Why Is It Called a Blog — and What’s Up With the Okanagan Real Estate Market?

Let’s start with the basics: it all began with something called a “web log” — basically, an online diary where people recorded their thoughts and stories.

Over time, to make it shorter and catchier, people combined the words “web” and “log.” They took the “b” from “web” and added it to “log,” and voilà — it became a “blog.”

Honestly, I had to look this up myself, so if you didn’t know this either, you’re definitely not alone! Please reach out and let me know if you were in the same boat — it’d be nice to feel less alone on this one.

Speaking of boats — hello summer in the Okanagan! I’m so happy you’re here. My garden has been thriving, I’ve even got a bit of a “tan”, and I’m planning to get in the lake this weekend. It should be around 17 degrees by now!

Welcome to my first real estate — and technically, first — blog. I hope you have as much fun reading it as I plan to have writing it. Got questions or curious about something? Reach out, and I’ll do some digging and try to “blog” it for you!

So, what’s up with the Okanagan real estate market? Oh boy. Well, there’s some complexity to that question. There doesn’t seem to be a clear answer around town.

If you're a Realtor and a client mentions a listing that’s been sitting for a while, you’ll probably say, “Last year was a dead year — almost a write-off.”

This year started picking up in January. I had a couple of listings we wanted to hit the market earlier than your typical spring boom. Then, the tariffs seemed to cool things off again, leaving many of us wondering what’s really going on out there.

So, we went back to waiting and watching.

But not long after the Canadian election in April, the market started to pick up again. And now, here we are — it’s summer, and the Bank of Canada has kept rates the same. So Buyers are out there shopping, and making offers on homes that are priced fair and strategic!

listing prices vs sold prices in

Central Okanagan from years 2020- now

Compiled Single Family, Townhouses and Apartments in the Central Okanagan from 2020-2025, Sold Price is lower than the listing price. Compiled from approx 49,000 listings. Source: Matrix v12.4. Copyright © 2025 CoreLogic. All rights reserved.

In this market pricing realisticly is key to success. In the next blog, I will write about why BC Assessment is not a reliable source for pricing your home.

Your real estate wins are my favourite kind — let’s make it happen together!

Cheers,
Brianna

Disclaimer: This blog is based on my personal opinions and experiences. It is not intended to solicit buyers or sellers currently under contract with another real estate professional.