North End, Kelowna - September 2026 Real Estate Report

North End, Kelowna: Your Home Is Worth More Than the City Thinks

If you have been watching the "For Sale" signs around North End and wondering what is actually going on, here is the straight story. The market is taking a breather, but your property value is holding up better than most people realize - and the gap between what the city says your home is worth and what it could actually sell for is significant.

The Vibe: Houses vs. Condos in North End

Houses - Slow to Sell, But Priced Strong

We are seeing a clear buyers' market for houses right now. Only 2 homes sold this month, sitting on the market for an average of 152 days - that is a days-on-market rank of 15 out of 16 neighbourhoods in Kelowna. Buyers are not in a rush, and sellers are feeling it. Homes are closing at about 93.81% of list price, meaning if you list at $700,000, expect to land closer to $657,000 at the table.

• Average sale price this month: $641,850
• Average list price this month: $684,450
• Price per square foot: $699
• Average days on market: 152
• Sale-to-list ratio: 93.81%
• Predicted market value: $1,058,053
• Estimated monthly rent: $4,275
• Rental yield: 4.75%
• Growth rank: 6 out of 18 neighbourhoods - above average on the Kelowna leaderboard

The silver lining? On growth, we rank 6th out of 18 comparable neighbourhoods. That puts North End houses in the top third of Kelowna for value trajectory, even while the broader market cools.

Condos - Moving Faster, But Prices Are Sliding

The condo side of North End tells a different story. Five units sold this month - down 44.4% from last month - and the average sale price dropped 26.4% to $514,040. That is a notable dip. Buyers are getting deals, closing at 96.76% of list price, which is tighter than houses but still below asking.

• Average sale price this month: $514,040 (down 26.4% from last month)
• Average list price this month: $636,530
• Price per square foot: $611
• Average days on market: 56
• Sale-to-list ratio: 96.76%
• Predicted market value: $821,955
• Estimated monthly rent: $3,404
• Rental yield: 3.53%
• Growth rank: 8 out of 17 neighbourhoods - above average on the Kelowna leaderboard

The upside: condos here are selling faster than nearby Cultural District (56 days vs. 67 days). Demand is real. And our predicted condo value of $821,955 beats Cultural District's $666,121 by a solid margin. We are priced above average - 3rd out of 14 Kelowna neighbourhoods on price rank. That is not nothing.

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

Here is the number that should get your attention. The city assessed the average North End house at $913,444. The average HonestDoor Price is $1,047,261. That is a gap of over $133,000 - or 14.65% more than what your tax assessment says.

For condos, the gap is even wider. The average assessed value sits at $575,097, but the average HonestDoor Price is $819,854. That is 42.56% higher than what the city has on file.

Why does this matter? Government assessments are snapshots frozen in time. They do not react to what sold last month, what buyers are actually paying right now, or what your specific street is doing. The HonestDoor Price pulls from real-time market data and updates continuously. It is the real-world check against a number that was calculated months ago and has not moved since.

If you are making any financial decision - refinancing, selling, even just understanding your net worth - use the HonestDoor Price as your starting point, not the assessment notice that showed up in your mailbox.

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

Honest answer: the market is not on fire right now, but North End is not in trouble either. Here is how to read the room if you are thinking about listing.

For house sellers, patience is the price of admission. With 152 average days on market, you need to price sharp from day one. Overpricing and chasing the market down is the worst move in a buyers' market. Come in at a number that reflects the 93.81% sale-to-list reality, and you will attract serious buyers faster.

For condo sellers, the faster turnover (56 days) is encouraging, but the month-over-month price drop is a signal to act sooner rather than later. Waiting for prices to bounce back is a gamble right now. If your HonestDoor Price is sitting well above your assessed value - and for most North End condo owners it is - you likely have more equity to work with than you think.

Either way, check your HonestDoor Price before you call an agent. Walk into that conversation knowing your real number, not the city's outdated one. That is how you negotiate from a position of strength.

• Total house transactions in 2026: 22
• Total condo transactions in 2026: 43
• House Airbnb estimate: $211 per night (Airbnb rank 11 in Kelowna)
• Condo Airbnb estimate: $168 per night (Airbnb rank 6 in Kelowna)
• Total properties assessed this year: 1,232 houses, 1,531 condos

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.