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Okanagan Falls, BC

Updated: Aug 2016
House
Median price $524,900
Monthly growth 1.92 %
Quarterly trend
Stock on market 2.21%
Apartment
Median price $219,950
Monthly growth 7.34 %
Quarterly trend
Stock on market 0.07%

Okanagan Falls Home Price

Across the country as a whole, Okanagan Falls is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $524,900 in Okanagan Falls was an above average compared to the rest of British Columbia.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

There are 359 neighbourhoods that have more properties on sale than Okanagan Falls at the moment in British Columbia which puts the neighbourhood top 40% when looking at the number of properties to choose from.

British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Okanagan Falls have dried up which would tend to indicate that demand is higher than the supply of new properties.

Across the country as a whole, Okanagan Falls is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

The median house price listed in Okanagan Falls this month is $219,950.

There are 124 neighbourhoods that have more properties on sale than Okanagan Falls at the moment in British Columbia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

Will prices rise across the next year in in Okanagan Falls? There are a number of real estate indicators to consider.

In Okanagan Falls, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Beds Median price (House) Median price (Apartment)
2 bedrooms $392,450
3 bedrooms $521,250
4 bedrooms $539,000
5 bedrooms $759,000
Demographics
  • Population in 20115717
  • Population in 20065913
  • 2006 to 2011 population change (%)-3.3
  • Total private dwellings2845
  • Private dwellings occupied by usual residents2436
  • Population density per square kilometre6.2
  • Land area (square km)919.17