Casa Loma, West Kelowna - September 2026 Real Estate Report

Casa Loma, West Kelowna: Your Home Is Worth More Than the City Thinks

If you own property in Casa Loma and you have been going off your government assessment, you are leaving real money on the table. The average assessed value here sits at $1,701,959 - but the average HonestDoor Price is $1,827,106. That is a $125,000 gap. That is not a rounding error. That is a renovation, a down payment on a cabin, or a very comfortable retirement top-up.

The Vibe: What Is Actually Happening in Our Neighbourhood

Casa Loma is a tale of two property types right now, and it is worth knowing which side of that story you are on.

Houses: Premium Address, Patient Sellers

Let us be straight with each other. The house market here is taking a breather. Homes are sitting on the market for an average of 104 days, and buyers are paying about 95 cents on every listed dollar. For context, Downtown West Kelowna is moving homes in 67 days. So yes, we are slower right now.

But here is the thing - slower does not mean cheap. Casa Loma houses rank 2nd out of 13 neighbourhoods in West Kelowna for price. We are still one of the most expensive addresses in the city. The average sale price is $1,574,400, current listings are averaging $1,649,450, and the predicted market value sits at $1,818,990. That predicted value is actually climbing past the 3-month moving average of $1,791,397, which tells us the floor is holding.

• Average sale price: $1,574,400
• Average list price this month: $1,649,450
• Price per square foot: $464
• Average days on market: 104
• Sale-to-list ratio: 95.32% - buyers are negotiating
• Predicted market value: $1,818,990
• Estimated monthly rent: $6,354
• Rental yield: 4.04%
• Growth rank: 4th out of 14 neighbourhoods - above average in West Kelowna

Only 2 houses sold this month and 6 transactions recorded in 2026 so far. Low volume at high prices. That is the Casa Loma house market in one sentence.

Condos: A Softer Patch, But Worth Watching

The condo picture is a bit more honest about the current headwinds. The HonestDoor Price for condos here is $800,929 - up 1.30% from the previous period, which is a good sign. But the predicted market value of $790,684 is running below the 3-month moving average of $830,900, and recent value change is sitting at -3.75%. That is a dip worth acknowledging.

On the neighbourhood leaderboard, Casa Loma condos rank 6th out of 13 for growth - right in the middle of the pack. Not leading, not falling behind. Lakeview Heights condos are averaging $900,753, which is higher than us, and South Central is a different animal entirely at $1,946,370. Downtown condos at $784,269 are the cheaper alternative for buyers who are shopping around.

• Average HonestDoor Price (condos): $800,929
• HonestDoor Price change: up 1.30%
• Predicted market value: $790,684
• 3-month moving average: $830,900
• Estimated monthly rent: $3,620
• Rental yield: 3.26%
• Airbnb rank in West Kelowna: 2nd - strong short-term rental potential
• Growth rank: 6th out of 13 - above average

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now

Here is the problem with your BC Assessment number. It is a snapshot from last July. It does not know what sold on your street last month. It does not factor in your renovated kitchen or the fact that lakefront demand in West Kelowna has shifted since that number was calculated.

The HonestDoor Price updates in real time using actual transaction data. For Casa Loma houses, it is running 7.35% above the average assessed value. On a $1.7 million home, that gap is roughly $125,000. If you are using your assessment to make any financial decision - refinancing, listing price, estate planning - you are working with a number that is already out of date. The HonestDoor Price is the real-world check. Use it.

Casa Loma also holds the top spot in West Kelowna for average assessed value - ranked 1st in the city. And our Airbnb potential ranks 2nd in West Kelowna, with houses pulling an estimated $316 per night. That is not nothing if you are thinking about your property as an asset, not just a home.

The So What: Thinking About Selling This Summer?

If you are a house seller, go in with clear eyes. Buyers are negotiating - the 95.32% sale-to-list ratio tells you that. Price it right from day one because sitting on the market for 104 days does not help anyone. The good news is that predicted values are trending up, and you are still playing in the top tier of West Kelowna pricing. A well-priced Casa Loma home is not a hard sell. An overpriced one is.

If you own a condo and were thinking about timing the market - the recent -3.75% value shift is a reason to pay attention, not panic. The HonestDoor Price is still up 1.30% from the previous period. But if selling is on your radar, sooner is probably smarter than waiting to see if that 3-month moving average gap closes in your favour.

Either way, the first move is simple. Check your HonestDoor Price today. It takes 30 seconds and it will tell you more about what your home is actually worth right now than any assessment notice sitting in your kitchen drawer.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.