Monday Market Report December 1, 2025

PENTICTON’S HOUSING MARKET OPENED DECEMBER WITH SOLID SALES, AS INVENTORY KEEPS TRENDING LOWER.

16 homes sold in Penticton this past week. That’s up 3 sales from the week prior week, and on par in sales for the same time period one-year ago. Meanwhile, another 17 new listings hit the market this week, giving buyers a few more options to explore.

Highlight of the Week: A Single-Family Home on the North side of Penticton sold for more than 1.4 Million Dollars. Overall, buyers secured homes at an average of 94% of the asking price, with none of the 16 properties selling at or above the listing price.

Inventory Check: There are currently 355 properties (of all types) available in Penticton today. That’s down from 382 Properties in December 2024. This is a further 7% decline in inventory versus last year and has become a consistent trend in my year-over-year analysis. This is definitely the first sign of a shift in the market dynamics.

Listing Activity: In the past 30 days, 66 new properties have joined the Penticton market, creating exciting fresh opportunities for buyers.

Pro Tip for Buyers: The window of opportunity is still open – though it’s hard to say for how long. With the recent Bank of Canada rate cut and buyer demand showing signs of life, multiple offers and brisk sales could return sooner than expected. Thinking of buying? Now’s the time to act with confidence before the pace shifts.

16 SALES by property type for the homes SOLD this past week (Dec. 1 – Dec. 7). Breakdown is as follows:

7 Condos
4 Single Family Homes
3 Mobile Homes
1 Half Duplex
1 Townhome

17 NEW LISTINGS that hit the market last week (Dec. 1 – Dec. 7). Breakdown is as follows:

9 Condos
6 Single Family Homes
2 Townhomes

Whether you’re a first-time buyer, investor, or looking to downsize or upsize, the current real estate market in Penticton offers solid opportunities—especially if you’re ready to move quickly. If you have questions or want expert guidance, reach out to Shannon Simpson PREC* a trusted Penticton real estate professional today!

CONNECT WITH SHANNON SIMPSON

https://www.simpsonsellspenticton.ca/contact-shannon

NOTE: this representation is based in whole or in part on data generated by the Association of Interior REALTORS®, which assume no responsibility for its accuracy.