms, lighting fixtures and a new coat of paint. It is also conveniently located near hiking trails, elementary as well as middle schools all within walking distance. For the fishing and golfing enthusiasts, Shannon lake and Shannon Lake Golf course is just right ""next door""! Don’t miss you chance to see this beautiful unit, book your showing now! (id:2469)

Welcome to #9 1225 Findlay Road! The Nest at Findlay is the latest development from Millennial Developments. Located on a quiet street in the heart of Rutland North, this beautiful, well-appointed 3-bedroom, 2.5-bathroom townhouse includes 1489 sq. Ft of living space, with a private 93 sq. Ft balcony. This unit features a modern three-story layout with an open concept design and a lighter, airy colour palette with subtle textures that add depth and character. The main level features the kitchen, living room, powder room, and dining nook with access to the private balcony, which includes a gas BBQ hookup and custom pergola. The kitchen is equipped with white kitchen cabinets, quartz countertops, and stainless-steel appliances. Upstairs is the primary bedroom with walk-in-closet and 5-pc en-suite. Upstairs is complete with two additional bedrooms, 4-pc bathroom and laundry closet. This unit also includes a fenced back yard, double side-by-side garage, and amenities which include a community garden, jungle gym, and outdoor BBQ area. Located just outside of an Active Transportation Corridor, The Nest is located within walking distance to Ben Lee Park, Rutland Centennial Park, the YMCA, Rutland Sports Fields, shopping, and public transit. Rutland North is also a short drive to UBCO and the Kelowna International Airport. Rentals are allowed, with restrictions (min. 30 days) and pets are also allowed, with restrictions (two dogs, or two cats, or one dog and one cat). GST Applicable. (id:2469)

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Welcome to Unit 215 at The Daly Experience alpine living at its finest with this one- bedroom home at The Daly, a premier collection of contemporary residences located at the base of RED Mountain Resort. Designed with Nordic-inspired interiors, this space offers an inviting blend of cozy comfort and modern sophistication, creating the perfect retreat after a day of adventuring around RED. With stunning valley views, smart and sustainable design, and thoughtful storage solutions, this home is tailored for a variety of mountain lifestyles. Residents enjoy access to an impressive array of amenities, including a fitness facility, traditional dry sauna, inviting lounge spaces, BBQ stations, fire pits, and an outdoor pool and hot tub . This unit also includes parking, a premium bike locker (valued at $5, 000) , and a ski locker (valued at $2,500) . Located j ust steps from the resort's lifts, trails, and vibrant walkable streets, The Daly offers unparalleled convenience. The Day Lodge, Rafters bar, and The Josie Hotel, are all within a short stroll from your door. Rossland, BC, a short 7 minute drive from RED, is easily accessible via three nearby airports: Trail (YZZ) is j ust 10 minutes away, castlegar (YCG) is 30 minutes, and Spokane International (GEG) is approximately 2.5 hours. Major cities such as Kelowna, Seattle, Vancouver, and Portland are all within driving distance making this an ideal year-round getaway. Scheduled for completion in 2026. CREA (id:2469)

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