Week of September 28 – October 4, 2026 · Central Okanagan Real Estate
18 Weeks of Data · Graham Real Estate
Quarter-end clean-up: 255 listings came off. Homes priced right still sold at 98% in 31 days.
203 new listings and 64 sales this week. The big number is the 255 listings that came off the market without selling — 152 expired and 103 cancelled.
That jump is mostly the September 30 quarter end, when many listing agreements run out. The residential homes that expired had typically been on the market about six months.
Of the 64 residential homes that sold, 42 never changed their price. They sold for about 98% of what they first asked, in roughly 31 days. The 22 that needed a price cut got about 91% and took about 103 days.
New listing, sales, expired and cancelled figures from the Royal LePage Kelowna weekly board snapshot, Central Okanagan, week of September 28 – October 4 2026 (includes all property classes). Price, days and sold-vs-asking figures from the matching residential market analysis reports (64 residential sales).
The market by home type
How much choice buyers have right now
Latest complete month: loading. More than six months of inventory generally means buyers have more choice and time.
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Latest monthly figures
New listing, sales, expired and cancelled counts from the Royal LePage Kelowna weekly board snapshot, Central Okanagan, September 28 – October 4 2026. These board totals include commercial, farm, multi-family and land as well as homes. Every price, days and sold-vs-asking figure comes from the residential-only reports for the same week — 64 residential sales, 173 new residential listings, 115 expiries and 97 cancellations.
18 weeks of data. A quarter-end spike, and the same lesson on pricing.
| Week | New Listings | Sales | Unmatched | Non-sale rate |
|---|---|---|---|---|
| May 25–31 | 216 | 123 | 151 | 55% |
| June 8–14 | 259 | 116 | 116 | 50% |
| June 15–21 | 264 | 117 | 122 | 51% |
| June 22–28 | 246 | 106 | 118 | 53% |
| June 29–Jul 5 | 212 | 89 | 184 | 67% |
| July 6–12 | 234 | 100 | 135 | 57% |
| July 13–19 | 231 | 106 | 152 | 59% |
| July 20–26 | 215 | 98 | 125 | 56% |
| Jul 27–Aug 2 | 224 | 125 | 190 | 60% |
| Aug 3–9 | 185 | 94 | 98 | 51% |
| Aug 10–16 | 193 | 83 | 117 | 59% |
| Aug 17–23 | 184 | 85 | 125 | 60% |
| Aug 24–30 | 211 | 71 | 117 | 62% |
| Aug 31–Sep 6 | 218 | 102 | 201 | 66% |
| Sep 7–13 | 220 | 94 | 96 | 51% |
| Sep 14–20 | 236 | 83 | 132 | 61% |
| Sep 21–27 | 201 | 70 | 104 | 60% |
| Sep 28–Oct 4 | 203 | 64 | 255 | 80% |
May 25–Jun 21 figures from Single Family Residential board graphics. Jun 22 onwards from Royal LePage Kelowna weekly board data, Central Okanagan. Came off unsold = expired + cancelled.
New listings held steady at 203 and sales eased slightly to 64 from 70.
Listings coming off without selling jumped to 255 from 104. Quarter-end weeks do this — the Aug 31–Sep 6 week, the end of summer, showed a similar spike.
Homes that sold went for 97.1% of their final asking price — slightly better than last week's 96.7% — and typically took about 57 days, faster than last week's 69.
Sales ran from $125,000 to $3,750,000, with 14 of the 64 residential sales above $1 million.
"Priced right: about 98% in 31 days. Price cut needed: about 91% in 103 days."
42 homes never changed their price. 22 did. Here is what that cost.
Priced right from the start (42 homes): sold for about 98% of their original asking price, in about 31 days.
Needed a price cut (22 homes): sold for about 91% of their original asking price, in about 103 days.
On a $700,000 home, that 7% gap is roughly $49,000 — plus an extra ten weeks of mortgage, taxes and showings.
From the residential sold report for September 28 – October 4 2026. "Original asking price" is the price the home first listed at. Figures are typical (middle) values for each group.
255 listings came off unsold. Most had been sitting for months.
Many listing agreements end on the last day of a quarter, so September 30 brings a wave of expiries every year.
The residential homes that expired this week had been on the market about 185 days on average. Most were priced above what buyers were paying, and simply ran out of time.
Residential expired and cancelled reports, Central Okanagan, September 28 – October 4 2026.
If your listing expired, the market didn't reject your home — it rejected the price.
Homes that started at the right price sold in about a month. The ones that started high sat, cut, and still sold for less.
Relisting this fall? Start where buyers are already paying, not where you hope they'll come up to.
Tell us your price range and we'll show you how homes like yours are selling right now.
Homes coming back after expiring are worth a second look.
Sellers who relist after an expiry are usually more open to a realistic offer — and often come back at a lower price.
Homes priced right are still selling close to asking in about a month, so be ready to move on those.
Tell us your budget and timeline and we'll show you what's actually worth seeing.
Graham Team Take
The 255 listings coming off looks dramatic, but it's mostly the quarter-end clean-up of homes that had sat for months.
The useful story is the same as last week: homes priced right from the start sold faster and for more.
If you're thinking of selling this fall, the most important decision is your starting price. Comment or message us your price range and we'll tell you how it's selling.
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Data sourced from Royal LePage Kelowna weekly board statistics and residential market analysis reports, Central Okanagan, September 28 – October 4 2026. Market analysis figures are an opinion of value and not an appraisal. NOTE: this representation is based in whole or in part on data generated by the Association of Interior REALTORS®, which assumes no responsibility for its accuracy. MLS®, REALTOR®, and the associated logos are trademarks owned or controlled by The Canadian Real Estate Association (CREA). Not intended to solicit properties already listed for sale. Royal LePage Kelowna, independently owned and operated.
Graham Real Estate Team · Royal LePage Kelowna. Non-sale rate = expired plus cancelled listings divided by sales plus expired plus cancelled. Weekly totals and residential details come from the sources named above.
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