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West Kelowna, BC

Updated: Aug 2016
House
Median price $549,900
Monthly growth 36.62 %
Quarterly trend
Stock on market 2.21%
Apartment
Median price $319,900
Monthly growth 12.24 %
Quarterly trend
Stock on market 0.71%

West Kelowna Home Price

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

While the median for British Columbia is $519,000 , which means that West Kelowna’s median price is $549,900 considerably better than the rest of the province.

How big are the houses being sold in West Kelowna? This month there are 3 one bedroom 37 two bedroom 91 three bedroom 110 four bedroom 39 five bedroom homes on the market.

This month we track 18th neighbourhoods in British Columbia, and West Kelowna has the 18th most choice available for real estate investors.

When we look at the data we have, it can help with trying to establish whether or not West Kelowna is a good investment target.

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

When looking across the province, West Kelowna is the 37th most expensive in British Columbia.

The median house price listed in West Kelowna this month is $319,900.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

There are 124 neighbourhoods that have more properties on sale than West Kelowna at the moment in British Columbia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

When we look at the data we have, it can help with trying to establish whether or not West Kelowna is a good investment target.

Over the last three months in West Kelowna, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Beds Median price (House) Median price (Apartment)
1 bedroom $124,900 $164,900
2 bedrooms $399,900 $314,800
3 bedrooms $497,700 $469,900
4 bedrooms $614,950 $349,900
5 bedrooms $700,000 $429,900
6 bedrooms $849,000
Demographics
  • Population in 201130892
  • Population in 200627214
  • 2006 to 2011 population change (%)13.5
  • Total private dwellings13034
  • Private dwellings occupied by usual residents11803
  • Population density per square kilometre250.1
  • Land area (square km)123.51