Glenmore Clifton, Kelowna - July 2026 Real Estate Report

Glenmore Clifton Real Estate Update: Still One of Kelowna's Top Addresses, But the Market Is Shifting

If you own a home in Glenmore Clifton and you haven't checked your actual market value lately, now is the time. The city's assessment number is one thing. What buyers are actually paying is another story entirely.

The Vibe: What's Happening in Our Neighbourhood Right Now

Houses - Strong, But Taking a Breather

We're sitting at an average sale price of $1,092,702 for houses this month. That's down 0.8% from last month, and homes are listing around $1,047,034. Buyers are paying 97.43% of list price on average, which means sellers are giving a little ground. That's the market telling us something.

• Average sale price: $1,092,702
• Average list price: $1,047,034
• Price per square foot: $436
• Average days on market: 52 days
• Properties sold this month: 53
• Sale-to-list ratio: 97.43%

Here's the good news for us: 52 days on market beats nearby Central City at 66 days. Our homes are moving faster than the competition. That's real demand, even in a softening environment.

On the neighbourhood leaderboard, Glenmore Clifton houses rank 8 out of 18 for growth in Kelowna - above average. Price rank is 7 out of 16, also above average. And for total transactions across all property types, we rank number 1 in Kelowna with 175 deals done in 2026. This neighbourhood is active.

Condos - A Wild Month, But Watch the Trend

Condo numbers look dramatic on the surface. The average sale price jumped to $598,638 - up 44.6% from last month. Before you get too excited, that kind of swing on only 8 sales means one or two higher-end units can move the average significantly. The predicted market value of $571,610 is a more grounded number to anchor to.

• Average sale price: $598,638
• Average list price: $609,125
• Price per square foot: $437
• Average days on market: 54 days
• Properties sold this month: 8
• Sale-to-list ratio: 97.86%

Condos here are also outselling Central City on speed - 54 days versus 66 days. And our average sale price beats nearby Ambrosi condos at $514,500. On the leaderboard, condo growth ranks 10 out of 17 in Kelowna - below average, but the 3-month predicted value trend is actually moving up, from $569,134 to $571,610. Small but positive.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here's the thing about your BC Assessment number. It's a snapshot from last July. A lot has happened since then.

For houses in Glenmore Clifton, the average assessed value is $1,026,446. The average HonestDoor Price is $1,085,990. That's a gap of nearly $60,000 - or 5.80% higher than what the government has on file. If you're making any financial decision based on your assessment alone, you're working with an outdated number.

For condos, the gap is even wider. The average assessed value sits at $470,019. The average HonestDoor Price is $566,954 - that's 20.62% higher. That's not a rounding error. That's a meaningful difference in what your property is actually worth in today's market.

The HonestDoor Price updates in real time using current sales data. Your assessment does not. One of these numbers reflects what a buyer would pay today. The other reflects what a bureaucrat estimated last summer.

The "So What?" - Thinking About Selling This Summer?

If you're weighing a sale in Glenmore Clifton this summer, here's the honest read.

For house sellers: the market is cooling slightly, but we're still above average in Kelowna for price, speed, and transaction volume. Buyers are negotiating a little more than they were. Pricing sharp from day one matters more now than it did a year ago. A home sitting 52 days is fine. A home sitting 80 days starts to raise questions.

For condo sellers: the predicted value trend is heading in the right direction, and your HonestDoor Price is running well above assessment. But with only 8 sales this month, the condo pool is thin. Timing and pricing precision matter a lot when the sample size is small.

For both: your city assessment is not your selling price. Check your HonestDoor Price first. It's the real-world number - updated, data-driven, and a lot closer to what a buyer will actually put on a contract.

• House HonestDoor Price: $1,085,990 - 5.80% above assessment
• Condo HonestDoor Price: $566,954 - 20.62% above assessment
• House rental estimate: $4,401 per month
• Condo rental estimate: $2,662 per month
• Glenmore Clifton transaction rank in Kelowna: 1st

Bottom line - Glenmore Clifton is still one of the most active and well-priced neighbourhoods in Kelowna. The market is asking sellers to be realistic and buyers to move decisively. Know your real number before you do anything else.

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.