Highway 97, Big White - July 2026 Real Estate Report

Highway 97, Big White: What Your Home Is Actually Worth Right Now

If you own a place along Highway 97 and you're still going off your last city assessment, you're probably working with stale numbers. Here's the real picture - and it's more interesting than you'd think.

The HonestDoor Price: Your Real-World Check

The average HonestDoor Price for Highway 97 sits at $734,822, up 1.82% from the previous period. That's the number that matters. Government assessments are snapshots from months ago. The HonestDoor Price pulls from live market activity, so it reflects what a buyer would actually put on the table today - not what a city assessor guessed last year.

On the rental side, the average estimate comes in at $3,443 per month. And if you're thinking short-term, Highway 97 holds the number 1 Airbnb rank in Big White, with an estimated $171 per night. That's not a small detail for anyone sitting on a property here.

The Vibe: Houses vs. Condos on Highway 97

These two markets are telling pretty different stories right now, and we should pay attention to both.

Houses - Taking a Breather

• Average sale price: $716,120 - up 13.9% from last month
• Current listings averaging: $749,449
• Price per square foot: $328
• Homes are selling at 95.77% of list price - buyers are negotiating
• Average days on market: 64 days
• Predicted market value: $725,529
• 3-month moving average: $732,664 - values are dipping slightly
• Rental yield: 5.30% with estimated rent of $3,095/month
• Growth rank: 16 out of 18 neighbourhoods in Kelowna
• Price rank: 14 out of 16 - among the most affordable in the city

Here's the honest read on houses: the sale price jumped hard last month, but the predicted value is sliding below the 3-month average. Homes are sitting on the market for 64 days - longer than nearby Glenmore Clifton at 54 days. We're not in freefall, but the house market is clearly taking a breather. Buyers have room to negotiate, and sellers need to price sharp.

Condos - Faster Feet, Moderate Returns

• Average sale price: $433,988 - up 4.9% from last month
• Current listings averaging: $444,100
• Price per square foot: $534
• Condos selling at 96.93% of list price
• Average days on market: 47 days
• 8 properties sold this month
• Predicted market value: $461,512
• 3-month moving average: $465,318 - also easing slightly
• Rental yield: 3.89% with estimated rent of $2,441/month
• Growth rank: 13 out of 17 neighbourhoods in Kelowna
• Price rank: 11 out of 14 - below average in price

Condos are moving faster than houses - 47 days versus 64. They're also outselling nearby Glenmore Clifton on speed. The predicted value of $461,512 actually clears nearby Mc Kinley Landing condos at $435,409, which tells us our condos are holding their own in a tough comparison. Rental yield is moderate at 3.89%, but for an entry-level buy-and-hold, the numbers still pencil out.

The Secret Sauce: Why Check Your HonestDoor Price Now

Here's the thing about tax assessments - they're built on data that can be 12 to 18 months old by the time it lands in your mailbox. A lot has moved since then. The HonestDoor Price at $734,822 is recalculated using current sales, current listings, and current market signals. It's the difference between knowing what your home was worth and knowing what it's worth right now.

With Highway 97 ranking near the bottom of Kelowna's neighbourhood leaderboard for growth - 16th out of 18 for houses - your assessed value from last year almost certainly doesn't reflect the full picture of where things are heading. Checking your HonestDoor Price takes two minutes and gives you a real baseline before you make any move.

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

If you're a homeowner on Highway 97 eyeing a summer sale, here's the straight talk.

For house sellers - you have a window, but it's not wide open. Prices are up on paper, but homes are sitting longer and selling below list. Pricing at or just under market value will move your property faster than swinging for the fences. With 64 average days on market, an overpriced listing could bleed into fall.

For condo sellers - your position is a bit stronger. Condos are moving in 47 days, buyers are close to full price, and your predicted value beats at least one nearby comparison. A well-staged, well-priced condo this summer has a real shot at a clean sale.

Either way, start with your HonestDoor Price. It's the most current number you have - and in this market, current is everything.

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.