Kelowna Real Estate Market News

Kelowna Real Estate Buyers Survey Results May 2022


The latest Association of Interior Realtors Buyer Survey Results for April 2022 are now out.


First-Time and Investor Buyers were busier again last month, with Lower Mainland Buyers still remaining active.


Here are the full results.


Best describe your most recent Buyer (moving to/from property type)


First Time Buyer – 18.24%

Revenue Property Investor – 13.19%

Moving Up – 14.95%

Similar Property Type – 19.78%

Downsizing – 17.14%

Single family Res to Strata – 4.40%

Recreational Property – 6.59%

Retirement Community – 1.32%

Strata to Single Family – 2.86%


Describe the Buyer (family dynamic):


Couple without children – 21.59%

Two Parent family/children – 25.99%

Empty nesters or retired – 19.82%

Single female – 12.56%

Single male – 13.88%

Single parent with children – 2.20%


Where did Buyer move from?


From within Association area – 54.80%

From Lower Mainland/Island – 25.11%

From Alberta – 8.52%

From other Areas BC – 5.46%

From E Canada/Maritimes – 4.37%

From Sask./Manitoba – 1.09%

From outside Canada – 0.66%

From the NWT/Yukon – 0.00%


In what area was property purchased?


Kelowna/West Kelowna – 44.08%

Vernon/Coldstream – 16.67%

Central Ok (outside K/WK) – 3.95%

Salmon Arm – 3.73%

North Ok (outside V/CS) – 6.36%

Shuswap/Rev (outside SA) – 6.80%

Oliver/Osoyoos – 3.51%

Princeton/Keremeos – 0.66%

Summerland – 1.32%

Penticton/Naramata – 8.77%

Dawson Creek – 3.29%

Chetwynd/Tumbler Ridge – 0.88% 


Kind Regards


Trish Cenci

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